Category: Banks
By Ani on Nov 9, 2009 in Bailouts, Bank Bailouts, Barack Obama, Campaign promises, Current Affairs, Democratic Party, Economic Stimulus, Economy, Health Care, Medicare, Obama Administration, Obama's Budget, Pandering, President Barack Obama, Race Card, Rahm Emanuel, Speaker Nancy Pelosi, Universal Health Care | 39 Comments
Just before midnight Saturday, the House rammed through the 2,000 page monstrosity laughingly known as the health care bill. I’d say they did it under cover of night, reneging on a promise of a 72-hour waiting period. Again, who read this thing? How much arm twisting was involved to prevail in this [...]
By Ani on Oct 28, 2009 in Banks, Barack Obama, Current Affairs, DNC, DNC idiocy, Hillary Clinton, President Barack Obama, Sarah Palin | 60 Comments
(Bumped up from earlier today.)
Florida Democratic Congressman Alan Grayson, the man who stood on the floor of the House and said ‘Republicans want you to die’ just got himself into a little tepid water for making saying that:
Linda Robertson, an adviser to Federal Reserve Chairman Ben Bernanke, [is] “a K Street whore.”
Bret Baier [...]
By Rabble Rouser Reverend Amy on Oct 21, 2009 in Bank Bailouts, Bank Failure, Censorship, Chicago politics | 118 Comments
(Bumped up from Wednesday early a.m.)
Nope, I am not talking about Anita Dunn this time. Ron Bloom is the latest Obama Czar (Manufacturing) to quote Mao as an authority. And just wait to see which quote he uses from Mao. Oh, and he disses that whole free market thing, too. See [...]
By Larry Doyle on Oct 16, 2009 in American Consumers, Bailouts, Bank Bailouts, Banks, Economy, Inflation, Sense on Cents (Larry Doyle blog) | 18 Comments
The American public is becoming increasingly wise to the ways of Wall Street and Washington.
Many Americans were duped by financial practices and products emanating from Wall Street. Where was Washington? I would assess Washington’s involvement and responses in the following fashion:
1. At worst, Washington was complicit given a wide array of failed public policy [...]
By Linda Anselmi on Oct 15, 2009 in Banks, Current Affairs, Economy, President Barack Obama | 18 Comments
Almost everyone agrees that our financial system is broken. That our government is complicit in this broken system. That the American economy and the American people are suffering the consequences. And most people would even agree that it will take limits on capitalism and greed to fix it. So why hasn’t [...]
By Ani on Oct 7, 2009 in Arrogance, Bank Bailouts, Barack Obama, Bush administration, Chicago politics, Congress (House & Senate), George Bush, Michelle Obama, Obama, Obama Administration, Obama's Broken Promises, Obama's Budget, Obama's Characteristics, Obama-Barack & President Barack (PARENT CATEGORY FOR ALL OBAMA REFS.!), Obamatopia Mirage, President Barack Obama | 165 Comments
I would like an answer to my question. How can someone be so determined to knock everyone else off the stage that he would spend nearly a billion dollars to do it, and when his waffling and doubling dealing in office don’t yield the desired result, blame President Bush and everyone else under the [...]
By Linda Anselmi on Oct 1, 2009 in Bailouts, Bank Bailouts, Economy, TARP | 4 Comments
Remember last October when Congress approved the Emergency Economic Stabilization Act and confiscated $700 billion of our tax dollars for a financial bailout? Back when many of us first became involuntary investors in Wall Street’s “too big to fail” financial institutions. Well, the Congressional Oversight Panel of the Senate Banking Committee, chaired by [...]
By Rabble Rouser Reverend Amy on Sep 12, 2009 in ABC News, ACORN, Associated Press, Bailouts, Bank Bailouts, CNN, Congress (House & Senate), Current Affairs, Democrats, Don't Ask Don't Tell, Fox News, Media Handling of Story, NBC/MSNBC, New York Times, Obama's Broken Promises, President Barack Obama, Republicans, Secretary of State Hillary Clinton, Soldiers/Veterans, Washington Post | 29 Comments
Yes, it is a Numbers Game today. My blogging buddy, Diamond Tiger at Logistics Monster had this video at her blog today, which I am shamelessly stealing (hey - she’s on HI time - she is up when we East Coasters are dead asleep, even though she is at the March on Washington. [...]
By Ani on Sep 9, 2009 in Arrogance, Bank Bailouts, Bill of Rights, Cult, Hoodwinking, Obama Administration, Obama's Broken Promises, Obama's Media Censorship, President Barack Obama, Unemployment | 141 Comments
Camille Paglia’s article in Salon, Too late for Obama to turn it around? is a scathing assessment which drips disappointment and dare I say it, a sense of betrayal. Most surprising is that eight months after Obama’s inauguration, this accomplished writer has arrived at the same place most of us were 18 months ago [...]
By Larry Doyle on Aug 28, 2009 in American Consumers, Bank Failure, Banking Institutions, Banks, Economy, Sense on Cents (Larry Doyle blog) | 21 Comments
Will the failure of a small bank in a small community truly impact America? Analysts discount the impact that the expected massive number of bank failures will have on the U.S. economy.
Additionally, analysts also discount the fact that the FDIC fund to cover depositors of failed institutions is close to zero. This fund can be [...]
By Larry Johnson on Aug 22, 2009 in Banks, Economic Stimulus, Economy | 33 Comments
(Reprint of original Aug 19th post with updates at the end.)
If you have bought in to the false hope that the economy has hit bottom and has turned a corner then think again. I had a chat this week with a banker friend who works for Wachovia. Wachovia, in case you forgot, was [...]
By Larry Doyle on Aug 21, 2009 in Banks, Citigroup, Credit Card Companies, Economy, Sense on Cents (Larry Doyle blog) | 8 Comments
When a company, which is a ward of the state, increases credit card fees can it be said to be the equivalent of a tax increase? I believe it can. In that vein, Citigroup is raising taxes on its credit cards by initiating annual fees. The Wall Street Journal highlights this development and reports Citigroup [...]
By Linda Anselmi on Aug 18, 2009 in Bank Bailouts, Bank Failure, Economy | 28 Comments
_________
As many recent townhall meetings have shown, the American people are dealing with a few issues of trust in regards to their government. So I thought it might be fun to take a look at two very different videos on Money and what it can do.
By Ani on Aug 10, 2009 in Bank Bailouts, Bush/Cheney, Democratic Party, Health Care, New York Times, Obama Administration, Obama's Broken Promises, President Barack Obama, Republican Party, Tim Geithner, Unitary Executive Powers/Signing Statements, Wall Street | 53 Comments
Normally I would never quote Frank Rich. Endless copy excoriating Hillary Clinton in favor of Barack Obama during the primaries rendered his columns unreadable. Imagine my surprise to see Mr. Rich put down the Kool-Aid jug for a moment in his NY Times offering, Is Obama Punking Us. Let me start by [...]
By Ani on Aug 9, 2009 in Bank Bailouts, Civil Rights, Current Affairs, DNC, David Axelrod, Freedom of Speech, Hillary Clinton, Nancy Pelosi, Obama Administration, Secretary of State Hillary Clinton, Speaker Nancy Pelosi | 293 Comments
(bumped up from Thursday morning)
Yesterday I was appalled to watch the Speaker of the House comment on Press Secretary Robert Gibbs’ assertion that the anger at these town halls over health care reform is “manufactured”. The reporter asked, “Do you think there is legitimate grassroots opposition going on out there?”
Nancy Pelosi made the following [...]
By Linda Anselmi on Jul 23, 2009 in Bank Bailouts, Banks, Economy-Federal Agencies, Humor | 31 Comments
I love George Carlin. He is a hero from my youth. Revered from the first time I heard “The Seven Words”. And I still mourn his passing in 2008. So I was a bit surprised by my reaction to viewing Carlin’s excellent riff on “Who Really Controls America.”
Oh, I [...]
By Rabble Rouser Reverend Amy on Jul 18, 2009 in Bailouts, Bank Bailouts, Banks, Current Affairs, U.S. Treasury, Wall Street | 22 Comments
By now, surely you have heard by now that Goldman Sachs, which has gotten a ton of your hard earned dollars, is now rolling in the dough. Oh, yeah, baby - they are handing out some major big bucks to, well, themselves. I am sure MANY of you will appreciate this:
The average Goldman worker [...]
By Larry Doyle on Jul 18, 2009 in Banks, Credit Card Companies, Current Affairs, Economy, Sense on Cents (Larry Doyle blog) | 12 Comments
On Wall Street, information is everything!! Access to the information is invaluable. Why? Given the speed with which markets move, any early hint of developing news is priceless in terms of the ability to transact quickly and profitably.
Why is ‘high frequency program trading’ viewed with such skepticism? Select participants with advanced computer programs gain access [...]
By Larry Doyle on Jul 9, 2009 in Banking Institutions, Banks, Credit Card Companies, Economy, Sense on Cents (Larry Doyle blog) | 21 Comments
Is there truly any reason to trust financial institutions these days?
Developments within the credit card space have exposed the true colors of these institutions . . . not that there was ever any doubt. Recall how consumer outrage at rapidly rising interest rates on credit cards pressured Washington to rein in the usurious business practices [...]
By Rabble Rouser Reverend Amy on Jul 8, 2009 in Bailouts, Bank Bailouts, Current Affairs, Lobbyists, National Debt, President Barack Obama, SusanUnPC, Tim Geithner, U.S. Treasury, Wall Street | 11 Comments
That’s President Serene Jones, of Union Theological Seminary speaking. She continued, “Justice is what love looks like when it takes social form.”
Wow. This is but one of the profound statements made by Dr. Jones throughout the course of Bill Moyers’ “Journal: Faith and Social Justice,” which also included Dr. Cornel West, formerly [...]
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