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| ING to be broken up in wake of bail-out. The US government should do this also. The big banks are too big to not fail. And the failure has already happened. Related articles by Zemanta Geithner still worried about recovery (dailyfinance.com) var wordpress_toolbar_urls = [...] Every year, more than 44,000 Americans die simply because have no health insurance. Share your story: Names of the Dead On a different subject, this is good to see. Obama administration actually doing some regulating (a little bit anyway) and the Wall Street Journal complaining. Related articles by Zemanta You lost me at “progressive sales tax” (horsesass.org) In the end this peasant will probably get the short end of the stick, but maybe she will get lucky and receive some leniency from the King. And who knows, maybe this is the beginning of a debtor’s revolt and a new movement. Reminds me of burning draft cards in the 60’s. We could have demonstrations where everyone burns their [...] Portland OR – April 11, 2009 – Click for more info NATIONALIZE: Experts agree on the means — Insolvent banks that are too big to fail must incur a temporary FDIC intervention – no more blank check taxpayer handouts. (see Krugman on nationalization) REORGANIZE: Current CEOs and board members must be removed and bonuses wiped out. The financial elite must share in the cost of what they [...] 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. [...] National Copper Bank, Salt Lake City 1911 Former New York Gov. Eliot Spitzer debuted as a columnist for Slate Magazine yesterday with an article entitled “Too Big Not To Fail”. And he gets it about the bailout fiasco. Spitzer correctly argues it is not the banks that are the underlying problem it is: Our trade deficit has ballooned from about $100 billion to more than $700 [...] 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 [...] | Available Streams 2    | ||||
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