"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
Clusterstock has the gory details. Here’s their rundown of two of the most loathsome provisions. “Preventing Unjust Enrichment”: Treasury can’t pay more for the crap assets than the banks bought them for (a horrifying possibility, given that most of the…
Tip: Dealbreaker For those who may not know, Paulson is a past CEO of Goldman and the government did not deem this a crisis until Goldman stock start getting hammered and was dropping precipitously. It was only then that they…
Department of Housing and Urban Development (HUD) says homelessness is down. Yup, their statistics show that there is less homelessness now not more. What, you think that’s odd, given the slowing economy, that maybe HUD fudged their figures? Well, you’d…
First were subprime mortages. Bankers and the real estate industry were making zillions selling subprime, then pacakaging them into investment vehicles. so, it behooved everyone to pump out as many mortgages as possible because, after all, prices will never fall…
This is part of an email response Sen. Dianne Feinstein (D-CA) is sending to constituents who contacted her opposing the bailout. Californians are frosted by the absence of controls on executive compensation. Virtually all of the 50,000 phone calls and…