Tag Archives: banks

The Bailout Bait and Switch and the Auto Industry Bailout

I don’t have the time to go into it fully, so I’ll keep this short. Sarcasm mode on. How surprising, the big $700 Billion bailout that the banks [..]

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Purposely Ruin the Country, Get a $70 Billion Bonus

Executives at 6 US banks will get $70 billion in bonuses for their work this year. That is a full 10% of the $700 billion bailout package these [..]

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Rethinking the Windfall Tax on Oil Companies

I have been an opponent of putting a windfall tax on oil companies, particularly in light of the fact that on profit per dollar basis, drug companies and [..]

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