Tag Archives: Wall Street

Let’s #NeverForget915 and the Lies of Trickle-Down Economics

On this, the 5th anniversary of the bankruptcy of Lehman Brothers, Americans should take time to pause and remember this as yet another heinous crime of historic proportions perpetrated on Americans on a day in September. It wasn’t terrorists and … Continue reading

Posted in bail outs, Citizens United, Coffee Party, deregulation, economy, Fannie Mae, Freddie Mac, Gilded Age, Glass-Steagall, greed, Greenspan, JPMorgan, libertarianism, middle class, politics, Reagan, richest 1%, stock market crash, TARP, The Invisible Hand, trickle down economics | Tagged , , , , , , | 3 Comments

“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

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

‘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

Walmart vs the Morons; Seriously?

The “Walmart vs the Morons” email finally landed in my inbox. Can anyone possibly take this seriously? Perhaps defining Walmart as a “success” and the government as a “failure” depends mostly on how we think about and define words like … Continue reading

Posted in capitalism, economy, GOP, middle class, Republicans | Tagged , , , , , , , , , , , , , , , | 15 Comments