Fed
Bracing for An Eventual Day of Reckoning (tags)
markets
Janet Yellen Likely New Fed Chairwoman: Hold the Cheers (tags)
class war
Tim Geithner's Legacy of Shame (tags)
grand theft
Bailout Fraud and Unaccountability (tags)
fraud
Selling Out America to Wall Street (tags)
pillaging American wealth
End the Fed? Or End the Market Economy? (tags)
When Republican Congressman Ron Paul recently introduced legislation to audit the Federal Reserve, diverse sections of the political spectrum applauded. And rightfully so. The Fed’s role in the still-developing bank bailouts is one of utter secrecy; the total cost of which — as estimated by the bailout’s Special Inspector General, Neil Barofsky — could cost taxpayers $23.7 trillion. The fact that legislation needed to be introduced to raise the question of the whereabouts of these funds points to a larger breakdown in U.S. democracy.
How to Lower the U.S. Deficit Without Killing Social Security (tags)
When it was recently announced that the federal deficit was $2 trillion higher than previously estimated, corporate vultures — after years of high-altitude circling — began their descent. The dying entity they’re after is the U.S. social safety net — Social Security, Medicare, etc. Years of waiting have finally paid off; the long awaited pretext for scavenging has arrived in the huge federal deficit.
Dems and Reps Unite for Cuts (tags)
While billionaires get bailed out and the wars in Afghanistan and Iraq continue THE BUDGET CRISIS IS A LIE! THERE IS MONEY THE RICH ARE STEALING IT.