by Reverend Manny and the Twilight Empire
Through this and that, you may have heard the new bizarro claim from Wall Street. Apparently, Wall Street is not to blame for de-frauding both investors and homeowners. In fact, the homeowners themselves are the evil force behind the foreclosure crisis. It’s sort of like blaming […]
by Len Hart, The Existentialist Cowboy
The U.S. is bankrupt, literally owned by China who tops the CIA’s World Fact Book with the world’s largest positive Current Account Balance. The U.S. is on the very bottom as a result of the policies of four incompetent, corrupt and/or crooked U.S. GOP Presidents: Nixon, Reagan, […]
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 […]
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 […]
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 […]
World reaction to the historic Wall St fall For Stocks, Worst Single-Day Drop in Two Decades US bail-out rejection stuns markets
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 […]
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
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’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 […]