Thorne Webb Dreyer, Editor
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Tag Archives: Banking
The Economic Vocabulary Was Turned Into Double-Think
An Interview with Economist Michael Hudson… The worsening debt crisis: Who got us into this mess and what are the real political options?By Mike Whitney / September 8, 2008 Michael Hudson is a former Wall Street economist specializing in the … Continue reading
Community College Students Need Not Apply : Our Reward for Bailing Out the Banks
‘The following lenders have started turning away from community college students: Citibank, JPMorgan Chase, SunTrust, and PNC’by Kesi Foster / September 3, 2008 “Since so many students at community college work full-time, I bet we’re actually paying a great deal … Continue reading
Posted in RagBlog
Tagged African-American, Banking, Campuses, Community Colleges, Economy, Finance, Student Loans
1 Comment
The Con-Servative Way: Privatize the Profits and Socialize the Losses
Fannie Mae, Freddie Mac: Phase two of financial crisisBy Jack Rasmus / September 1, 2008 Despite repeated efforts during the past year by the Federal Reserve (Fed), the U.S. Treasury, regulatory agencies, and global central banks, the current financial crisis … Continue reading
Pop Goes Another (Banking) Weasel
The notice that appears if you visit the Integrity Bank Web siteIntegrity Bank Becomes 10th U.S. Failure This Year (Update2)By Alison Vekshin and Ari Levy / August 29, 2008 Integrity Bank of Alpharetta, Georgia, was closed by U.S. regulators today, … Continue reading
I Hate Those Corporate Fascists and Pigs
EV BikesBy Edgar Alpo / August 21, 2008 Disclaimer: Sorry, I’m in a bad mood. They don’t allow these in New York City. Otherwise known as the fascist capital of the world. New York City hates electric bicycles. They do … Continue reading
Nader: Asking the FDIC to Be Realistic
Federal Deposit Insurance corporation Chairman Sheila Bair addresses the Intstitute of International Bankers annual conference at the Four Seasons Hotel March 3, 2008 in Washington, DC. Photo: Chip Somodevilla/Getty Images North AmericaWhere Is Congress? The Problem with Problem BanksBy Ralph … Continue reading
Reducing All But A Few Fortunate Americans to Debt Slavery
The Indentured States of AmericaBy Jerome Doolittle / August 18, 2008 As we enter the perfect economic storm, it’s important (though too late) to realize that none of this is an accident. It is all the result of careful long-term … Continue reading
US Banking: The Shit Has Yet to Hit the Fan
Large U.S. Bank Collapse Seen AheadBy Jan Dahinten / August 19, 2008 SINGAPORE — The worst of the global financial crisis is yet to come and a large U.S. bank will fail in the next few months as the world’s … Continue reading
ECONOMY : Trickle Down from the Bailouts
‘The federal government is drowning in a sea of red ink’By Roger Baker / The Rag Blog / August 19, 2008 Bernanke and his crew at the fed bailed out Bear Stearns at taxpayer expense because they feared not doing … Continue reading
William Greider : Economic Free Fall
Avenging Angels. Illustration courtesy of The Nation.‘In their haste to do anything the financial guys seem to want, Congress and the lame-duck President are, I fear, sowing far more profound troubles for the country’By William Grieder This article appears in … Continue reading
Posted in RagBlog
Tagged Banking, Bush Administration, Congress, Economy, Federal Reserve, Investments, Wall Street
1 Comment
Housing Crisis: "My Son Was Not So Lucky"
The Morgan-Stanley BuildingMorgan-Stanley freezing the home-equity credit lines on mortgage holdersBy Diane Stirling-Stevens / The Rag Blog / August 9, 2008 I’m certain other institutions will follow their lead; this article probably doesn’t surprise most of us. For me, I … Continue reading
Sucking Up to the Bankers : A Bipartisan Lovefest
“The Bankers” by Art Young.They’re the ones who got us into this messBy Robert Scheer / July 30, 2008 This is a time to condemn the bankers, not to embrace them. They are the scoundrels who got us into the … Continue reading
Posted in RagBlog
Tagged Banking, Democratic Party, Depression, Economy, Investments, Presidential Campaign, Republican Party
2 Comments
