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| Noam Chomsky on the economy and democracy Pt2 Noam Chomsky on the economy and democracy Pt3 Stephen’s Angry Mob Will Crush AIG (click to show/hide Colbert video) The government can’t stop AIG but Stephen’s angry mob will crush these punks. He pulls out his pitchfork and gets the audience on his side. [...] So says our Representative Brian Baird and I quote him from a link to a story in my earlier article: Baird said the legislation also will prevent executives who presided over the financial crisis from reaping huge salaries and bonuses. “Any company that chooses to participate in the program will not be able to offer their departing executives exorbitant severance packages,” he said. “In companies where the [...] On the day that the first of the bailout dollars are to be disbursed, we learn this: Oct. 27 (Bloomberg) — Five straight quarters of losses and a 70 percent slide in its stock this year haven’t stopped Merrill Lynch & Co. from allocating about $6.7 billion to pay bonuses. Goldman Sachs Group Inc. and Morgan Stanley, both still on track for profitable years, have set aside [...] Part of the recent bailout bill includes a provision to allow a refundable tax credit of 10% of the home purchase price up to $7500 for new home buyers for purchases after April 9, 2008 and before July 1, 2009. A “first-time” home buyer is one that has not owned a home for three years prior to the purchase. By the way, ownership of [...] | Available Streams 2    | ||||
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