Posted on 14 September 2011. Tags: 2012 Elections, Accountability, Banks, Barack Obama, Congress, Democrats, Eric Schneiderman, Financial Crisis, Mortgages, New York, Thieves Guild, Wall Street
People sometimes repeat certain phrases because they’ve heard them used repeatedly when they actually want to say something else, even if they aren’t conscious. Or, put another way–if you want to know why Democrats lost the special election in New York, I’d argue it has a lot to do with the Obama Administration’s failure […]
Read the full story
Posted in General Interest
Posted on 14 September 2011. Tags: Courage, Eric Schneiderman, Financial Crisis, J.P. Morgan, Michael Powell, Mimi Pierre Johnson, Mortgages, Scams, Tea Party, Thieves Guild
Every day that passes, I get the sense that the people who run the big banks are even more brazen in their view that we, the people of the country, are just sharecroppers on their financial plantations. We work, we give–and they take and take…and, then, when they are done with us, we get […]
Read the full story
Posted in General Interest
Posted on 13 September 2011. Tags: Audacity of Greed, Blackstone, CEOs, Debt, Deficits, Economic Policy, Greed, Honeywell, Howard Schultz, Paul Krugman, Pay, starbucks, Stephen Schartzman, Tax Shelters, Taxes, Thieves Guild, Working Life
I am continuously amazed by the reverence accorded company bosses. Put aside the incompetent ones, who get huge severance packages when they leave, or those who have looted their companies of tens of millions of dollars in pay and benefits, even when the companies lose money or collapse. I’m talking about even the ones […]
Read the full story
Posted in General Interest
Posted on 07 September 2011. Tags: American Express, Barack Obama, Boeing, Corporate Scams, Debt, Deficits, Dow, Greed, New Democratic Network, Pfizer, Reptriation, Shell Corporations, Tax Havens, Taxes, Thieves Guild
So, sometimes, you wade into a fight that just isn’t fair. Here is one of those fights on economic policy–one that boils down to a massive scam on the part of Flagless Corporate-Land aimed at ripping off those of us who still pay taxes. And this is a scam that is being aided and […]
Read the full story
Posted in General Interest
Posted on 03 September 2011. Tags: Banks, CEO Greed, Crime, Financial Crisis, Goldman Sachs, J.P. Morgan, Lloyd Blankfein, Thieves Guild
I get ginned up as much as the next person when I read about any government action against the financial institutions that robbed millions of people of their jobs and retirement–and their dignity and respect. But, in some way, this is a game. Unless the heads of these institutions go to jail, nothing […]
Read the full story
Posted in General Interest
Posted on 01 September 2011. Tags: Bank of America, Eric Schneiderman, mortgage scam, Nevada, New York, Thieves Guild
Not surprisingly, Bank of America–one of the truly despicable actors in the mortgage scandal–has violated a deal it struck with the state of Nevada. And Nevada wants to sue. Here you go: The attorney general of Nevada is accusing Bank of America of repeatedly violating a broad loan modification agreement it struck with state […]
Read the full story
Posted in General Interest