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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

    The "12 Cent" Rule
    Americans' Buffet Mentality:
    "We paid at the door to the health-care feast, so let's consume all we can."

    "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

  • 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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  • United States of Corporations

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    Corporate Bill of Rights
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  • Interesting Links

    • Change in National Debt by President
    • Financial Bailout List
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    • Who Voted Against the Fiscal Task Force
    • Who's Paying to Kill Health Care Reform

  • Price Bloated 30% by Speculators
  • Politically Driven Stuff

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    • Proponents of Estate Tax Repeal Are Resurrecting Old Misconceptions
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    • Tax Competition: Why It Is Not a Good Thing
    • The End of Supply Side Economics
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    • The Small-Business Myth
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    • Cynical Synapse
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Entries Tagged as 'TARP'

Treasury Secretary Geithner Exposed – Again

January 8th, 2010 · No Comments · Treasury Secretary

Geithner is a Wall Street man and will always be a Wall Street man. He’s been under suspicion by the public since he was given the job by Obama. His approval rating was down to 18 percent back in early December 2009.

[Read more →]

Tags: AIG·TARP·Tim Geithner

Citigroup’s $300 Billion Taxpayer-Guaranteed Loans – Videos

December 14th, 2009 · No Comments · Wall Street

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”!

[Read more →]

Tags: Citigroup·FDIC·Sheila Bair·TARP·Wall Street Bonuses

“Buying Off” Bankers To Loan Taxpayer Money

December 11th, 2009 · 1 Comment · Wall Street

Bankers must be “bought off” to lend taxpayer-provided money to small businesses. Interest earned off “free money” is no longer sufficient reward for them.

[Read more →]

Tags: Bank Loans·Camden Fine·Small Businesses·TARP·Unemployment

Say Good-By To Your TARP Tax Dollars

October 31st, 2009 · No Comments · Treasury Secretary

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.

[Read more →]

Tags: AIG·Department of the Treasury·FDIC·General Motors·Neil Barofsky·TARP·Tim Geithner

How The Media And Bankers Are Conning Us

September 15th, 2009 · No Comments · Wall Street

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.

[Read more →]

Tags: FDIC·Federal Reserve·News Media·TARP·Wall Street

Bailout — Auto Industry versus Wall Street

July 28th, 2009 · 2 Comments · Wall Street

Since the repayment of the TARP funds by many of the big banks, the news media, Wall Street, and indeed Main Street seem to pretend those banks no longer hold any taxpayer money. The focus is on the money the auto industry owes us, although only 4.1 percent of our spent money has been on that industry.

[Read more →]

Tags: Auto Industry·Chrysler Corporation·Financial Bailout·General Motors·Goldman Sachs·Morgan Stanley·News Media·Pay Packages & Bonuses·TARP·Wall Street

Is This Supposed To Come As A Shock?

July 21st, 2009 · No Comments · Wall Street

If anyone is surprised at this, then they have been letting other people do their thinking for them (politicians and news media). The banks (and those that handed our money over) knew what they were going to do with the money as soon as they got their hands on it. Free money is always spent selfishly.

[Read more →]

Tags: Bank Bailouts·Banks & Bank Failures·Financial Bailout·Financial Crisis·Greed & Corruption·Neil Barofsky·TARP·Wall Street

Goldman Sachs “Profits”

July 16th, 2009 · No Comments · Wall Street

I reported here, here, and here that Goldman Sachs, as well as the other TARP recipients, couldn’t have paid back a single dime of the TARP money without the back door money Federal Reserve Chairman Ben Bernanke was handing out to them and the Federal Depositors Insurance Corporation was spotting them in guarantee’s for loans they got from other places.

[Read more →]

Tags: Ben Bernanke·FDIC·Federal Reserve·Goldman Sachs·Henry Paulson·Matt Taibbi·TARP·Wall Street

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