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»♠♠ "On The Air" Since 2007 ♠♠«
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  • Today’s Capitalist

    "The government has all the responsibility — but no authority over us or claims on our profits."

  • 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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  • Who Are These 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 'AIG'

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

Treasury Secretary Geithner Exposed – Again

January 8th, 2010 · No Comments · Treasury Secretary

Geithner is a Wall Street man and will always be a Wall Street man. He’s been under suspicion by the public since he was given the job by Obama. His approval rating was down to 18 percent back in early December 2009.

[Read more →]

Tags: AIG·TARP·Tim Geithner

Show Me The (Bonus) Money

January 4th, 2010 · No Comments · Financial Bailout

January 4, 2010
Remember when all the Wall Street supporters were bragging about how AIG was going to give back a big chunk of those taxpayer funded bonuses AIG had earlier handed out? Remember how AIG CEO Edward Liddy got a lot of PR time by announcing his intentions? Well, not so fast. Liddy is gone and [...]

[Read more →]

Tags: AIG·Wall Street Bonuses

AIG Has “Slashed US Debt”? Not Hardly!

December 2nd, 2009 · No Comments · Wall Street

So now that AIG has exchanged roughly $17 billion in debt for what could amount to worthless stock, they want to proclaim they’ve “reduced their debt by half”?

[Read more →]

Tags: AIG·Financial Bailout

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

Random Thoughts on Other Notable Headlines of the Day — Issue XXXIX

August 20th, 2009 · No Comments · Wall Street

Insurance policies to cover lost investments? “Easy to avoid” bank fees. Heath “System” Reform? New derivatives regulations that do nothing? Man, are we making progress or what!?

[Read more →]

Tags: AIG·Barack Obama·Bernie Madoff·Credit Card Bill·Credit Card Companies·David Ignatius·Gary Gensler·Health Care Reform·Wall Street·William F. Hederman

Random Thoughts on Other Notable Headlines of the Day — Issue XXXVIII

August 11th, 2009 · No Comments · Wall Street

Rachel Beck of The Associated Press is saying the same; “[SEC] is like a traffic cop ticketing a speeding care instead of its driver”. She quotes Thomas Gorman of Porter Wright Morris & Arthur as saying “if the SEC really wants to regain its title of top cop, then it will have to prosecute individuals involved. Big fines [to companies] won’t stop bad behavior”.

[Read more →]

Tags: AIG·Bank Fines·Bank of America·Banks & Bank Failures·Barack Obama·Hank Greenberg·James Gilleran·Jed S. Rakoff·Rachel Beck·Regulation & Deregulation·SEC·Thomas Gorman·Tim Geithner·Wall Street

Goldman Sachs — Our Shadow Government?

July 16th, 2009 · No Comments · Wall Street

There are two reasons the name “Government Sachs” wasn’t publically exploited the way “Government Motors” has been. First, bailing out General Motors meant saving hundreds of thousands of blue collar and other common peoples jobs. Bailing out Goldman Sachs was saving a few thousand millionaires and billionaires, and that effort shall not be tainted.

[Read more →]

Tags: AIG·Bank Bailouts·Bill Clinton·Darrell Issa·Financial Bailout·Goldman Sachs·Government·Government Sachs·Henry Paulson·News Media·Politically Biased News·Robert Rubin·Robert Scheer·Stephen Friedman·Wall Street

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