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 [...]
Entries Tagged as 'Banks & Bank Failures'
Another Reason Bankers Love Taxpayers
February 27th, 2010 · No Comments · Big Business
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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Tags: Banks & Bank Failures·Fired School Teachers·Health Care Bill·Health Care Reform·Politics & Politicans·Wall Street·Wall Street Reform
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.
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?
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.
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!
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.
Tags: Bank Bailouts·Banking Regulation·Banks & Bank Failures·Bernie Madoff·Financial Bailout·Financial Crisis·Lloyd Blankfein·Tim Geithner
