Posted: August 13, 2009 09:44 AM / Originally at Huffington Post Change We Can Believe In: Feelings Toward the Administration by Those Who Elected It By Drew Westen OVER THE LAST COUPLE OF WEEKS I’VE BEEN HEARING RUMBLINGS. – They’re not from the staged or misinformed protestors at town hall meetings who have decided that [...]
[LEO HINDERY, TYCOON WITH UNUSUAL IDEAS ABOUT EXECUTIVE PAY.] So how much wealth have the world’s wealthy lost since the global economy oozed into meltdown mode last September? And how has that meltdown impacted how average people feel about the fabulously wealthy? Good questions. Last week brought some answers.
The first set came from two corporate pillars of the financial “wealth management” community. They’ve just released the first comprehensive survey of grand fortune in the post-meltdown global economy…
By Tom Eley 14 May 2009 A government report made public Tuesday indicates that Social Security and Medicare will deplete their trust funds more quickly than previously forecast. This has sparked new demands from within the US financial elite for substantial cuts in the two entitlement programs, which pay retirement and medical benefits for tens [...]
IMAGE: JOHN PIERPONT MORGAN, the quintessential “financial buccaneer.” This is a retouched picture since Morgan suffered from an advanced case of rosacea that severely deformed his naturally bulbous nose. And is that a butcher’s knife on his left hand or the chair’s arm?
“The IMF announcement is in fact the start of a worldwide program of genocide similar to what was done to Russia in the 1990s, with crushing poverty, slashing of incomes, reduction of benefits for the poor and elderly, rising levels of disease and malnutrition, and reduction of life expectancy. We in the West will view the carnage with alarm from our own stripped-down economies but remain docile out of fear the same will be done to us….”
Leveraged buyout king Henry Kravis is emblematic of the modern American plutocracy. By Larry Chin Wall Street is in the midst of a huge rally, primarily sparked by two recent occurrences. Dateline: Global Research, April 14, 2009 The first was the “surprising” announcement that Citigroup, JP Morgan Chase and Bank of America — major “zombie” [...]
April 2, 2009 Give Obama a Chance to Do What? By Kevin Gosztola IF IT WEREN’T FOR ALL THE EXCUSES BEING MADE for Obama’s and his administration’s actions, I would feel a whole lot better. I think others who suffered under the Bush Regime would too. The populist anger across America is refreshing. People are [...]
Dateline: New York Times | March 21, 2009 | Op-Ed Why has there been so little transparency and so much evasiveness? The answer is that too many of the administration’s officials are too marinated in the insiders’ culture to police it, reform it or own up to their own past complicity with it. By Frank Rich A [...]