Tag Archives : bank


Will GOP lawmakers do anything about the “Too Big To Fail” bank subsidy? Probably not.

  Source: http://www.againstcronycapitalism.org By Nick Sorrentino Will GOP lawmakers do anything about the “Too Big To Fail” bank subsidy? Probably not.     Dave Camp in the House and David Vitter in the Senate are looking to address the implicit subsidy granted to banks designated as too big to fail. These banks are able to […]

TBTF-23

Boeing Business Jet FamilyK63803

Boeing’s crony capitalism in America’s heartland

  Source: http://www.againstcronycapitalism.org By Nick Sorrentino Boeing’s crony capitalism in America’s heartland     Everywhere Boeing goes subsidies follow. Without fail. In defense, in commercial aircraft, it doesn’t matter. It almost appears that subsidies are built fundamentally into Boeing’s business plan.   Actually, subsidies are built fundamentally into Boeing’s business plan. The airline manufacturer even […]


ccard-cc-565x345

Guy rewrites his own terms on credit card application, 0% forever and no limit, bank OKs the deal! 1

Source: http://www.againstcronycapitalism.org   Guy rewrites his own terms on credit card application, 0% forever and no limit, bank OKs the deal!     Of course the bank got sore 2 years later and tried to sue the credit card holder. It failed. The credit card company should have read the terms of the contract I […]


Bank Forecloses on Wrong Home & Steals Owner’s Belongings

Source: http://www.occupycorporatism.com By Susanne Posel Occupy Corporatism Bank Forecloses on Wrong Home & Steals Owner’s Belongings   Katie Barnett, a resident of McArthur, Ohio has had her home foreclosed on by First National Bank in Weilston (FNBW). The problem is that her home was not scheduled for foreclosure. Barnett said: “GPS had led them to […]

Image credit: http://www.occupycorporatism.com

Judge Napolitano Takes On The Fed 2

Judge Napolitano Takes On The Fed ‘Not Federal, Not A Reserve,’ Designed To ‘Make Pres. Look Good’ http://www.youtube.com/watch?feature=player_embedded&v=YqaayERrSfM Judge Napolitano agrees with George Will that the Fed has become the 4th branch of government, unelected and no oversight over incredible powers. Arguing that it is neither federal nor a reserve, the Judge noted that the […]


Yuan tipped to replace U.S. dollar, Euro in southeast Asia 1

Source: http://news.xinhuanet.com By Chen Zhi BANGKOK, Aug. 25 (Xinhua) — China’s currency could be eventually used as an alternative to the U.S. dollar and Euro by southeast Asian countries, experts said. Phathanaphong Phusuwan, a senior official of the Bank of Thailand, said in a seminar on Thai-Chinese trade, investment and finance relations on Saturday that […]