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CitiGroup To Taxpayers; Thanks For The Jet

Despicable, reprehensible, disgusting and completely without conscience. Citigroup, who accepted taxpayer funded TARP funds, has purchased a corporate jet. According to Citi, they did not use taxpayer money for their Dassault Falcon 7X jet.

Someone please explain to me, what’s the difference if they used taxpayer money or their own money? If Citi […]

Breaking: Senate Passes Rescue Bill

Washington Post

By a vote of 74-25, the Senate just approved the revised version of the $700 billion Wall Street rescue bill rejected Monday by the House.

The bill now heads to the House for a vote, likely on Friday. Some of the revisions included in the Senate bill were designed to win […]

It’s Not About Wall Street…Stupid

I really don’t know if I am tired of every one throwing amount the wrong term “bailout” or the Americas stupidity on how the economy works. While many believe that the bailout is about Wall Street the true fact is this is a “credit market” crisis. Which is a far cry from the […]

Wall Street Twists and Turns in Agony, $1.3 Trillion Plunge

World reaction to the historic Wall St fall For Stocks, Worst Single-Day Drop in Two Decades US bail-out rejection stuns markets

‘Shocking scenes’

John Terrett, Al Jazeera’s correspondent in New York, said “I’ve never seen anything like this before.

IN DEPTH The US bail-out package

“We’re seeing quite literally shocking scenes on […]

Clusterf#@k to the Poor House – Dive of Death

Market Driven Economy Hits Tree – UPDATE

OK, there are lessons in history, has anyone bothered to notice that Americans have played this scene before?. ..

List of stock market crashes

WaMu Is Seized, Sold Off to J.P. Morgan, In Largest Failure in U.S. Banking History

Welcome to chaos: Arab nations hit hard as world markets crash

[…]

Bailout Wall Street, Locate Homeless Shelter and Keep Selling Weapons

Business as usual for US arms sales By Frida Berrigan

The chief executive officer of a weapons manufacturer has plenty of chances to rub elbows with deputy secretaries of defense, officials from Homeland Security, retired military personnel, and the best and brightest of the defense establishment almost any week of the year.

[…]

John McCain And House GOP Blow Up Bailout Agreement

John McCain’s rush to Washington to save our economy has only caused delay and damaged the bailout. A bailout agreement was on the table before McCain landed and when the maverick arrived on Capitol Hill he managed to slam dunk it into the trash. What a maverick.

As McCain traveled to Washington, he […]

John McCain The One Issue Candidate Suspends Campaign

John McCain running back to Washington to save Wall Street, please give me a freaking break. It’s more like McCain can only handle one thing at a time. Today, McCain’s recent stunt is to postpone his campaign and cancel the debate. Why, because McCain thinks he can save America after all it is […]

The Big Bush ‘Bail Out’ Blackmail

Guest post by Len Hart of The Existentialist Cowboy

It is called the ‘final stages of the coup’. I call it blackmail and extortion! A man already culpable for the crimes of high treason and mass murder now blackmails the congress and the people of the United States. The result is not just […]