On the one hand this is already well-know, depressing, and frustrating that the response of professional prosecutors is a shoulder-shrug
|By: Attaturk Thursday December 6, 2012 1:30 am|
Love means never having to say you’re sorry…as long as you love money.
|By: Attaturk Friday November 30, 2012 1:30 am|
And we peons are not going to be allowed to peak behind the curtain to discover how the world banking system helped take down the global economy.
|By: Peterr Saturday November 3, 2012 9:00 am|
The latest jobs report is out, painting a picture of an economy slowly climbing out of a major crater. As the Financial Crisis Inquiry Commission said right at the top of their final report, things did not have to be this way. This was an avoidable crisis, and it was exacerbated by risky and illegal business practices, regulatory failures, and systemic problems related to oversight and accountability.
While the top race on next Tuesday’s ballot will surely affect how things move forward next year, it’s the lower level races that have the potential for really moving things in a new direction in DC. There’s a big crater that still needs to be filled, and getting local officials in office who are willing to scream for accountability, for regulation, and for good government that addresses the needs of the people is probably the most direct way I can help.
|By: Scarecrow Tuesday July 17, 2012 7:33 am|
Mark Zuckerberg, the kid who made himself a billionaire by combining the internet with the well-known human traits of loneliness, voyeurism and exhibitionism has now wisely used his fabulous wealth to cut down on his mortgage payments. He’s managed to cut the interest rate on his multimillion dollar home mortgage to just a few ticks above 1 percent.
|By: Gar Alperovitz Saturday June 23, 2012 7:00 pm|
The recent Public Banking conference held in Philadelphia offered a message that is at once so simple – but also so bold – it is hard for most Americans to pause long enough to understand how profoundly their thinking had been corralled by the masters of finance – in ways far, far, far more insidious and powerful than even the latest financial crisis suggests.
To understand what has happened, however, you first have to take a minute to shake a few cobwebs out of your brain about “money” – and how it is created and by whom and for whose benefit.
|By: Attaturk Wednesday June 13, 2012 1:30 am|
Thank goodness. Yesterday I wrote about how efforts at bailing out Spanish banks were depressing investors because the wealthy just weren’t given enough money.
But then the markets went up, way up.
|By: cocktailhag Thursday May 31, 2012 8:00 pm|
By any objective measure, Republican dominance in either state or local government ends in failure. Deficits, cronyism, declining services and economic malaise are always the result, conveniently leaving in their wake increased public cynicism about the value of government at all. But that leaves out the curious paradox that it precisely when government is so thoroughly trashed, rich people are more eager than ever to buy it. Why? For the same reason they love to buy “troubled” companies and fixer-uppers; somewhere, someone has left money on the table, and they’ve got to get their paws on it.
|By: cocktailhag Thursday May 3, 2012 8:00 pm|
As I watch President Obama and his minions mercilessly tout his genius and bravery as a “War President,” presumably to attract “swing” voters, my only consolation is that I can now delete his incessant money-grubbing emails without a trace of guilt. Actually, it’s become a pleasure to do so, and it saves money, too. Never mind the creepy grave-dancing involved; the most galling part is how easily he slipped into this role, even resorting to tinny Bushisms about Bin Laden being “brought to justice.”