Will Obama Pull a Bush WMD Scam in Syria?
Michael Collins A rush to judgment is a rush to war. It's put up or shut up time for President Barack Obama. Will the president wait for the completion of an objective study to determine the source of a chemical weapons in an attack on a Damascus suburb… more »
Why Stocks Have Risen: Stimulus, Stimulus, and Indefinite-Stimulus, i.e., Transfer of Wealth from Main Street to Wall Street
by chycho Since bottoming out at an intra-day low of 6,467 on March 6, 2009, the Dow Jones Industrial Average (DOW) has risen to 15,295 as of May 23, 2013 - a gain of approximately 130% in just over 4 years. The S&P 500 has shown similar results,… more »
Gingrich Phony Populism Sells in the South
By Michael Collins Bionic candidate Mitt Romney went from inevitable to simply evitable thanks to South Carolina Republican primary voters. With 600,000 voting, turnout was up 34% over 2008. Ninety eight percent of voters were white. This is even less… more »
No Room at the Inn - Not even a TARP
Michael Collins What do you get when you cross Tim Geithner and Peter Peterson? Barack Obama; who would rather help the big banks and balance the budget than offer a helping hand for struggling homeowners. (Image) The president demonstrated new heights… more »
Buffett Thanks "Uncle Sam" for Big Bailout Payday
Michael Collins The people's oligarch Warren Buffett just wrote a thank you letter to "Uncle Sam" published in the New York Times. It is the height of cynicism. (Image) Buffett has a carefully crafted public image as a brilliant but people-friendly… more »
The Money Party Deficit Reduction Scam and Social Security
Michael Collins President Obama announced the new National Commission on Fiscal Responsibility and Reform on February 18 to address astronomical federal budget deficits. There has been considerable speculation that this commission will target current… more »
Tags: benefits, bowles, deficit commission, obama, payroll taxes, scam, simpson, social security, trust fund
The Checking Account Scam - How Wells Fargo Gouged Its Customers
By Numerian posted by Michael Collins We’ve often talked here about the bank practice of extracting equity from customer accounts. Now comes a 90 page ruling from Judge William Alsup of the Northern District of California against Wells Fargo Bank,… more »
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