Home » Posts tagged 'bank bailouts'

Tag Archive


bank bailouts bank failures Bank of America Ben Bernanke Bush tax cuts capitalism cashless society China deficit spending deregulation Donald Trump Ebola economic bubble economic collapse economic crisis economic denial economic news articles economic predictions economic recovery epocalypse euro crisis European Union foreclosure fraud George W. Bush great depression Greek crisis Hillary Clinton housing bubble housing market collapse hyperinflation immigrant labor Iran nuclear crisis national debt occupy wall street oil prices ponzi scheme quantitative easing Reaganomics recession v depression Russia stock market sustainable economics The Federal Reserve the great recession unemployment

The Inevitability of Economic Collapse

While I haven’t had the privilege of divine revelation, I do try to look at the forces that are in play that have the power to move nations economically. Two dominant countervailing forces right now are those who have George Soros nearly in tears — who make up the anti-global revolution — and then all the globalists like Soros […]

           TOP

Euronomics Decomposing, Raise a Glass of Cheer!

Europeans must have been delighted to discover that one thing is working as well as it has since the start of the Great Recession. Behemoth banks that are failing are still able to pay their Christmas bonuses to their top executives and give nice dividends to their shareholders thanks to Super Mario Draghi.

           TOP

Brexit-Beleaguered Bankers Back to Begging for Bailouts!

Nothing is more shameless in a bedazzling sort of way than rich banksters standing on the public curb with their hands out. First, we had the admission this past week by a major French bank that Italian banks are so sick (and so too big to fail) they could cause systemic banking failure throughout Europe if not bailed out […]

           TOP

A Review of “The Big Short”, The Movie

[The following review is by Jim Quinn of The Burning Platform. I came across it after writing an article about American greed. I thought it makes an excellent companion piece to that article because the themes depicted in the movie and described here are the themes I was writing about.]   The Big Short opens nationwide […]

           TOP

Has there ever been a more selfish generation?

It’s a good question to ask on the day after Christmas, when we have all used our credit cards to buy gifts for others. In spite of this seasonal gift buying, I think there has never been a more selfish generation. (Regular readers of this blog are excepted because you wouldn’t be reading this contrarian blog if you were […]

           TOP

Singing the Banker Bailout Blues – Where is your rage, America?

This article is meant to be a kick in the ribs to a sleeping America. So, I hope you don’t like it. I hope it annoys you and jars you awake. Six years of economic struggle, and America has learned nothing from the Great Recession. Congress just passed a bill that assures cash-bloated banksters that the […]

           TOP

Wealth Inequality in America Funded by Federal Reserve

When Federal Reserve Chair Janet Yellen worries about growing wealth inequality in America, I wonder if she’s truly unaware of how she creates this disparity. All of the Fed’s efforts at economic recovery have been directly applied toward helping the America’s most wealthy recover first. How can you not create greater wealth inequality in America when the recovery program for the Great Recession […]

           TOP

Simple and Clear Reasons the Next Economic Crash Will be Worse Than the Last

We’ve spent an unprecedented fortune trying to rebuild out of the rubble of The Great Recession; yet, we are building by the same architecture that caused our economic structure to collapse in the first place. We all recall how the buzz phrase of the Great Recession was “too big to fail.” The lynchpin that triggered […]

           TOP

Republicans Have Become the Failing Power Grid of America

Watching the aftermath of hurricane Sandy, I found myself repeating something I’ve complained about for decades. I watched the tired story of millions of people living in dark because of power lines being whipped about in a storm. What a metaphor that is for how truly in-the-dark America has become. I listened to stories of […]

           TOP

Bank of America, How Are You? (A song for the Great Recession)

I’ve posted a new video for a song I wrote to give Bank of America credit that is due for helping to create a great recession for us all. The video is illustrated with photos from the Great Depression. My tribute to Bank of America with images of the time when it was born:

           TOP

Goldman’s Sacks of U.S. Gold — Bailout Bonus Bonanzas

There are more thousand-dollar bills stuffing the suit of a Goldman Sachs executive than there are straws in a scarecrow. The Wall Street people who piloted us all into the Great Recession have overturned banks that received more than a trillion dollars in free loans and outright gifts from beleaguered tax-payers. They could not have […]

           TOP

Business As Unusual for The Federal Reserve Even After Audit

Senator Bernie Sanders said that the Fed’s bailout programs are “socialism for the rich and rugged, you’re-on-your-own individualism for everyone else.” (This is what makes this such a great recession for those rich ol’ boys with government-issue golden parachutes.) It’s been half a year since the audit that Sanders and Ron Paul pushed for revealed that […]

           TOP

DOWNTIME Part 15 – Bailout Bonanza Gone Bananas

American International Group has received to date $170,000,000,000 of U.S. tax-payer’s money. The zeroes start swimming in my vision with numbers like that, as my eyes cannot focus on numbers so wide. If the numerals were letters, that’d be enough letters for three four-letter words. Don’t know why I think of four-letter words in the […]

           TOP

DOWNTIME Part 11 – Banking on the Future

We’ve all heard the plan for saving the nation. Create a “Bad Bank.” Deposit all the bad loans in the nation into the bad bank, and flush them away. The bad bank will buy these loans with money that is minty fresh This magic money will come from the next generation. Our legacy to them […]

           TOP