Category Archives: Wall Street

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

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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

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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

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MOVE ON, NOTHING TO PROSECUTE HERE

The Untouchables: How the Obama administration protected Wall Street from prosecutions A new PBS Frontline report examines a profound failure of justice that should be causing serious social unrest By Glenn Greenwald/ The Guardian/ January 23, 2013       … Continue reading

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Perpetual Ponzi Scheme

SECRETS AND LIES OF THE BAILOUT The federal rescue of Wall Street didn’t fix the economy – it created a permanent bailout state based on a Ponzi-like confidence scheme. And the worst may be yet to come By Matt Taibbi/ … Continue reading

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Has Washington Souled Out?

THE SOUL OF AMERICA By Bernie Sanders/ Huffington Post/ January 9, 2013 Despite such terminology as “fiscal cliff” and “debt ceiling,” the great debate taking place in Washington now has relatively little to do with financial issues. It is all … Continue reading

Posted in Democratic Party, Economics, economy, employment, government, inequality, labor, philosophy, politics, poverty, Republican Party, taxes, trade, Wall Street | Tagged , , , , , | 2 Comments

Ruling Class Flow Chart

This Chart Succinctly Sums Up How Our Political/Economic System Works: Source Unknown

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WHAT WE SHOULD LEARN FROM ICELAND

Iceland’s Hörður Torfason – How to Beat the Banksters By Alex Pietrowski/ Waking Times/December 11, 2012 The tiny Nordic European island country of iceland is presently experiencing one of the greatest economic comebacks of all time.  After the privatization of … Continue reading

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Tax the Rich

An animated video, narrated by Ed Asner, from the California Federation of Teachers

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WE’VE REACHED STAGE 4, AND IT’S TERMINAL

How America Is Turning into a 3rd World Nation in 4 Easy Steps It starts with destroying our manufacturing base. By Thom Hartmann/Alternet/ November 10, 2012 New reports that Taiwanese transnational manufacturing corporation Foxconn may be opening up some plants … Continue reading

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