Tag Archives: socialism for the rich

92% of Bank Managers From 10 Years Ago Still Run the Same Companies

If your company needed a bailout for your management mistakes, you would probably be fired. Our financial oligarchs are all still there, making the same mistakes as before. This is a fucking large failure of political economy.

Posted in Business, economy, Government, Wall Street | Tagged , | Leave a comment

Where Is the Mortgage Bailout? If Only the Banks Needed It

It recently came to light that the Federal Reserve gave secret loans of more than $1.2 trillion to more than 300 financial institutions to keep them from collapse. Add on another $700 billion from TARP, and that was $2 trillion … Continue reading

Posted in Corruption, economy, Government, Justice, Politics, Uncategorized, Wall Street | Tagged , , , , , , , | 1 Comment