While recently hanging out in a hotel lobby one evening, I came across a young man who was working as a security guard. He did not fit the usual profile of the security guard
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While recently hanging out in a hotel lobby one evening, I came across a young man who was working as a security guard. He did not fit the usual profile of the security guard
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Those who are taking part of the Occupy Wall Street protests need to get a clue on history. Frustration mixed with activism will produce exactly what you seek…and nothing more. Just look at the birth of Communism in countries like Russia and China and why they are slowly moving away from it.
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“It’s funny yet sad to see how the same folks who were beating the nation over the head with the S&P threat of downgrading the US are now questioning it’s validity. Keep switching up those narratives. Nobody notices–I promise.”
This is what I wrote the other day on Facebook as news hit the web that the [...]
Reading comments on various sites and blogs this morning, I find it funny that there are those who really think Obama is above Wall Street.
No president is above Wall Street.
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Can you spare a brutha a dime a couple mill whatever you can give?
Obama Seeks to Win Back Wall St. Cash
Yup! These are the same fat cats.
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iiiiiiiiiiiiiiie!
(AP)By boycotting a key House committee vote last week and threatening to abandon support for banking regulations, members of the Congressional Black Caucus got $4 billion added to a Wall Street regulation bill and $2 billion to a proposed House jobs bill in spending they sought for African American communities.
House Financial Services Committee Chairman Barney [...]
The following excerpts are from propublica.org~
The near collapse of the financial system and the massive government bailout [1] were just bumps in the road for Wall Street, it turns out, and notwithstanding public ire, the big banks are on pace this year to pay their employees at pre-crisis levels, The Washington Post reports [2].
“So far [...]
“We have one person running the show here. He (the President) keeps saying we want small, fuel-efficient cars. But this week when the car numbers came out: Number 1. Ford F-150. Number 2. the Silverado. I didn’t even see the Prius on the list. But he knows what WE want.”
Charles Payne on his recent appearance [...]
Something I wrote as a comment the other day.
I mentioned a few days ago a comment made by the Federal Reserve Chairman, Ben Beranke. In short, he told a group of Morehouse college students that a major contributor to the wealth gap between Blacks and Whites is our lack of financial literacy. Why am I [...]
From: The New Republic
Then there is the bailout plan itself. On the basis of Geithner’s statements and recent leaks, it appears to be an alternative to temporary nationalization or receivership–somewhat similar to the original plan put forward last fall by Former Treasury Secretary Henry Paulson. Instead of the government taking over insolvent banks, replacing their [...]
How ‘Legatus’ Brought Down Wall Street
Apparently, this same guy also predicted back in November 2008 that that market would take a dive on 2/09. I found this on Google Finance.
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“President Barack Obama hammered Wall Street institutions Thursday for what he called “shameful” bonuses, saying it is the “height of irresponsibility” to ask for help from taxpayers and continue to reward executives with handsome pay packages.” (more…)
This is EXACTLY why I was against Wall Street begging for handouts from the government from jump. Once you [...]
Wall Street ponies up for Obama inauguration
Posted by: Andy Sullivan
blogs.reuters.com
It’s been a brutal year for Wall Street, but the high rollers apparently still love a big, expensive party.
People who work in the finance industry have given at least $4.8 million to underwrite Barack Obama’s inauguration party, more than any other business sector, according to an [...]
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