Is There a Democratic Party Ideology?

By: Sunday January 29, 2012 10:40 am

Politicians and pundits blather about ideological divides. How can that be when the Democrats have no ideology, unless you count “We suck less”.


The Profits on the Secret $7.7 Trillion Loans to TBTF Banks

By: Sunday December 4, 2011 8:35 am

If the money had been flowing in the other direction, we might be calling it a bribe or at least wondering about money laundering. Imagine if a businessman or banker knew that a government official had an opportunity to loan money out at 5% and made a no interest loan to said government official of $1 million, would we not be VERY SUSPICIOUS of that $50K profit made by the government official?

Explosive Bloomberg Report Details Fed’s Monster Bank Bailouts: $7.77 Trillion

By: Monday November 28, 2011 7:00 am

A report by Bloomberg reveals that the Federal Reserve under Ben Bernanke and Tim Geithner (at the New York Fed) secretly loaned over seven trillions dollars to arguably insolvent banks and financial institutions to keep them afloat, while concealing the scope of the lending from Congress and even member of the Treasury Department charged with allocating TARP bailouts.

Wisconsin and the Case of the Dogs That Didn’t Bark

By: Wednesday August 10, 2011 5:59 pm

I believe that what the folks on the front line in Wisconsin needed most was a united national movement amplifying their grievances and demands. They needed a strong national voice framing a very different, more supportive message than the one they’ve been getting from their President and national Democratic leaders. What they got instead can only have hurt Wisconsin’s efforts.

The consistent message from the national Democratic party and President Obama is that “this is the era of austerity.”

Why Aren’t Geithner And Holder Acting On Failure To File Suspicious Activity Reports On Mortgage Fraud?

By: Saturday February 5, 2011 11:50 am

The Final Report of the Financial Crisis Inquiry Commission talks about Suspicious Activity Reports, but doesn’t connect the dots. Neither did FinCEN, the federal agency responsible for handling them, or Timothy Geithner, who is in charge of FinCEN, or Eric Holder, the AG, charged with prosecuting mortgage fraud and failure to file SARS, among other things.

Obama to Help Corporations with Their Complaints About Taxes

By: Sunday January 16, 2011 10:30 am

President Obama believes in cooperation with Republicans, revenue-neutral corporate tax revisions, letting corporatist Tim Geithner negotiate with business executives and the tooth fairy.

The Opposite of Leadership: President Obama’s Tax Cut for the Rich

By: Friday December 3, 2010 2:00 pm

President Obama has damaged America by compromising on issues of principle with the unprincipled Republicans.

The Foreclosure Crisis Spells Disaster For The Economy

By: Sunday November 14, 2010 10:30 am

The housing crisis isn’t going away. The economy is.

When Do Consumers Get Their Bailout Money Back ?

By: Friday May 14, 2010 12:45 pm

Banks have repaid the government loans under TARP. When will they repay the trillions consumers lost?

Bill Black Testimony on Lehman Bankruptcy – Transcript and Video

By: Tuesday April 20, 2010 2:59 pm

FDL Contributor Bill Black scorched everyone with his testimony on the failure of Lehman Brothers when he testified before the House Financial Services Committee today.

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