December 28, 2011 02:09 PM
More on How Banks Cheat Taxpayers...
Rolling Stone's Matt Taibbi has a new post out on "How Banks Cheat Taxpayers."
This is certainly an all too familiar refrain:
By "negotiated underwriting," what Bloomberg means is, "local governments just hand the bid over to the bank that tosses enough combined hard and soft money at the right politicians."
Anyways, it's my "must read" recommendation for today, so go check it out.




(I hope we get them back one day...)
audit-prosecute-incarcerate
what a "free market" is?
CTHULHU 2012 "Why vote for a lesser evil?"
http://www.huffingtonpost.com/2011/04/26/fed-...
The Fed loans money to banks at below market interest rates, which the banks in turn invest in treasuries that pay a higher interest rate than what the Fed is charging the banks. Nothing but pure and simple corporate welfare.
The U.S. government - the best government that money can buy.
...now arrive via a B of A debit card.
You don't suppose.........?
State of Kansas uses Citibank debit cards.
Yet again, someone's making money off the poor.
J.P. Morgan.
http://theeconomiccollapseblog.com/archives/t...
audit-prosecute-incarcerate
That's just great :)
Corruption favors the wealthy.
The MF Global bankruptcy should be a wake up call that your investments are at risk of being stolen. Meanwhile your savings are being devalued by the Fed's insane monetary policy. Buy physical gold and silver to protect your wealth.
Yup , pretty much world wide , not only here in America the beautiful .
"The poor have sometimes objected to being governed badly; the rich have always objected to being governed at all."
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