Banking We (the people) issue the large financial institutions that need bailed out a credit card which carries a 28% interest rate on the unpaid balance with lots of bells and whistles hidden in the small print that they don’t know they’ll be paying for as well. Also if they miss one single payment or [...]
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Banking They handed poorly run industry almost a TRILLION dollars, and they can’t tell them what they can do and not do with it. Thats pretty poor Governing.
Filed under: Politics | 5 Comments »
Banking “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until [...]
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Banking The Federal Reserve has pumped nearly a $1 trillion into the banking system since September, yet the economy continues to slide due to lack of liquidity. Will the Fed’s action turn the situation around or just prolong the agony.
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Banking ‘The crisis begun in America, and if you don’t recognise that you’re a million miles from the solution’. Gordon Brown has said as much in PMQs, yet over the past month they have been shifting the blame for the crisis in the British economy to national banks. Whats the explanation for this shift, if [...]
Filed under: Politics | 6 Comments »
Banking Sure the airlines had a really good excuse for losing customers but the bailout didn’t do any good for the majority.
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Banking “I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”
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Banking If I had $10 and lent out $9. Would I still be able to say I have still had $10.
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Banking No banking CEOs have been forced out. The banks weren’t required to submit plans for solvency.
Filed under: Politics | 12 Comments »
Banking When Bush tried to fix the banking problem, he sought (and received) help from dozens of other countries.
Filed under: Politics | 6 Comments »