Bailout


Goldman Sachs should have died in 2008, Now its CEO, Lloyd Blankfein is a billionaire, Thanks taxpayers…Suckers!!!

By Nick Sorrentino Against Crony Capitalism July 18, 2015   Goldman Sachs should have died in 2008, Now its CEO, Lloyd Blankfein is a billionaire, Thanks taxpayers…Suckers!!!     There is some debate around here as to the world’s most crony company. There are many candidates but consistently in the top 5 or so is […]

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Under Pressure from Europe, Tsipras Tries to Sell ‘Unviable’ Austerity Deal to Syriza

By Deirdre Fulton Common Dreams July 15, 2015   Under Pressure from Europe, Tsipras Tries to Sell ‘Unviable’ Austerity Deal to Syriza Varoufakis calls deal ‘purely and simply a manifestation of the politics of humiliation in action’     As a Wednesday deadline loomed for Greece to pass a package of harsh austerity measures in […]


Uncle Sam’s Favorite Corporations—the companies that have gained the most from federal grants, special tax preferences, loans, and loan guarantees.

By Against Crony Capitalism April 1, 2015   Uncle Sam’s Favorite Corporations—the companies that have gained the most from federal grants, special tax preferences, loans, and loan guarantees.     This is an excellent report from Good Jobs First, a “good government” advocacy group, which also maintains the very useful SUBSIDY TRACKER tool. The report […]

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Bailout is Back: Fannie and Freddie Likely Need “Additional Treasury Investment” After Derivatives Losses

By Mac Slavo SHTFplan.com March 19, 2015   Bailout is Back: Fannie and Freddie Likely Need “Additional Treasury Investment” After Derivatives Losses     There is trouble again for federal mortgage backers and bailout queens Fannie Mae and Freddie Mac, whose failures helped to trigger the housing market collapse and subsequent 2008 economic crisis. The […]