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
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?
Subscribe to:
Posts (Atom)