Just so that I’m clear on this… Our government leaders had very few qualms about handing off $700B to Wall Street and the financial institutions, and passed that level of funding in not time at all. Few stipulations were set into place, even. And that money came from the taxpayers (or will!), a decision that [...]
In what is clearly becoming more of the same old song and dance from Washington D.C., early morning television shows across the nation excitedly announced that the White House had forced GM CEO, Rick Wagoner, to resign from his position at the head of one of the financially troubled Big Three U.S. automakers. What would [...]
Democracy is defined as “a government by the people, for the people.” But given the events of late, it may be necessary to take a sobering, candid look at things and see whether that’s really the case any longer. By now, “AIG” has become a household word associated with greed and delusions of entitlement. Public [...]
By the time you find this, you probably will have already unwrapped those gifts you bought this year as part of your Christmas celebration, taking advantage of low prices and enticing deals, all the while obeying the mantra to keep the economy going by doing your part: buy, buy, buy, consume, consume, consume. In a [...]
Newspapers across America yesterday published the latest news on the financial world. Citigroup, another financial corporation deemed “too big to fail” by the federal government, was promised $20 billion of our tax dollars while at the same time guaranteeing access to hundreds of billions of our tax dollars in the event of potential (some say [...]
