In advance of planned hearings this fall, House Financial Services Chairman Spencer Bachus has asked the financial industryto offer suggestions on how they should be regulated. Translated, he’s asking Wall Street banks to write Wall Street reform laws.
As if anyone needs to be reminded, these are the exact same people who [...]
They simply whipped out their checkbooks and purchased a get-out-of-jail-free card. [...]
Oil speculators have been publically ignored for a couple of months now, so in keeping with past strategy, it’s time to start running up oil prices again. [...]
You paid a higher interest rate on every thing you bought on the credit while this was happening, including credit cards. [...]