Saturday, December 27, 2008

American Banking's Shameful Double Standard

Says it all. What is the recourse of the average taxpayer against blatant corruption and theft by government and the banking industry?

Monday, December 22, 2008

Banks won't disclose how they're spending bailout money

Here's my favorite quote:

Heine, the New York Mellon Corp. spokesman who said he wouldn't share spending specifics, added: "I just would prefer if you wouldn't say that we're not going to discuss those details."


Saturday, December 20, 2008

Drug firms block cheap medicine

As if we needed yet another reason to despise big business, drug companies use various legal (though maybe not ethical) measures to keep profits high by preventing the introduction of generics in Europe. At least the European Commission sounds like they're willing to go after them if they break the law in the process; in the U.S., we just shovel more money at them through Medicare Part D and call it progress.

Friday, December 19, 2008

Cars Sliding Down Icy Hill

Winter is here. Sigh.

Fed Refuses to Disclose Recipients of $2 Trillion

Think about that headline for a moment. Remember we're a government of the people, by the people, and for the people. Not for the rich. Not for the politicians. For the people. The Federal Reserve has no right to withhold how they gave away two trillion dollars. Outrage, anyone?

Proof of time travel?

A Swiss watch is found in a 400-year-old tomb. Reality is weird sometimes.