Group Think, Duct Tape and Slam Dunks
Larry Summers, Tim Geithner and Wall Street’s ownership of government Glenn Greenwald- SALON Apr. 04, 2009 | White House officials yesterday released their personal financial disclosure forms, and included in the millions of dollars which top Obama economics adviser Larry Summers made from Wall Street in 2008 is this detail: Lawrence H. Summers, one of […]
MoreThe global economic crisis isn’t about money – it’s about power. How Wall Street insiders are using the bailout to stage a revolution ROLLING STONE | March 19, 2009 The Big Takeover- Matt Taibbi It’s over — we’re officially, royally fucked. No empire can survive being rendered a permanent laughingstock, which is what happened as […]
MoreMcClatchy Washington Bureau Wed, Apr. 01, 2009 Watchdogs: Treasury won’t disclose bank bailout details Chris Adams | McClatchy Newspapers WASHINGTON — The massive programs designed to rescue the nation’s financial sector are operating without adequate oversight, with vague goals and limited disclosure of their details to the taxpayers who are paying for them, government watchdogs […]
MoreCBS NEWS The Federal Government’s flood of red ink hit another high-water mark as the Treasury Department quietly reported today that the National Debt hit $11-trillion for the first time ever. To be exact, the Debt now stands at $11,033,157,578,669.78. Divide it by the U.S. population and it comes up to over $36,000 in debt […]
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