Democrats want to take all our money and return to us one dime out of each dollar.
Republicans want to take all our money and give it to corporations and the wealthy.
Neither is acceptable!
Campaign 2010
Countdown to Congressional Elections
The most effective way to restrict democracy is to transfer decision-making from the public arena to unaccountable institutions: kings and princes, priestly castes, military juntas, party dictatorships, or modern corporations.
Noam Chomsky, M.I.T. emeritus Professor of Linguistics
Why does the bailout of General Motors continue to produce such discourse when the AIG bailout, at more than 3-times the money, is seldom mentioned? [...]
These guarantees by the FDIC, using taxpayer money, seems to be a subject that everyone wants running under the radar. The only money regularly talked about is the TARP money, and how Citigroup is “paying-it-back”! [...]
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. [...]
Now here’s a question to ponder — Is the FDIC’s “cash” reserves really down to only $10 billion? Or is it much, much more? Could it possibly be that a trillion or so has been set aside to cover guarantees the FDIC made to investors who invested in banks? [...]
David Cho, Steven Mufson and Tomoeh Murakami Tse co-wrote an article for The Washington Post about how many Wall Street firms are now moving to Washington. The reason is because Washington, for the first time in our history, has become a huge player in the financial world. The article is of great interest, not just because of its story, but because of the many important points made in it. Normally I would simply post this in my “Important Links” section, but I felt a need to post this with a few of the points I found of interest.
If H.R. 1207 was in place today, we would know how much money is being handed over to Wall Street through the back door. That would put an end to this con game being pulled on us. [...]