Tags: Bailout + Banks + Barney Frank + Congress + Fed + Federal Reserve + Geithner + Goldman Sachs + JPM + Taxes + Treasury
The Federal Reserve goes back to court in a few months to block Bloomberg’s lawsuit under the Freedom of Information Act to see which banks got favored treatment by the Fed & Treasury with the bailout funds. The Fed’s argument is that should the public know who got the funds there could be a run [...]
January 11, 2010 - Economy, Politics - 0 Comments
Tags: Bailout + Banks + Deficit + Economy + Federal Reserve + Ginnie Mae + JPM + Taxes + Treasury
We celebrate the independence of all Americans against the tyranny of opression this Fourth of July. England had colonized America and was exploiting its immigrants sucking out their life and liberties by taxation without representation until outrage turned into violence. The French came to the aid of the American colonies and eventually General Cornwallis was [...]
July 4, 2009 - Economy, Politics - 0 Comments
Tags: Bailout + Banks + Bernanke + Economy + Federal Reserve + Geithner + investing + JPM + Treasury
Will it never end–the on-going concessions and handouts to banks? Our Capitalistic system being dumbo-engineered to socialize losses, overlook transgressions of law, and reward failure? What’s next for the people?
May 22, 2009 - Economy, Politics - 0 Comments
Tags: Geithner + JP Morgan Chase + JPM + obama + Stress test + Treasury
Recently the CEOs of Goldman Sachs and and JP Morgan Chase informed the government that they want to pay back their TARP money to unshackle their banks from the encroachment of government regulation. Jamie Dimond, CEO of JP Morgan, went on to admonish the Fed that it would not participate in the TALF program to either buy or [...]
April 17, 2009 - Economy, Markets, Politics - 0 Comments
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