Employment is a Far Bigger Issue Than Healthcare
Unemployment is a far more serious problem than healthcare, but the Obama administration refuses to acknowledge that.
Wall Street Bonuses and the Bailout: A Brief Explanation
The bonuses being paid to Wall Street executives were negotiated and agreed to prior to the credit crisis. Those contracts have to be honored unless the employer is bankrupt. By bailing out some major investment banks, the government kept those banks from bankruptcy so they could honor their contracts — including their employment agreements.
In Defense of Bernie Madoff: A Portrait of Pathological Optimism
Bernard Madoff, once thought to be Wall Street’s golden child but who has finally been figured out for the fraud he really is, was sentenced today to 150 years in a Federal Prison. In all likelihood the 71 year old will spend the final days of his life behind bars.
CDO and Sub-Prime Mortgage Loan Inventors Enshrined in Hall of Fame
For their life changing effects on billions of people around the globe, the inventors of the Collateralized Debt Obligation and the Sub-Prime Mortgage Loan will be honored on April one with their induction into the Inventors Hall of Fame.
On Allegations of Wall Street’s Displeasure with Obama and Other Signs of the Apocalypse
The stimulus package and bank bail-out plans are a failure, according to some who read the recent direction of the market as a reaction to those recent programs. Here’s the other side of the story.
Best Jobs to Have in a Recession
So you think that you’ve hit rock bottom in this recession. Fear not! Here is another list of high paying jobs you can’t put your undying faith into.
Bailout, Say Hello to Regulation
A Commentary on the Financial and Credit Crisis of 2008. Greed is the number one reason this crisis occurred. Regulation of the financial industry is the only way to avoid this from happening again.
Take Back Your Power
We need to be good citizens and keep a watchful eye on our elected officials in Washington. The President and Congress presently are not serving us very well, and that is because they know we are not paying attention. We, the electorate, need to take back our power and here’s how.
How Much is $700,000,000,000, Anyway?
On the congressional bail out deal. 9-26-08.
