Until Bankers Go To Jail, I’m Not Paying My Taxes: Splendid Idea, Greg Wise and Emma Thompson

In General Interest by Jonathan Tasini0 Comments

Let me give credit, up front, to a splendid idea from the actors Greg Wise and Emma Thompson that clarified my own outrage at a simple reality: the bankers destroyed the economy with their greed and incompetence, the Obama Administration lets each bank CEO off the hook with a negotiated deal for a fine that the institution, not the banker pays, and with no jail time for a single high-ranking Wall Streeter and WE PAY FOR THIS.

That’s right: each one of us, with our taxes, pays for this sleazy deal with the financial elite.

85 Peoples’ Wealth=Half The World

In General Interest by Jonathan Tasini0 Comments

Not a new idea but worth spotlighting on MLK Day that class warfare is forging ahead. Oxfam, in anticipation of the gathering of the Masters of the Universe at Davos, tells us this nugget: the richest 85 people have the same wealth as 3.5 billion people, half the population of the world.

The Greed Gift That Keeps Giving: CEO Pay Up 16 Percent

In General Interest by Jonathan Tasini0 Comments

So, when I read this shit, I admit to laughing: there is a certain about of humor I find, mixed with the disgust, in the absolute ability of the captains of industry to continue to act like pigs at the trough in the face of all the misery of unemployment, low wages, no pensions and fear still coursing throughout every community. The system of greed, fired up by the great, almighty, “free market”, just soldiers on in another fourth dimension. They just do not care

Pity The Hedge Fund Guy Who Needs Better Digs

In General Interest by Jonathan Tasini0 Comments

For your digestion, or indigestion, another chapter in the astonishing chutzpah and greed. When the rich don’t have enough room or covet something else, they just buy another property for a nice cool $60 million — and, then, they whine about taxes being too high.

Lloyd’s Good Life

In General Interest by Jonathan Tasini0 Comments

Hey, no big deal — you run a company rife with conflicts of interest, you help crater the economy, costing millions of jobs and trillions of dollars in wealth…and you keep racking up more and more money. Life is good for Lloyd Blankfein.

The Fix-The-Debt Gang Is A Gaggle of Thieves

In General Interest by Jonathan Tasini1 Comment

One of the most grating parts about the Fix-The-Debt crowd is their sanctimoniousness — only *they* care about the country and only *they* know the truth and everyone else is an idiot and blind. The truth is this is a gang of phonies — led by the corporate hacks named Bowles and Simpson — who have an ideological hatred of anything that smells of a “social good” and mostly standout for the amount of riches they’ve siphoned off from various companies or investments they’ve tapped into. And here is hard evidence.

Phony Billion-Dollar Suits, Jailing Little Fish: Nothing Changes

In General Interest by Jonathan Tasini1 Comment

So, it’s easy to capture our predicament today–though you’d never get that from the transcribers of press releases (formerly known as “journalists”). Here is is neatly summed up: we’ve been robbed, only little fish are being held accountable for relatively small crimes and, even more to the point, in a political rhetorical world where shareholders are revered, the shareholders are being left to pay the bill.

Sometimes It’s So Obvious You Laugh

In General Interest by Jonathan Tasini0 Comments

Clarity in politics requires that you pay attention. It’s not hard to see the game being played. And it is often so easy — as easy as a campaign contribution — to see the game that you burst out laughing because, well, humor must never be abandoned, even if you see your country being sold off to the highest bidder.

It’s A $10 Trillion Tax Cut, Not $5 Trillion

In General Interest by Jonathan Tasini2 Comments

I guess it’s a function of inflation and/or a numbness to reality but the rhetoric about money isn’t what is used to be. Back in the day, Republican Senator Everett Dirksen (whose name probably means nothing to the shallow commentators who think political history started with Ronald Reagan) is alleged to have said, ” A billion here, a billion there, and pretty soon you’re talking real money”. Dirksen, who served in the 1950s and 1960s (and probably could never win a Republican primary in today’s wing-nut world), would have been a piker by today’s standards of throwing around figures without regard to reality. Which brings me to the Romney lie about taxes–which the president got right, admittedly, in a clumsy way, but most liberal-progressive pundits are getting wrong.

Bank of America’s Execs Get $2 Billion Stay-Out-Of Jail Card

In General Interest by Jonathan Tasini2 Comments

Hey, Bank of America shareholder, how does it feel to have the executives deceive investors (in other words, lie), escape any personal responsibility for the lies, cause huge losses and, then, stick YOU with a bill for over $2 BILLION? Well, probably not a great feeling but, screw you, you are just an investor, not a coddled, overpaid executive who just got handed a stay-out-of-jail card.

Banksters Get Off Again: Citibank Pays Off Crimes, Robert Rubin Skates

In General Interest by Jonathan Tasini

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Wed Aug 29, 2012 at 07:30 PM EDT
Banksters Get Off Again: Citibank Pays Off Crimes, Robert Rubin Skates

by Tasini

Same old story. The crimes of the financial crisis remain, for the most part, unpunished-except if you are a shareholder of a financial institution who is paying the price for the misdeeds and crimes of the greedy, overpaid executives who destroyed the lives of millions of people. Today’s example: Citibank.