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Keyword: wallstreetbailouts

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  • Ron Paul Supports Occupy Wall Street

    11/21/2011 11:41:29 PM PST · by 2ndDivisionVet · 50 replies
    Free Keene ^ | November 21, 2011 | "Ian"
    Ron Paul spoke tonight at Keene State College, and as is being reported nationally, was “mic checked” by Occupy Keeneat the end of his speech. The occupiers said: “We are the 99%! We will be heard! There are criminals on Wall Street who walk free, there are protesters in jail…There’s something wrong with this system. We are the 99%! We will be heard!” He handled it graciously by smiling throughout and then by asking them if they feel better. He was also sure to point out his agreement with the Occupy Wall St. movement, saying, “I’m very much involved with...
  • The Rich Get Richer, and They Have You to Thank, Says David Cay Johnston

    11/19/2010 5:45:47 PM PST · by Chunga85 · 17 replies · 2+ views
    Yahoo Finance ^ | 11/19/2010 | Peter Gorenstein
    The rich, thanks to government handouts, are getting richer at everyone else's expense. At least that's what David Cay Johnston claims in the book Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and Stick You with the Bill) "This enormous growth of incomes at the top is not the result of market forces -- there's some market forces -- but it's largely the result of all these rules nobody knows about," he tells Dan and Aaron in this clip. The problem starts with government subsidies, says Johnston, a Pulitzer Prize-winning journalist. States are spending around $70 billion...
  • Wall Street's Bailout Hustle

    02/22/2010 11:28:19 AM PST · by ventanax5 · 5 replies · 445+ views
    Rolling Stone ^ | Matt Taibbi
    On January 21st, Lloyd Blankfein left a peculiar voicemail message on the work phones of his employees at Goldman Sachs. Fast becoming America's pre-eminent Marvel Comics supervillain, the CEO used the call to deploy his secret weapon: a pair of giant, nuclear-powered testicles. In his message, Blankfein addressed his plan to pay out gigantic year-end bonuses amid widespread controversy over Goldman's role in precipitating the global financial crisis. The bank had already set aside a tidy $16.2 billion for salaries and bonuses -- meaning that Goldman employees were each set to take home an average of $498,246, a number roughly...
  • Fact Check on Fiorina's Bailout Revisionism

    02/05/2010 10:26:47 AM PST · by CounterCounterCulture · 6 replies · 443+ views
    Chuck Devore for Senate ^ | 4 February 2010
    FACT CHECK ON FIORINA'S BAILOUT REVISIONISM: Bottom line up front: Carly Fiorina was a major voice in support of the Wall Street bailouts in autumn 2008. There is ample evidence documenting this. Fiorina was John McCain's senior economic advisor when he suspended his campaign and returned to Washington, D.C. to help craft what became TARP and the Wall Street bailouts. Her role at the time was one that she described (see as "a point person for the McCain campaign on economic and business issues." If she wishes to claim she opposed those bailouts, despite speaking repeatedly in favor of...