Category Archives: bail outs

Have We Not Learned That Bigger Is Not Better When It Comes to Banking?

How can this be a good thing? The very people who legally crashed our economy – and those who did it illegally and still haven’t gone to jail – and have kept their bonuses are now even bigger than before. … Continue reading

Posted in bail outs, Bernie Sanders, capitalism, Citizens United, corporate welfare, deregulation, economy, free market, greed, Magnetar, middle class, politics, regulation, richest 1%, TARP, The Invisible Hand, trickle down economics, Wall Street, wealth distribution in America | Tagged , , , , , , | 1 Comment

Unhappy Anniversary, Citizens United

Today is the 4th anniversary of the Supreme Court’s infamous “Citizens United” decision. Why should you care? Watch the 2 1/2 minute video at… …http://unitedrepublic.actionkit.com/event/cosponsor/9815/ to get a sense of what money in politics is doing to us and to … Continue reading

Posted in bail outs, Bernie Sanders, capitalism, Citizens United, class warfare, climate change, corporate welfare, deregulation, economy, federal budget, Federal debt, fracking, George Soros, Gilded Age, Glass-Steagall, GOP, illegal immigrants, Occupy Wall Street, politics, richest 1% | Tagged , , , , | 2 Comments

Farewell QE, you have been a magnificent success – Telegraph

See on Scoop.it – DidYouCheckFirst The moral contours of QE depend on your angle of vision. But would you rather be surrounded by mass unemployment? Greg Russak‘s insight: This article is pretty wonky, and I don’t profess or pretend to … Continue reading

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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 , , , , , , | 4 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 bail outs, Bank of America, BofA, capitalism, CDOs, corporate taxes, corporate welfare, CPB, credit default swaps, deregulation, economy, free market, Gilded Age, greed, JPMorgan, middle class, Occupy Wall Street, politics, poor, regulation, richest 1%, trickle down economics, Wall Street, wealth distribution in America | Tagged , , , , | Leave a comment