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Posts Tagged ‘Wall Street’

So get this. As of this writing (2:01 p.m.) the Senate has not passed Wall Street reform. They’ve just voted to end debate on it (which means it’s ready for a final vote). John Boehner – before the bill has passed – is already calling for its repeal. Why? Because he’s a total motherfucker. I [...]

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The Party of No is back, baby! Sen. Mitch “Turtle” McConnell fired off a letter to Harry Reid trumpeting his party’s 41 votes in favor of blocking debate on financial reform. You’d think that something like fraud charges against Goldman Sachs would actually make the Republicans want to tackle the issue, but you’d be wrong. [...]

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To interest groups in Washington, supporting a political party is about hedging your bets and deciding who’s done the most for you lately. It’s not different for individuals either — after all, the “Party of Lincoln” doesn’t exactly look like it’d free the slaves today — which is why lunatics are flocking to the Tea [...]

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The economic situation we’re in today — which has been referred to ridiculously as “The Great Recession” — is a direct result of Wall Street greed. It’s a result of bankers taking on risky investments in an effort to make quick and astronomical sums of money. Ten-percent unemployment? Their doing. Devalued currency? Their doing. Crippled [...]

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