tagged w/ bail outs
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Matt Taibbi tells it like it is!!!
http://www.democraticunderground.com/101715757
"I told my father after 911 that this was Fraud and that these folks who believed and went out and bought a house would live to regret it... Sadly I was Correct!!!" =(Matt Taibbi tells it like it is!!!
http://www.democraticunderground.com/101715757... more
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KB723
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added this
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3 months ago
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As we’ve learned the hard way, the core of our modern capitalist economy is finance, and finance is run entirely by a few large Wall Street firms. But here’s the ultimate irony: while modern capitalism depends on Wall Street, Wall Street no longer depends on capitalist principles. In finance a new system has emerged that makes a mockery of the idea that entrepreneurs should be rewarded for their successes and suffer losses when they fail.
Capitalist Values Vanish from Wall Street
I am reluctant to say where this is all leading us without sounding like a total nut case. (being only a partial nut case at this point) With the announcement this morning by the President and the Pentagon on the reduction-non-reduction of our military budget ie; corporations will still rake it in......how easy will it be to have a military coup in your face rather than defacto?As we’ve learned the hard way, the core of our modern capitalist economy is... more
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Wealth and power are rapidly becoming concentrated at the top and the large global corporations are making massive amounts of money. Meanwhile, the American middle class is being systematically wiped out of existence as U.S. workers are slowly being merged into the new “global” labor pool.
Corporations are moving operations out of the U.S. at breathtaking speed. Since the U.S. government does not penalize them for doing so, there really is no incentive for them to stay.
Meanwhile, the richest 1% of Americans — those making $380,000 or more — have seen their incomes grow 33% over the last 20 years, leaving average Americans in the dust.
http://rtruth.blog.com/2011/09/28/the-great-exterminationthe-middle-class-in-america/Wealth and power are rapidly becoming concentrated at the top and the large global... more
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mab001
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added this
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8 months ago
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Check it out as MTN team riders Paul Bass, Mike Montgomery, Andrew Taylor, and Geoff Gulevic at the biggest MTN event of the year! Whister, Canada, you have to check this out!!!!Check it out as MTN team riders Paul Bass, Mike Montgomery, Andrew Taylor, and Geoff... more
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