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What’s good for Wall Street is bad for America
17 hours ago ago from Unreported
(Image from Wikipedia) To watch the Dow jockies on the teevee leaves one with the impression that Americans collectively win something when the industrial average rises above 10,000. But Americans don't win anything. Most of them don't even really understand what the 10,000 mark means, but they have learned to equate Wall Street winning with a booming American economy. Do you earn a bonus when the Dow breaks 10,000? Does your job ...
Related contentElizabeth Warren is calling out the Wall Street Thugs!
17 hours ago ago from ONTD: Politics
I'm still sick and it's a wittle bit hard to concentrate so I got no commentary at the moment. I had to spell check Wall Street! Oh yeah, Wall Street locked the article so I had to use google news to find the uncut version. Wall Street's Race to the Bottom Jamie Dimon is wrong. We shouldn't expect a crisis 'every five to seven years.' By ELIZABETH WARREN Banking is based on trust. The banks get our paychecks and hold our savings; ...
Related contentSEC charges State Street for misleading investors about sub-prime mortgage investments | ...
22 hours ago ago from NationalMortgageProfessional.com | Daily Mortgage Industry News
Username: * Password: * SIGN UP | Forgot Password? Residential Commercial Reverse Originations Compliance Marketing Sales Secondary Servicing Technology Trends Home SEC charges State Street for misleading investors about sub-prime mortgage investments Fri, 2010-02-05 09:21 — NationalMortgag... The Securities and Exchange Commission (SEC) has charged ...
Related contentThe ‘Birthers’ Began on the Left
6 hours ago ago from Pointer's Weekly
But there's an inconvenient truth liberals are going to have to confront: The Birthers began not on the right, but on the left. Investigations for my new book, Wingnuts , revealed that the Birther conspiracy theory was first concocted by renegade members of the original Obama haters, Party Unity My Ass, known more commonly by their acronym, the PUMAs. They were a splinter group of hard-core Hillary Clinton supporters who did not want to ...
Related contentMore bailouts ahead
15 hours ago ago from Barbarous Relic
This time it's not Wall Street necessarily, but countries, with Greece apparently being first in line for a bailout. Writes John Rubino: With a bail-out of Greece apparently immanent and everyone drawing parallels between the PIGS countries [Portugal, Ireland, Greece, and Spain] and the Wall Street firms that nearly cratered the global economy in 2008, this might be a good time to ask why each year seems to bring a new set of financial ...
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