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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

    The "12 Cent" Rule
    Americans' Buffet Mentality:
    "We paid at the door to the health-care feast, so let's consume all we can."

    "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

  • 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

  • No Regrets
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    Ok, What Was It!?

Entries Tagged as 'Banks & Bank Failures'

Another Reason Bankers Love Taxpayers

February 27th, 2010 · No Comments · Big Business

February 27, 2010
Short Post - Quoted from an article written by the U.S. Secretary of Education
Under current law, taxpayers provide as much as $9 billion each year to subsidize guaranteed student loans issued by banks. The banks earn profits on the interest; if students default, taxpayers take the loss, not the banks. In other words, working [...]

[Read more →]

Tags: Banks & Bank Failures·Student Loans

Interesting Headlines of the Day – Wednesday, February 24, 2010

February 24th, 2010 · No Comments · Politics & Politicans

February 24, 2010
The following are a few of today’s headlines that bare acknowledgement and comment.
Wall Street Banks
Health Care Reform
Fired School Teachers
“Read More” for details.

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[Read more →]

Tags: Banks & Bank Failures·Fired School Teachers·Health Care Bill·Health Care Reform·Politics & Politicans·Wall Street·Wall Street Reform

Obama And Banks Square Off

January 19th, 2010 · No Comments · Wall Street

Should banks pay back all the money they’ve gotten from the taxpayers plus a little something extra? Or should they pay back only the TARP funds?

[Read more →]

Tags: Bank Bailouts·Bank Fees·Bank Profits·Banks & Bank Failures·Barack Obama·Returning TARP Funds

Wall Street – Daja Vu All Over Again

January 14th, 2010 · No Comments · Wall Street

Recovery is going to be substantially set back by the same people with the same greed that brought us to this point.

[Read more →]

Tags: Banks & Bank Failures·Economy·Financial Crisis·Recessions & Depressions·Wall Street

What “Punishment” For Attorney General Holder?

January 10th, 2010 · No Comments · Wall Street

Just how big will the attack against Eric Holder be for his efforts to punish those Wall Street bankers who deliberately led us into chaos?

[Read more →]

Tags: Banks & Bank Failures·Eric Holder·Financial Crisis·Wall Street

Fire Your Bank

January 10th, 2010 · No Comments · Big Business

Money earned from ordinary citizens from checking and savings accounts is minimal compared to what these mega-banks earn overall, but the action could have other positive implications.

[Read more →]

Tags: Arianna Huffington·Banks & Bank Failures

Very Scary Stuff, Indeed

January 5th, 2010 · No Comments · Wall Street

If we want to keep the same mindset we’ve had for three decades now, don’t expect anything to change. Just tell your children and grandchildren that it’s perfectly acceptable to pay a large part of their income in taxes so Wall Street and the fat cats can live the reckless good life. Amen!

[Read more →]

Tags: Bank Bailouts·Banks & Bank Failures·Financial Bailout·Financial Crisis·Regulatory Reform·Wall Street

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

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