Money, Power and Wall Street
Did the Fed’s Emergency Lending Prop Up “Too Big to Fail”? May 1, 2012, 8:44 pm ET · by Azmat Khan The Obama administration arrived in Washington in early 2009 facing the worst financial crisis since the Great Depression — and an American public outraged by bailouts for the financial institutions that had gotten them there.
A Bit More COLOR ! ! !
Molly Weasley 75% Superwash Merino/25% Nylon great for sox and fingerless wrist warmers Arthur Weasley in Silk oh, yeah, SILK
The Fed Audit - $16 TRILLION in secret loans to bail out American and foreign banks
The first top-to-bottom audit of the Federal Reserve uncovered eye-popping new details about how the U.S. provided a whopping $16 trillion in secret loans to bail out American and foreign banks and businesses during the worst economic crisis since the Great Depression. An amendment by Sen. Bernie Sanders to the Wall Street reform law passed one year ago this week directed the Government Accountability Office to conduct the study. "As a result of this audit, we now know that the Federal Reserve provided more than $16 trillion in total financial assistance to some of the largest financial institutions and corporations in the United States and throughout the world," said Sanders. "This is a clear case of socialism for the rich and rugged, you're-on-your-own individualism for everyone else."
Average Life Span
The other day a friend of mine sent a URL that would 'calculate' an individual's virtual age and life expectancy. Just a fun sort of diversion. That got me thinking . . . . . so I went downstairs and fired-up my pc and went to Family Tree Maker program and brought up my direct-line ancestors and their age at time of death. I used data from a limited number of generations so that a more balanced data base would be used. My maternal direct-line ancestors is very much limited compared to my paternal ancestors.
Americans for Tax Fairness » Corporate Tax Dodger Trading Cards
Corporate Tax Dodger Trading Cards Leading up to Tax Day, April 15, Americans for Tax Fairness is calling attention to 10 corporations that are dodging paying their fair share of taxes. We are releasing a set of Corporate Tax Dodger Trading Cards to explain their tricks of the trade. Be sure to collect all 10 and see what makes these companies professional tax dodgers. Corporate Tax Dodgers 2013 Report: 10 Companies and Their Tax Loopholes
Another Bank Bailout
The answer, of course, is everybody. In fact, the whole story is starting to feel like a comedy routine: yet again the economy slides, unemployment soars, banks get into trouble, governments rush to the rescue — but somehow it’s only the banks that get rescued, not the unemployed. Just to be clear, Spanish banks did indeed need a bailout. Spain was clearly on the edge of a “doom loop” — a well-understood process in which concern about banks’ solvency forces the banks to sell assets, which drives down the prices of those assets, which makes people even more worried about solvency. Governments can stop such doom loops with an infusion of cash; in this case, however, the Spanish government’s own solvency is in question, so the cash had to come from a broader European fund.
History of U.S. Military Interventions since 1890
by Dr. Zoltan Grossman The following is a partial list of U.S. military interventions from 1890 to 2014.
Battle of Cold Harbor - encyclopedia article about Battle of Cold Harbor.
The Battle of Cold Harbor was fought from May 31 to June 12, 1864 (with the most significant fighting occurring on June 3). It was one of the final battles of Union Lt. Gen. Ulysses S.
The Part-Time Employment Ratio: Up Slightly in March
Let's take a close look at Friday's employment report numbers on Full and Part-Time Employment. Buried near the bottom of Table A-9 of the government's Employment Situation Summary are the numbers for Full- and Part-Time Workers, with 35-or-more hours as the arbitrary divide between the two categories. The Labor Department has been collecting this since 1968, a time when only 13.5% of US employees were part-timers.
Lysander Spooner - encyclopedia article about Lysander Spooner.
Lysander Spooner (January 19, 1808 – May 14, 1887) was an American individualist anarchist, political philosopher, Deist, Unitarian abolitionist, supporter of the labor movement, legal theorist, and entrepreneur of the nineteenth century. He is also known for competing with the U.S. Post Office with his American Letter Mail Company, which was forced out of business by the United States government.
The United States of ALEC
BILL MOYERS: This week on Moyers & Company… Privatizing America one statehouse at a time. JOHN NICHOLS: Through ALEC, you can change the whole country without ever going to Washington, without ever having to go through a congressional hearing, without ever having to lobby on Capitol Hill, without ever having to talk to a president. BILL MOYERS: The United States of ALEC. ANNOUNCER: Funding is provided by:
Who Rules America? Power, Politics, & Social Change
by G. William Domhoff Welcome to WhoRulesAmerica.net, a site about how power is distributed and wielded in the United States. It both builds upon and greatly supplements the book Who Rules America?, now in its 7th edition. The book's new subtitle, "The Triumph of the Corporate Rich," reflects the success of the wealthy few in defeating all of their rivals (e.g., organized labor, liberals, environmentalists) over the course of the past 35 years.
