Archive for the ‘Economy’ Category
Bailout Business?
Wednesday, November 12th, 2008Author: Ernie Fitzpatrick
Where is it in teh Constitution that it says the role of the Federal government is to bail out business? And when we begin that process and enter the black hole, how low, how deep can we go anyway? At what point does the one who does the bailing out, need bailing out? Is that even a possibility? We have entered unchartered waters and I’m sure we’re going to encounter some “unintended consequences”.
Obama: The Wall Street Regulatory Rules should be Rapid Innovated
Saturday, October 25th, 2008A Contrarian’s View on Wall Street’s New Best Friend
Thursday, October 9th, 2008Remember when Goldman Sachs racked up $10.0 billion in one year and paid out an average of $622,000 to its employees in bonuses? Well, it wasn’t that long ago. It was only 2006.
Last Bank Standing - The Wall Street Mega-Crash
Monday, October 6th, 2008Dateline Washington, October 19th (get it?) 2010: the Peoples Bank & Trust of America has now established itself as the only bank of any kind in the USA, totally owned and managed by the US House of Representatives.
