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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

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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 'Financial Crisis'

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

Economic Assertions Vs. Reality

January 6th, 2010 · No Comments · Wall Street

Udall and Beale both are telling us that corporations and powerful people define their goals, then develop (or modify), implement and promote a self-serving economic theory that will guide the market to those goals.

[Read more →]

Tags: Economic Theories·Financial Crisis·Wall Street

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

Goldman Sachs “Defines” Core Of Financial Crisis – Video

December 1st, 2009 · No Comments · Wall Street

Our current shadow government, Government Sachs (previously known as Goldman Sachs) has gotten to the “real” cause of last year’s financial crisis. It’s “all about bad lending”; not the market or traders of the market.

[Read more →]

Tags: Banks & Bank Failures·Big Business·Derivatives·Financial Crisis·Goldman Sachs·Government Sachs·Greed & Corruption·Wall Street

Bankers Insisting On No Over-Reaching Regulations

September 24th, 2009 · No Comments · Wall Street

So what’s the best answer for the right mixture of regulations? Pick the ones the bankers scream the loudest about, put them together in one bill and you’ve solved the problem.

[Read more →]

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

The FDIC Is Broke; Busted; Out Of Money!

September 22nd, 2009 · No Comments · SEC

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?

[Read more →]

Tags: Ben Bernanke·Department of the Treasury·FDIC·Federal Reserve·Financial Crisis·Sheila Bair·Tim Geithner

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