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Tag Archives: credit

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Bailout Banks Hide Money and Dole It Out For Executive Perks

It’s as if the bailout money was taken to support the wealth of a very small number of people who already had plenty of money to spend, instead of being used to help the overall system upon which most Americans depend. Yes, I’m getting a very as if feeling about this bailout.

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Speculation Drives Oil Down Too

I think that there’s a good argument to be made for the idea that, although the current financial crisis is founded broadly upon problems in credit markets, that the economic stress that provoked the breakdown in credit markets was the rapid inflation in gasoline and other oil-based energy products.

Psst... what kind of person doesn't support pacifism?

Fight the Republican beast!