Category Archives: Wall Street

Whale-Sized Gambles, Lies, and Empty Apologies

Wall Street is the apex of legal gambling. It always has been. It’s not called gambling, of course, but we should understand that that’s precisely what it is. Perhaps the question for those of us living in a free market … Continue reading

Posted in Citizens United, Coffee Party, trickle down economics, Wall Street | Tagged , , , , , , , , , , | 3 Comments

Do Americans Believe Capitalism & Government Are Working?: Findings from the 2013 Economic Values Survey

See on Scoop.it – DidYouCheckFirst This survey by the Public Religion Research Institute and Governance Studies at Brookings examines Americans’ views on capitalism, government, economic policy, and financial well-being, Greg Russak‘s insight: The survey also developed a new religious orientation … Continue reading

Posted in capitalism, Citizens United, corporate welfare, Democrats, economy, middle class, politics, Republicans, Wall Street | Tagged | Leave a comment

I Didn’t F*ck It Up. You Didn’t F*ck It Up.

See on Scoop.it – DidYouCheckFirst http://www.youtube.com/watch?v=Sdn3O6aaMNc But it’s f*cked up! Now you can help to unf*ck it up by supporting the American Anti-Corruption Act! If you see this before Wednesday, July 15th, at noon,… See on didyoucheckfirst.wordpress.com

Posted in Citizens United, politics, richest 1%, tax reform, trickle down economics, Wall Street | Tagged , , | Leave a comment

“Bankers Are Balking at a Proposed Rule on Capital” Gretchen Morgenson – The New York Times

See on Scoop.it – DidYouCheckFirst “Over the next two months, the regulators proposing this rule will no doubt encounter a lobbying buzz saw. Mr. Hoenig (vice chairman of the F.D.I.C.) said he and his colleagues were bracing for that. Bankers, after … Continue reading

Posted in politics, free market, deregulation, capitalism, economy, greed, richest 1%, Wall Street, CDOs, poor, bail outs, regulation, middle class, credit default swaps, wealth distribution in America, CPB, BofA, corporate taxes, Bank of America, trickle down economics, Gilded Age, Occupy Wall Street, corporate welfare, JPMorgan | Tagged , , , , | Leave a comment

How Big Money Created the Most Polarized Congress in a Century: 5 Charts

See on Scoop.it – DidYouCheckFirst The incredible growth of PACs, the death of vote splitting, and the demise of America’s cushiest retirement home Greg Russak‘s insight: An article with charts worth keeping at the ready, especially when the discussion turns … Continue reading

Posted in 99%, Citizens United, Congress, corporate welfare, labor, middle class, Occupy Wall Street, politics, richest 1%, trickle down economics, unions, Wall Street, wealth distribution in America | Tagged , , , | Leave a comment

Wall Street’s Socialists

Take a good look. These are the real Socialists in America today(1). No, not Socialism in the text-book definition of the word. I mean something more heinous:  a dystopian form of capitalism in which all the gains are privatized and … Continue reading

Posted in Citizens United, credit default swaps, Glass-Steagall, Wall Street | Tagged , , , , , , | 7 Comments

Billionaires Unchained: The New Pay-As-You-Go Landscape of American “Democracy”

See on Scoop.it – DidYouCheckFirst Greg Russak‘s insight: Is this really what the First Amendment is about? “But what’s most striking about these groups is who funds them. An analysis by the liberal think tank Demos found that out of every $10 … Continue reading

Posted in Citizens United, Koch, richest 1%, Sheldon Addelson, Wall Street, wealth distribution in America | Tagged , , | Leave a comment

Two Senators Try to Slam the Door on Bank Bailouts

See on Scoop.it – DidYouCheckFirst Two senators know they’ll have to fight big banks to achieve passage of a bill to protect taxpayers from future bailouts. Greg Russak‘s insight: “A little over a month ago, the Senate held a nonbinding … Continue reading

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‘Whale-sized’ Proof That Wall Street Can’t Be Trusted

Wall Street is proving once again that they simply cannot be trusted. What is required is even greater and stronger regulation, not less. We also need laws that expeditiously put bankers in jail for the kinds of willfully unethical actions … Continue reading

Posted in free market, Glass-Steagall, Wall Street | Tagged , , , , , , | 1 Comment

The Economics and Patriotism of Infrastructure Jobs Programs

The Economics and Patriotism of Infrastructure Jobs Programs America’s crumbling infrastructure is both a safety hazard and a drag on our economy that is projected to only get worse. If we’re going to tackle the really big challenges of government … Continue reading

Posted in Ayn Rand, capitalism, corporate taxes, corporate welfare, economy, federal budget, Federal debt, free market, Gilded Age, GOP, greed, income taxes, job creators, jobs, John Galt, labor, middle class, Paul Ryan, poor, Republicans, richest 1%, Romney, Romney's income taxes, tax reform, taxes, The Invisible Hand, trickle down economics, U.S. Debt, Wal-Mart, Wall Street, wealth distribution in America | Tagged , , , , | 4 Comments