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Tag Archives: Wall Street Bailout
Music Video : Arlo Guthrie is (Still) Changing His Name to Chrysler
I’m Changing My Name to ChryslerPerformed by Arlo Guthrie. Lyrics by Tom Paxton. “Corporate welfare-the enormous and myriad subsidies, bailouts, giveaways, tax loopholes, debt revocations, loan guarantees, discounted insurance and other benefits conferred by government on business-is a function of … Continue reading
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Tagged Arlo Guthrie, Corporate Corruption, Music Video, Musicians, Wall Street Bailout
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Jim Hightower : ‘Too Big to Fail’ Is Too Big, Period.
Too big to fail. Photo by Jennifer Szymaszek / AP / Noise Between Stations. The ‘too big’ claim forms the rationale for the diversion of regular people’s money into rich people’s pockets. By Jim Hightower / April 4, 2009. As … Continue reading
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Tagged Bank Bailouts, Federal Reserve, Finance, Jim Hightower, Wall Street Bailout
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Why Did A.I.G. Pay Goldman Sachs $12.9 Billion?
Hong Kong AIG building. Photo: Chow Meisy.The Gift That Keeps on GivingMarch 16, 2009 After four bailouts totaling some $170 billion, the American International Group has finally answered some of the questions about where the money went. Unfortunately, the answers … Continue reading
Posted in RagBlog
Tagged Bank Bailouts, Corporate Corruption, Financial Crisis, Wall Street Bailout
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Loving’s Take on the Wall Street Bailouts
Cartoon by Charlie Loving / The Rag Blog
The Sunday Funnies: 52 Pickup
Cartoon by Charlie Loving / The Rag Blog
The Wall Street Bailout Is "Borderline Criminal"
Treasury Secretary Henry Paulson and Friends announcing terms of the bailout.In Praise of a Rocky TransitionBy Naomi Klein / November 13, 2008 The more details emerge, the clearer it becomes that Washington’s handling of the Wall Street bailout is not … Continue reading
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Tagged Bank Bailouts, Banking, Criminal Justice, Wall Street Bailout
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Larry Ray : Post-Election Kibbles ‘n Bits
‘A presidential campaign produces a mother lode of ideas. One learns to keep a pad and pen handy.’By Larry Ray / The Rag Blog / November 11, 2008 Every reporter or writer has story ideas and scrawled words left in … Continue reading
Posted in Rag Bloggers
Tagged 2008 Elections, Capitalism, Corporate Corruption, Oil Companies, Wall Street Bailout
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Is This Another Backroom BushCo Bailout?
Chrysler headquartersWhy the GM/Cerberus/Chrysler Bailout is bad for taxpayers and doomed to fail without the benefits of a Chapter 11 filing for both Chrysler and GMBy Robert Farago / November 6, 2008 [The following analysis was sent to TTAC by … Continue reading
The Bailout Monster : Feed Me!
Just wait until next month, sucker.By Roger Baker / The Rag Blog / October 22, 2008 See ‘Fed to Provide Up to $540 Billion to Aid Money Funds’ by Craig Torres and Christopher Condon, Below. Dividing $540 billion by the … Continue reading
Posted in Rag Bloggers
Tagged Banking, Economic Collapse, Economy, Global Economy, Money Markets, Wall Street Bailout
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Knee-Jerk Bailout Policy as Financial Cure-All? Here’s a Moderate Alternative.
Lower the hammer on knee-jerk policies.‘The following economic essay is an intelligent alternative to the current economic crisis response under Paulson and Bernanke.’By Roger Baker / The Rag Blog / October 13, 2008 Would the following moderate but sensible approach, … Continue reading
Posted in Rag Bloggers
Tagged Bank Bailouts, Economic Collapse, Economic Recovery, Economy, Wall Street Bailout
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Visualize Industrial Collapse Dept.
Propping up Capitalism…‘A hundred billion in federal guarantees here, a trillion there, it all adds up.’By Roger Baker / The Rag Blog / October 7, 2008 Don’t focus on the Dow too much. More important is probably how Bernanke is … Continue reading
Posted in Rag Bloggers
Tagged Capitalism, Economic Collapse, Economy, Financial Crisis, Wall Street Bailout, World Economy
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Stopping a Financial Crisis : How Sweden Did It
Sweden’s Bo Lundgren sought an ‘upside’ for the taxpayer.‘Sweden did not just bail out its financial institutions by having the government take over the bad debts. It extracted pounds of flesh from bank shareholders before writing checks.’By Carter Douherty A … Continue reading
