Tag Archives: Wall Street

Meet Blankfein’s buddy, Officer Badass


A young man is pushed and wrestled to the ground by a cop, then handcuffed. His crime? Not immediately retreating as the cop swaggered toward him on the sidewalk. The victim appears to say something to the cop right before … Continue reading

Posted in economic collapse, Great Recession, mainstream media, New York Times, Politics, 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

A no-class-system-in-America joke


Oldie-but-goodie found on the Internet — Two English professors run into each other and start shooting the breeze: Professor A: “B, old chap, I haven’t seen you for a long while.” Professor B: “I’ve been away in America researching my … Continue reading

Posted in Congress, economic collapse, Great Depression, Great Recession, humor, mainstream media, Obama, Politics, taxes, The New Depression, Wall Street | Tagged , , , , , , | 1 Comment

Sound and fury, signifying status quo


Joseph Stiglitz, a few months ago in Vanity Fair: The more divided a society becomes in terms of wealth, the more reluctant the wealthy become to spend money on common needs. The rich don’t need to rely on government for … Continue reading

Posted in Congress, economic collapse, Great Recession, mainstream media, Obama, Politics, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , , | Leave a comment

Why Obama is still kissing up to Wall Street crooks


Here’s Robert Reich, talking to the wall again, trying to tell Democratic politicians what they must do to lead the way to economic recovery and prevent Republicans from creating an even worse downturn than the one that has plagued us … Continue reading

Posted in Uncategorized | Tagged , , , , , , , | Leave a comment

Denial is just a sign of the times


This is what happens in other democracies when bankers try to reward themselves for helping to ruin the world economy: Britain has a rival when it comes to bashing bankers. After a furious row over pay packages at Amsterdam-based ING … Continue reading

Posted in Congress, economic collapse, globalization, Great Depression, Great Recession, mainstream media, Obama, Politics, taxes, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , , , , | Leave a comment

Obama is mum on Wall St. & oil prices


… Barack Obama‘s number one private campaign contributor was Goldman Sachs, which is one of the two major companies that is engaged in commodity index speculation. Morgan Stanley, which is another major contributor of his, was the other. You know, … Continue reading

Posted in economic collapse, enviromentalism, globalization, Great Recession, mainstream media, Obama, Politics, Wall Street, world-wide economy | Tagged , , , , , , , , , , , | Leave a comment

Wall Street mafia busted! (That’ll be the day)


“This is one of the largest single-day operations against the Mafia in the FBI’s history, both in terms of the number of defendants arrested and charged and the scope of the criminal activity that is alleged,” said U.S. Attorney General … Continue reading

Posted in finance reform bill, Goldman Sachs, Great Recession, mainstream media, Obama, Politics, Wall Street, world-wide economy | Tagged , , , , , , , , , | Leave a comment

She voted to burn down her house


“‘I voted Republican, which is unusual for me,’ said one woman… ‘My main concern is the economy. I couldn’t stand by and watch it continue to crumble.’” — from the Nov. 3 Philadelphia Metro. You have to love the logic. … Continue reading

Posted in Congress, economic collapse, globalization, Great Depression, mainstream media, mid-term elections, Obama, Philadelphia, Politics, unemployment, Wall Street | Tagged , , , , , , , | 1 Comment