Nannies for GM. . . and Wall Street
Attempting to prevent another financial mishap, the Fed has applied pressure on institutions to reform their bonus incentives.
Politics Blog
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Wall Street
Under Obama, Wall Street thrives, Main Street dives
Since Obama entered office, househol income has dropped $4,019 – down $2,544 since the recession ended.
How Wall Street robbed Main Street
If you were wondering just how Wall Street makes the big profits, a little noticed prosecution of a few minor league Wall Streeters just revealed one big ugly secret. Wall Street literally stole money from you: The defendants in the case – Dominick Carollo, Steven Goldberg and Peter Grimm – worked for GE Capital, the … Continue Reading →
No trust in too big to fail banks
If you need proof that privatizing Social Security and throwing senior citizens to the wolves of Wall Street would be a huge mistake, look no further than JP Morgan’s $2 billion loss disaster yesterday. JP Morgan was supposed to be the smart player. The responsible one who didn’t get caught in the 2008 meltdown and … Continue Reading →
Why you're paying more for gas - Part Two
Now that I’ve covered what doesn’t affect the price of gas, let’s look at what really could be affecting gas pricing. We know it’s not demand. It’s been established demand is down in the U.S. and while global demand is rising over the long term, the stalled economies in Europe and China’s quickly slowing growth … Continue Reading →
Building the case against Romney ...
… and it ain’t even close to November! Since the nomination of Mitt is inevitable (no dis to the other three), the Democratic strategists are enjoying the construction of quite possibly one of the simplest political game plans in history. I envy those folks at the DNC. I really, really do. Their job will … Continue Reading →