banks | banks
Nov.04.2011
What are the conditions today? There is a pile of cash sitting idle with our large financial and industrial corporations. We are not creating nearly enough jobs. And with people not being able to pay their mortgages, our houses are losing value.
Do we have a workable solution to our...
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Oct.19.2011
The Occupy Wall Street Protest is a flash-mob that camps out. It’s as if the neighbours come round for a cup of coffee and end up sleeping over.
The Occupy demonstrations are flash-mobs inspired by fear, and fear is not short-lived, fear is stubborn.
It’s actually rather odd that, in order to...
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Oct.15.2011
The 99 per cent that will ‘occupy’ Wall Street today, October 15, will not be a global 99 per cent. They are probably the one per cent they are railing against for the outsiders.
The call to action by the “leaderless movement” is, on the face of it, a rare protest for they are hitting out at...
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Oct.06.2011
A computer program hacker organization, Anonymous 99, introduces their plan to ‘engage in a relentless campaign of non-violent, peaceful, civil disobedience’ to fight back against crime by banks and government agencies when they announced an upcoming ‘Operation Empire State Rebellion’. A99 [ctrl-...
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Feb.16.2011
It was announced Feb. 14th, 2011 that due to the huge demand for corn, food prices will take a large increase. From the price of beef to soft drinks, margarine to breakfast cereals, this increase will have an impact on every consumer: In their pocket book. The U.S. Department of Agriculture warned...
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Mar.09.2010
With the recent spotlight on a runaway Prius, few are paying any attention to the latest government plan to bail out failing banks with retirement money.
The Federal Deposit Insurance Corp., according to Bloomberg, now thinks it's a good idea for public retirement funds over about $2 trillion to...
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Oct.25.2009
In his weekly address, the president has asked Treasury Secretary Timothy Geithner and SBA administrator Karen Mills, to convene a conference of regulators, congressional leaders, lenders, and entrepreneurs to come up with additional steps to improve the flow of credit to small businesses looking...
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Apr.15.2009
So now that the big wigs in the Obama administration have fine tuned a plan to test nineteen of the nation's largest banks for solvency, I have a modest proposal: why not devise a stress test for other kinds of incompetency. For instance, when was the last time your HMO decided to order a...
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Mar.27.2009
I would not dare to say Bernard Madoff will have the last laugh? However, he may pull a clever trick by pleading "not guilty." In true Madoff style, he's created a formidable and expensive challenge for the prosecution's task of investigating the sources of his Ponzi Empire...
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Feb.24.2009
All the major newspapers today have stories about nationalizing our nation's biggest banks as a way to deal with assets which have proven to be liabilities instead.
Nationalization sounds radical, but the postal service has been nationalized for years. The U.S. government owns Amtrak. ...
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