Presenting America's Top Ten Greediest of 2012
"Most of them wear power suits and dart in and out of the executive suites that sit high atop America’s most elegant corporate towers. Year in and year out, these greedy grab ungodly rewards for their own labor — and deny their employees anything close to decent compensation for theirs."
Showing posts with label Bailout. Show all posts
Showing posts with label Bailout. Show all posts
Saturday, December 29, 2012
Friday, December 28, 2012
Whaddya Know? Professional Economy Wrecker Alan Greenspan Is at the Heart of the Insidiious 'Fix the Debt' Campaign | Alternet
Whaddya Know? Professional Economy Wrecker Alan Greenspan Is at the Heart of the Insidiious 'Fix the Debt' Campaign | Alternet
"Alan Greenspan will go down in history as the person who has done more damage to the U.S. economy and society that anyone who was not a foreign enemy. In fact the destruction he wreaked through his incompetence would also exceed the damage caused by almost all would-be enemies as well.
"Alan Greenspan will go down in history as the person who has done more damage to the U.S. economy and society that anyone who was not a foreign enemy. In fact the destruction he wreaked through his incompetence would also exceed the damage caused by almost all would-be enemies as well.
Greenspan accomplished the remarkable feat as Fed chair of ignoring the growth of the $8 trillion housing bubble. This bubble could not have been easier to see if it had been 500 feet high and lit up with huge neon signs saying "Huge Housing Bubble." But Greenspan insisted the bubble was not there. And Greenspan somehow didn't recognize that the collapse of this massive bubble would devastate the economy."
Wednesday, November 28, 2012
CEOs Try to Shred the Safety Net While Pigging Out on Corporate Welfare
CEOs Try to Shred the Safety Net While Pigging Out on Corporate Welfare
"A gang of brazen CEOs has joined forces to promote economically disastrous and socially irresponsible austerity policies. Many of those same CEOs were bailed out by the American taxpayer after a Wall Street-driven financial crash. Instead of a thank-you, they are showing their appreciation in the form of a coordinated effort to rob Americans of hard-earned retirements, decent medical care and relief for the poorest."
"A gang of brazen CEOs has joined forces to promote economically disastrous and socially irresponsible austerity policies. Many of those same CEOs were bailed out by the American taxpayer after a Wall Street-driven financial crash. Instead of a thank-you, they are showing their appreciation in the form of a coordinated effort to rob Americans of hard-earned retirements, decent medical care and relief for the poorest."
Sunday, September 2, 2012
Mitt Romney's Federal Bailout; Bain Investigated for Tax Evasion
Mitt Romney's Federal Bailout; Bain Investigated for Tax Evasion
"Mitt Romney may not "apologize" for his success in business, but more importantly, you'll also likely never hear him say "thanks" to the American people for the Federal bailout of Bain Capital."
"Mitt Romney may not "apologize" for his success in business, but more importantly, you'll also likely never hear him say "thanks" to the American people for the Federal bailout of Bain Capital."
Thursday, August 23, 2012
Federal Reserve Sells Last Of Its Stake In AIG, Turns $18 Billion Profit
Federal Reserve Sells Last Of Its Stake In AIG, Turns $18 Billion Profit: The Federal Reserve of New York sold the last of its stake in American International Group (AIG), the insurance giant bailed out by the federal government in 2008. In selling the last of its assets related to the AIG bailout, the Fed earned an $6.6 billion profit for taxpayers, bringing its total profits from the [...]/p
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