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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. [...]

Absolutely No Reform or Accountability in Bush Bailout

Section 3 is where these regulatory reforms and enforcement of accountability ought to be included. Yet, there’s not really anything there. Section 3 merely states that the Secretary of the Treasury will “consider” protecting taxpayers from the consequences of Wall Street’s gross ineptitude. [...]

Beware The Rush To Put America 700 Billion More In Debt

If there really is such a rush, and if the consequences of Wall Street failure are truly so monumental, why don’t those individuals who will benefit from the government bailout pay for the scheme? Why not pass the legislation – along with a special investment income tax that will provide the money to make the deal work? [...]