Posted on 14 March 2009. Tags: Alan Greenspan, Bailout, Bank of America, Banks, Bernie Madoff, Citibank, Financial Crisis, Greed, Mortgage, Robert Rubin
Oh, don’t get me wrong–Madoff will, and should, die in prison. But, there is a downside to all this obsession with Bernie Madoff–his crimes are miniscule compared to the legalized robbery that went on in Wall Street and devastated the lives of millions of people. And we can’t let the media circus around Madoff let […]
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Posted in General Interest
Posted on 14 March 2009. Tags: Alan Greenspan, Bailout, Bank of America, Banks, Bernie Madoff, Citibank, Financial Crisis, Greed, Mortgage, Robert Rubin
Oh, don’t get me wrong–Madoff will, and should, die in prison. But, there is a downside to all this obsession with Bernie Madoff–his crimes are miniscule compared to the legalized robbery that went on in Wall Street and devastated the lives of millions of people. And we can’t let the media circus around Madoff let […]
Read the full story
Posted in General Interest
Posted on 19 February 2009. Tags: Bailout, Banks, Depression, Financial Crisis, Mortgage, Stimulus
Today, the president will unveil his proposal to deal with the mortgage/housing crisis. At least from the initial reports, my first take is: it’s not enough. And that seems to be the general problem with the way in which the Administration is handling the economic collapse. Things to consider: 1.4 trillion–that’s TRILLION–in household […]
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Posted in General Interest