I ‘t know who is stupider: Is it Neel Kashkari, Bush Treasury’s former architect and Obama’s administrator of the TARP plan for purchasing toxic bank assets, who today lectured the elderly on why they should accept cuts in Social Security and Medicare because shared sacrifice is the way to save American free enterprise? Or…….
I ‘t know who is stupider: Is it Neel Kashkari, Bush Treasury’s former architect and Obama’s administrator of the TARP plan for purchasing toxic bank assets, who today lectured the elderly on why they should accept cuts in Social Security and Medicare because shared sacrifice is the way to save American free enterprise? Or…….
BP to sell Vietnam assets to help pay oil spill costs | Toxic Waste Facts
BP to sell Vietnam assets to help pay oil spill costs | Toxic Waste Facts
Either in anticipation of QE2 which will cut the value of the dollar by another 50% once another $2 trillion in toxic crap becomes the assets backing the viability of the dollar, or just because they are sick of Fed policies, mid-Michigan has taken monetary matters into their own hands, and in one simple act, [...]
As over-leveraged investment houses began to fail in September 2008, the leaders of the Republican and Democratic parties, of major corporations, and media agreed that spending some $700 billion to buy the investors’ “toxic assets” was the only alternative to the U.S. economy’s “systemic collapse.” The public objected immediately, by a 4:1 margin.
The banking crisis in Europe is deep-rooted and will not be solved before toxic assets are written down. In addition, austerity measures will slow down growth which is much needed to alleviate bank’s problems.
“Our institutions and communities have recently failed stress tests that pushed system designs beyond intended limits: whether it’s toxic exurban real estate assets, climate-altering pollution or deepwater oil drilling…”
“Our institutions and communities have recently failed stress tests that pushed system designs beyond intended limits: whether it’s toxic exurban real estate assets, climate-altering pollution or deepwater oil drilling…”
The latest Rasmussen Presidential Tracking Poll should have Democrats plotting methods in which to disassociate themselves from President Obama. A stunning 57% of voters now say they do not approve of the President’s performance, with …
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