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.

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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

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WEALTH INEQUALITY: IT’S WORSE THAN YOU THINK

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What’s the Problem?

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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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It’s Time to Choose: Democracy or Plutocracy?

By Arlen Grossman/ The Big Picture Report The ease with which Harry Reid capitulated to Mitch McConnell on filibuster reform has me worried about a lot of things concerning the Democratic Party, in particular the elections in 2014 and beyond. … Continue reading

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…And Rent Is $2

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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

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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

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