The Economy – Articles

Middle class in shambles – more debt, more job losses, more deceit. Banks attempt final push to br

On Friday the grim reality of more job losses for Americans was plastered across headlines.  What makes this even more distressing is this is occurring during what is supposed to be a recovery.  Yet most Americans realize that there is no recovery outside of Wall Street.  If anything, things have gotten progressively worse as foreclosures…

Wall Streets Bailout Hustle

  Goldman Sachs and other big banks aren’t just pocketing the trillions we gave them to rescue the economy – they’re re-creating the conditions for another crash  MATT TAIBBI On January 21st, Lloyd Blankfein left a peculiar voicemail message on the work phones of his employees at Goldman Sachs. Fast becoming Americas pre-eminent Marvel Comics…

401k/IRA Screw Job Coming?

Now this is a guaranteed rape job. In a short conversation this noontime that CNBC apparently has omitted from their archives (Whys that folks?) Rick Santelli was talking about a potential to effectively force money into the Treasury market. Where would they get this? From your 401k and IRA accounts! From Businessweek:

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