Tim Geithner's Legacy of Shame (tags)
grand theft
economy
"Tim Geithner made clear the US government does not plan any breach with disaster capitalism....No wonder Wall Street cheers. New life is breathed into speculation at state expense with junk securities.."
Obama's Latest No Banker Left Behind Scheme (tags)
the looting of America
The New World Order's ObamaNation (tags)
Matt Taibbi has written an important article in this month's Rolling Stone magazine. In it he explains to the reader, in layman's terms, just what happened, how it happened, and who benefited from the massive taxpayer bailouts of Wall Street's biggest firms. But, most importantly, he hits the nail on the head by saying that the Republic is officially dead (and we do hear the dirge) -- there is no more pretense that we live in a democracy under the rule of law, because now the lawless ones have "officially" taken over the apparatus of the state and given us the finger in the process. Yes, as Taibbi's says: "We are royally fucked." Congress is now a collection of rubber stampers, and the people -- Wall Street slaves.
CHRY$LER: symbol of what is wrong in American business (tags)
Enough is enough! Chrysler is the epitome of greed prevalent in the corporate sector and it should be recognized as the symbol for much our economic woes.
Dodd and Geithner should resign (tags)
Instead of borrowing trillions and sticking future generations of taxpayers with the cost of bailing out a corrupt and ineffective financial system, the federal government should use the bailout money and charter a bank of its own,one that could offer loans directly to individuals and businesses and thereby stimulate the economy by providing capital to people who can't get it now from the private banks.
Toxic Plans for Toxic Assets (tags)
Obama stimulus from hell.
Obama's Economic Dream Team? (tags)
indeed for Wall Street bankers