Why Don’t All Major Unions Own Banks?

By: Saturday March 12, 2011 12:30 pm

As our broken political system slowly turns into a plutocracy where political power flows from the few extremely wealthy individuals and corporations, regular workers united for collective bargaining on wages is no longer good enough. Labor unions should strive to be a force for fully unifying regular people’s collective political and, more importantly, financial power.

 

With Need to Limit Liability, BP Hires Goldman Sachs

By: Tuesday June 15, 2010 9:30 am

Slipped into this Reuters piece is the news that BP has hired Goldman Sachs as “advisers” for unknown purposes, in addition to Pete Peterson’s Blackstone Group and Credit Suisse Group. It’s funny because if the Vampire Squid lived in the Gulf of Mexico, it’d be choking to death on BP’s oil. Assuming, of course, it doesn’t actually thrive on crude oil.

Lloyd Blankfein Auditions for Open Mic Night

By: Sunday April 25, 2010 5:00 pm

Well, well, well. It seems that Lloyd Blankfein and the folks at the Vampire Squid think Sen Levin and the staff of the Senate Permanent Subcommittee on Investigations “cherry-picked” the emails that were released yesterday. From today’s New York Times: In the messages, Lloyd C. Blankfein, the bank’s chief executive, acknowledged in November 2007 that [...]

Bouncing the Rubble: Biden and Rubin Star at Hamilton Project Relaunch

By: Saturday April 24, 2010 7:00 pm

If there’s a social program left standing in the moonscape Obama’s Hamilton Project masters inflicted on America, Greenstone and the Project are there to ensure Obama nukes it. If someone you care deeply about depends on Social Security – or will depend on Social Security – call them up today and tell them you love them. Because Team Obama has targeted Social Security…and your loved ones are just the MOTU’s version of collateral damage. Deaths you can believe in, right?

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