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  • Today’s Capitalist

    "The government has all the responsibility — but no authority over us or claims on our profits."
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  • What’s New This Week

    Karl Rove's Book of Lies

    "Efficient market theory dominated economic thinking from the days of Ronald Reagan to the collapse of 2008. It was the rationale for deregulation, the cause of a massive transfer of wealth and income from the middle class to a tiny number of the very rich. Now it is dead and gone but Republican politicians won’t let go, and many in the media show no understanding of the issue."
    Republicans Are Locked in a Passionate Embrace with a Corpse and Won't Let Go

    "Reconciliation is not being considered for [Senate] passing comprehensive health-care reform. Major health-care reform legislation passed the Senate without reconciliation on Christmas Eve ."
    The Role for Reconciliation

  • National Debt Clock

    WHEN Did You Become Fiscally Responsible?
    BEFORE Obama or AFTER Obama??
    January 20, 2009
    $10,838,758,414,164.46
    Discretionary Spending @ 48.6%

    January 20, 2001
    $5,719,124,940,098.04
    January 20, 1993
    $4,192,107,025,882.17
    January 20, 1989
    $2,601,104,000,000.00
    January 20, 1981
    $909,041,000.000.00

    Debt by President


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    Are You A Tea Party Hyprocrite??

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  • Destroyers of the Republican Party

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  • Do You Know Their Names
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  • United States of Corporations

    Thanks to the GOP's Supreme Court
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    Corporate Bill of Rights
  • Democratic Party Traitors

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  • Interesting Links

    • Change in National Debt by President
    • Financial Bailout List
    • Historical Federal Debt
    • The 2003 Prescription Drug Bill
    • The Corporate Bill of Rights
    • Who Voted Against the Fiscal Task Force
    • Who's Paying to Kill Health Care Reform

  • Price Bloated 30% by Speculators
  • Politically Driven Stuff

    • Building a Better Capitalism
    • Democrats for Rich Heirs?
    • Proponents of Estate Tax Repeal Are Resurrecting Old Misconceptions
    • Stephen Moore Misled on Wealthy Americans’ Tax Burden
    • Tax Competition: Why It Is Not a Good Thing
    • The End of Supply Side Economics
    • The Great Wealth Transfer
    • The Richer
    • The Small-Business Myth
  • My Favorite Sites

    • A Taxing Matter – About Taxes & Tax Laws
    • Angry Bear
    • Center on Budget & Policy Priorities
    • Cynical Synapse
    • Neiman Watchdog – Questions the Press Should Ask
    • Start Making Sense
    • Understanding Tax

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Entries Tagged as 'Federal Reserve'

Bernanke’s Change Of Heart

January 20th, 2010 · No Comments · Government

Why has Bernanke changed his mind on letting the GAO audit AIG books?

[Read more →]

Tags: AIG·Audits·Ben Bernanke·Federal Reserve

Is A “Profit” Always A Profit?

January 14th, 2010 · No Comments · Government

According to this article the Feds earned $45 billion in 2009. But although Bernanke refuses to divulge to the public how much money he’s “loaned” out, it is certainly in the trillions.

[Read more →]

Tags: Bank Profits·Ben Bernanke·Federal Reserve

Politicizing The Federal Reserve? No, That Isn’t Why!

December 15th, 2009 · No Comments · Politics & Politicans

About 300 other legislators are now joining Independent Rep. Ron Paul on his call to make the Federal Reserve more transparent.

[Read more →]

Tags: CNBC·Federal Reserve·HR 1207·Judd Gregg·Ron Paul

Wall Street Perfecting Slight-of-Hand

December 2nd, 2009 · No Comments · Wall Street

The jockeying by Wall Street to avoid regulation and control, their efforts to re-write financial crisis history, and continue with business as usual, has gone pretty much unnoticed.

[Read more →]

Tags: Bank Bailouts·Banking Regulation·Banks & Bank Failures·Bernie Madoff·Financial Bailout·Financial Crisis·Lloyd Blankfein·Tim Geithner

Say Good-By To Your TARP Tax Dollars

October 31st, 2009 · No Comments · Treasury Secretary

Say good by to not only your TARP funds (and your Treasury and FDIC backdoor funds), but say good by to the money you’re allowed to temporarily keep in your pocket.

[Read more →]

Tags: AIG·Department of the Treasury·FDIC·General Motors·Neil Barofsky·TARP·Tim Geithner

Bernanke In Front of Finance Services Committee And Ken Lewis Resigns From BofA

October 1st, 2009 · No Comments · Politics & Politicans

Michele Bachmann and Ken Lewis, miles apart in the intelligence arena, have their day.

[Read more →]

Tags: Ben Bernanke·Financial Services Committee·Ken Lewis·Michele Bachmann

Federal Reserve Was Sub-Prime Lenders Guardian Angel

September 27th, 2009 · No Comments · Wall Street

Even today the Federal Reserve is doing everything in its power to protect the financial institutions, including handing out trillions of dollars to keep the afloat.

[Read more →]

Tags: Federal Reserve·Regulation & Deregulation·Regulatory Reform·Subprime Lending

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