Tag Archives: banksters

Schumer’s in a bubble with the banksters


From New Republic’s interview with New York Sen. Charles Schumer, who, in a weasel-y way, links Sen. Elizabeth Warren with “left-wing blogs”: CS: …You’ve got to look at the effect on average folks. The vast majority of the people employed … Continue reading

Posted in Congress, economic collapse, mainstream media, Obama, taxes, The New Depression, unemployment, Wall Street, weasel | Tagged , , , , , , , , , , | Leave a comment

Two-party system = no change


I still can’t tell if most “middle-class” Americans really understand what hit them, and why, when the economy tanked in 2008. Robert Scheer takes a crack at explaining the catastrophe with what seems to me the perfect metaphor. But then … Continue reading

Posted in casinos, Congress, economic collapse, Goldman Sachs, Great Recession, mainstream media, Occupy Wall Street, The New Depression | Tagged , , , , | 2 Comments

‘Yes He Can,’ but will he?


Has Barack Obama ever acknowledged Robert Reich’s steady stream of criticism regarding Obama’s apparent lack of interest in putting the real economy back on track? He seems to have shunned the former Secretary of Labor, and to have ignored anyone … Continue reading

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Obama tries, but wing-nuts reject his love


No irony about the sick state of American politics is funnier than the fact that wing-nuts, no matter how far to the right Barack Obama tilts, continue to vilify him as the Great Satan of socialism and the bleeding-heart champion … Continue reading

Posted in climate change, economic collapse, Goldman Sachs, Great Recession, liar, New York Times, Obama, Politics, The New Depression, unemployment, Wall Street | Tagged , , , , , , | 1 Comment

Question for NYT: WHOSE economy is growing?


News stories often raise more questions than they answer. Such is the case with an article by Robert Pear, who seems to agree with Robert Reich that we’re in a “jobs depression,” then says something else: In a grim sign … Continue reading

Posted in economic collapse, globalization, Great Recession, mainstream media, New York Times, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , | 1 Comment

Obama sides with banksters, not protesters


OK, we knew this all along, but I still winced when I read it in Firedoglake: For perhaps the first time, President Barack Obama was forced to explain why there have been no prosecutions of Wall Street executives for their … Continue reading

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, Obama, Politics, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , , | 3 Comments

A bankster prerequisite: Scamming 101


Matt Taibbi explains what triggered Wall Street protests Actually, this long quotation from a February interview of Taibbi explains why it’s accurate to think of crooked investment bankers — banksters — as scam artists as well as degenerate gamblers of … Continue reading

Posted in casinos, economic collapse, Goldman Sachs, Great Recession, mainstream media, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , | 1 Comment

Pesky lawyer still on banksters’ case


When it comes to describing the complacency of the Wall Street banksters, their unabashed disregard for the millions of people they defrauded, and the ease with which they continue to push the right buttons in Washington in order to avoid … Continue reading

Posted in economic collapse, Goldman Sachs, Great Recession, mainstream media, New York Times, Obama, Politics, The New Depression, Wall Street, world-wide economy | Tagged , , , , , | 4 Comments

NY Fed’s bottom line: Banksters above the law


Most people who buck the system are easily pressured to change course, but a few are more likely to get their back up and hold steady, at least until the pressure becomes unbearable. Gretchen Morgenson wrote today of one such … Continue reading

Posted in economic collapse, Great Recession, Obama, Politics, The New Depression, Wall Street, world-wide economy | Tagged , , , , , , , , , | 1 Comment