Feeds:
Posts
Comments

Posts Tagged ‘economics’

Some of the stuff that comes out of the mouths of congresspersons makes me fear for the future of America.
Most of you either know or could guess that I’m a left wing radical revolutionary from way back. I don’t have much sympathy for the bourgeois class that have led this country into financial ruin. That [...]

Read Full Post »

Henry Paulson, secretary of the treasury, is also the former CEO of Goldman Sachs.
So why are we putting him in charge, with almost no oversight, of a whole lot of money?
Perhaps it was for reasons similar to those that compelled us to put former Chevron executive Condoleezza Rice in charge of our foreign policy.

Read Full Post »

Those were the words used by Senate Banking Committee chairman Chris Dodd. Read the full story here. “Days away from a complete meltdown of our financial system….”
Oh dear. I hate when that happens.
I’m not being facetious, merely cynical.
We all know what caused this meltdown so let’s just stop pointing fingers. I’m keen to recall a [...]

Read Full Post »