Wall Street Journal Supports Break-Up Of Big Banks

Wall Street Journal Supports Break-Up Of Big BanksAdd the Wall Street Journal editorial board --  to the growing ranks of those calling for a restoration of barriers between commercial and investment banking. \The editorial heavily criticized Democratic proposals to...

U.S. Society Headed for Major Crisis

A five-part report by David DeGraw on the economic meltdown fallout and the factors that contributed to it. Essentially, the people of the U.S. and the world are suffering now and facing worse times due to the...

Democratic Rep. DeFazio Calls for Geithner and Summers to Be Fire

These guys should never have been appointed in the first place.

1999 NY Times Article Foretells Current Economic Meltdown

This is a blog post I wrote after coming across an article the New York Times had published in 1999, just after the passage of the Gramm-Leach-Bliley Act, which Republocrats are trying to avoid talking about, but...

Democrats want $100 B to go to Foreclosure Aid

Just minutes after President Bush said at a news conference that President-elect Barack Obama just had to “ask” if he needed the remaining $350 Billion bailout funds allocated for foreclosure prevention, Obama...

Lawmakers Reluctant to Release $350 Billion Foreclosure Bailout

Senate Banking Committee Chairman Christopher Dodd recently said that lawmakers were demanding to see more concrete action from government before it approves the release of the remaining $350 billion bailout funds...

Obama names Economic Team Leaders

Monday in Chicago President-elect Barack Obama announced his four member Economic Team and handed the team a mandate of initiating programs to ensure "aggressive economic recovery."   Central to the...

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