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Category Archives: economy
Permanent Get Out of Jail Card
BPR Quote of the Day: Senator Warren is referring to the bank officials at HSBC who helped launder hundreds of millions of dollars to Mexican drug cartels and terrorist groups.
Posted in drugs, economy, finance, government, inequality, Justice, law, Quotations
Tagged drug cartels, Elizabeth Warren, HSBC, money laundering, The Other 98%
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Wall Street Giants
Eric Holder Admits Some Banks Are Just Too Big To Prosecute By Mark Gongloff/ Huffington Post/ March 6, 2013 When the Attorney General of the United States admits some banks are simply too big to prosecute, it might be time … Continue reading
WEALTH INEQUALITY: IT’S WORSE THAN YOU THINK
Posted in Economics, economy, inequality
Tagged Politizane, Wealth Inequality in America, youtube
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Ultimate Proof That Corporations Aren’t People
Here’s a second story by Matt Taibbi that should boggle everyone’s mind. If you were caught working with Mexican drug cartels and organizations linked to al-Qaeda, Iran, North Korea, etc, in the “largest drug-and terrorism money-laundering case ever,” you would … Continue reading
Posted in crime, drugs, Economics, economy, finance, government, Justice, law, scandals, Wall Street
Tagged Al Rajhi bank, drug cartels, Drug laundering, HSBC, Lanny Breuer, Matt Taibbi, Rolling Stone, Saudi Arabia, Too Big Too Jail
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First, the Bad News……
BPR Quote of the Day: “So what exactly did the bailout accomplish? It built a banking system that discriminates against community banks, makes Too Big to Fail banks even Too Bigger to Failier, increases risk, discourages sound business lending and … Continue reading
Posted in economy, finance, Quotations, Uncategorized, Wall Street
Tagged bailout, banking system, Matt Taibbi, Rolling Stone, Secrets and Lies of the Bailout
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Iceland Got It Right
From Al Jazeera English: Iceland President Olafur Ragnar Grimsson tells Al Jazeera’s Stephen Cole that Europe should let banks that are ran “irresponsibly” go bankrupt. Speaking at the annual World Economic Forum in Davos, Grimsson also held his country as … Continue reading
It’s the Postal SERVICE, Stupid
By Arlen Grossman/ The Big Picture Report It’s called the U.S. Postal Service because it’s a service, not a corporation. Who decided the Postal Service must be profitable? Do other government agencies, like the Defense Department, the V.A., and the Department … Continue reading
