Group Think, Duct Tape and Slam Dunks
The Quiet Coup The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of […]
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 […]
More
::Tullycast:: 