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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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    Corporate Bill of Rights
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  • Interesting Links

    • Change in National Debt by President
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    • Who Voted Against the Fiscal Task Force
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  • 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
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    • The Small-Business Myth
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Entries Tagged as 'Regulation & Deregulation'

Federal Reserve Was Sub-Prime Lenders Guardian Angel

September 27th, 2009 · No Comments · Wall Street

Even today the Federal Reserve is doing everything in its power to protect the financial institutions, including handing out trillions of dollars to keep the afloat.

[Read more →]

Tags: Federal Reserve·Regulation & Deregulation·Regulatory Reform·Subprime Lending

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

They’re Calling It “Regulation Revolution”

July 15th, 2009 · No Comments · Wall Street

Citizens Regulation Revolution – Something that did not happen, but should have. So we loose, they win. We sacrifice, they don’t. We pay the cost, they enjoy the profits. Let the good times roll! Happy days are here (for them) again.

[Read more →]

Tags: Ben Bernanke·CNBC·Democrats Regulatory Reform Plan·Henry Paulson·Regulation & Deregulation·Regulatory Reform·Wall Street

Obama Regulatory Reform Review

June 17th, 2009 · No Comments · Wall Street

The defenders of the upward flow of wealth and ideological enemies are going to spin this plan to it’s maximum. As in the past, they will resort to literal lies in order to get you to believe them. They will have many selfish reasons for doing so. I strongly encourage you not to takes these people at their word simply because they advocate your political ideology.

[Read more →]

Tags: Democrats Regulatory Reform Plan·Regulation & Deregulation·Regulatory Reform·Wall Street

GOP Plans To “Block” Democrats Regulatory Reform Ideas

June 5th, 2009 · No Comments · Republicans

No matter what kind of regulatory agency or agencies are formed, Wall Street is going to do their dead-level best and spend as much OPM (other people’s money) to find a way around any and all regulations and/or regulatory agency(s).

[Read more →]

Tags: Politics & Politicans·Regulation & Deregulation·Regulatory Reform·Republicans

Another Case Of Purchasing Federal Laws

May 23rd, 2009 · 1 Comment · Republicans

Financial institutes simply changed their overseer when they felt threatened by their current regulator. Now here we go again setting up another system to go in the direction of the financial institutions.

[Read more →]

Tags: Government·Insurance Companies·Politics & Politicans·Regulation & Deregulation·Regulators

The Fight Over (Re) Distribution Of Wealth

March 10th, 2009 · No Comments · The President

Those that are benefitting from the current direction of money flow are saying the Obama administration is turning us toward socialism. Harold Meyerson for the Washington Post successfully points out that Obama is no socialist. The old (non)reliable standby claim that says ‘if we allow the rich to get richer, the poor will benefit’ just doesn’t fool people any more. As has been pointed out by several respected people, if that worked the Republicans would still be in power, they wouldn’t have the black eye they have now, and the depression (?) we are in wouldn’t be upon us.

[Read more →]

Tags: Barack Obama·Democrats·Distribution of Wealth·Recessions & Depressions·Regulation & Deregulation·Republicans·Stimulus Bill

Why We Must Regulate And Enforce

February 25th, 2009 · No Comments · Wall Street

Those that have witnessed the result of the past decade or so and still lobby for little or no regulation is either living in a self-induced coma or in complete denial. Our corporate executives have proven beyond a shadow of a doubt they will not control themselves, left to their own vices.

[Read more →]

Tags: Banks & Bank Failures·Big Business·Financial Bailout·Financial Crisis·Government·Greed & Corruption·Pay Packages & Bonuses·Regulation & Deregulation·Wall Street

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