Category Archives: finance

WHAT CRISIS? JUST PRINT MORE MONEY

No, The United States Will Not Go Into A Debt Crisis, Not Now, Not Ever By Pascal-Emmanuel Gobry/ Forbes/ October 19, 2012 (If you read the headline and thought “Well, yeah”–feel free to skip this post.) If there’s one article … Continue reading

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Bygone Era

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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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Chutzpah Squared (Satire)

A LETTER FROM A.I.G. By Andy Borowitz/ The New Yorker/ January 8, 2013 NEW YORK (The Borowitz Report) – Today, American International Group (A.I.G.) issued the following letter to American taxpayers.Dear American Taxpayers:In 2008, you paid for a bailout of A.I.G. … Continue reading

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Before We Cut Social Security and Medicare…….

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OVER THE CLIFF AND INTO THE TRENCHES

The Ongoing War: After the Battle Over the Cliff, the Battle Over the Debt Ceiling By Robert Reich/ robertreich.org/ January 1, 2013 “It’s not all I would have liked,” says Republican Senator Lindsey Graham of South Carolina, speaking of the … Continue reading

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Rich Americans Need Your Help

Special Guest Blog/ Exclusive to The Big Picture Report A Plea For Your Help, From People for the Ethical Treatment of Rich Americans by List of X/ December 30, 2012   Every day, the nation is creeping closer and closer toward … Continue reading

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Ruling Class Flow Chart

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

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Crazy, Nuts, and Role Models

source unknown

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Higher Priority Than Deficits: Jobs, Programs, Investments

UNDERSTANDING THE FISCAL CLIFF (IN 2 MINUTES 30 SECONDS) By Robert Reich/robertreich.org/ December 3, 2012 Democrats, here are eight principles to guide you in the coming showdown over the fiscal cliff: ONE: HOLD YOUR GROUND. The wealthy have to pay … Continue reading

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