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Americans Elect’s Sole Donor Makes the Top Ten 527 Cash List

The Center for Responsive Politics just released its list of the Top 10 biggest contributions by private individuals to Section 527 political groups in the 2nd quarter of 2010.

Rounding out the list:

#10 Peter Ackerman, former Wall Street investor and now in the leadership of the recent 527 group Americans Elect (formerly Unity08): $400,000 [...]

Worst and Best of the Bailout?

The thought that occurred to me most strongly is that the relative ethical worthiness of these corporations can’t be adequately judged with just a couple of different numbers describing limited aspects of their performance. On the other hand, it’s important to remember that each and every one of these corporations, even Capital One, has set itself apart by coming to the government with cap in hand, begging for money. [...]

Stock Market Opens Lower After Obama Accused of Marxism!

It’s bad enough that business journalists follow the Dow Jones Industrials Average as if it is a general economic indicator. If they’re going to make that mistake, the least they could do would be to stop pretending that they know why the price of the stocks in that index are really going up or down at any particular time. [...]

We Can't Govern Out Of Servility

Having public scrutiny over the practices of financial firms is a good thing. Allowing them to keep their mismanagement hidden is what got us in this trouble in the first place. [...]

Oceanic Proportions Of The New AIG Bailout

An insurance company like AIG can be recreated. Coral reefs, once they’re destroyed, may not return for millions of years, if they ever come back. So, why is AIG getting such a big bailout, while NOAA, which protects the world’s oceanic resources, is getting a mere pittance? [...]

Genuine Biblical View Of The Recession

The Bible does have a few things to say about money in general: Pay your taxes (rendering unto Caesar) and you can’t trust rich people (the eye of the needle, a camel, and heaven). [...]

Maxine Waters Proposes Mortgage Help Instead of Wall St. Bailout

The Systematic Foreclosure Prevention and Mortgage Modification Act looks like a plan that could responsibly protect our nation from true economic disaster. But will it have the lobbyists required to gain passage? [...]

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. [...]

Workers Rally To Windows And Doors

This protest is about a lot more than just the Republic Windows and Doors company and the Bank of America failing to meet their obligations. It’s about the way that America has been cheated even while Wall Street has gotten billions and billions in bailouts. [...]

What Does AIG Really Stand For?

What new name would you give for the acronym AIG? [...]

What Plummet?

The Dow has climbed back up to just minus 325 for the day. This is not a tailspin. If it were a tailspin, the Dow would be down by 750 by now, and leaving a trail of black smoke behind it. [...]