Rich Germans Demand Higher Taxes
A group of rich Germans has launched a petition calling for the government to make wealthy people pay higher taxes....
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Taxpayer Money
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Money Spent On Perks, Fringe Benefits Rose At Bailed Out Banks Last Year
Washington Post | Tomoeh Murakami Tse | Posted 10.20.2009 | Business
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Even as the nation's biggest financial firms were struggling and the federal government was spending hundreds of billions of dollars to save many of t...
Concerns Grow About Another Mortgage Giant
nytimes.com | LOUISE STORY | Posted 10.08.2009 | Business
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WASHINGTON -- First it was Fannie Mae and Freddie Mac. Now concern is growing that another government mortgage giant might teeter, just as the nation'...
Passive Bank Directors Pose Systemic Risks
Emma Coleman Jordan | Posted 09.24.2009 | Business
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A new report finds that an amazing 92 percent of the directors of TARP recipients who were in place before the financial crisis of 2008 still hold their jobs.
SBA's ARC Loans Are Stimulating the Wrong Businesses
Jerry Chautin | Posted 10.22.2009 | Business
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SBA expects 60 percent of its ARC loans to go into default even though principal payments are not due for 12 months. So save this column to help you remember why you should be outraged.
Is Bank of America Bad for America?
John Hood | Posted 10.19.2009 | Living
Here I am, one of the taxpayers who helped give Bank of America billions of dollars; hell, helped them buy Merrill Lynch for Zeus' sake! And still they fleece me every chance they can get.
Louisiana Dems File Ethics Complaint Against Vitter
The Hill's Briefing Room | Michael O'Brien | Posted 09.21.2009 | Politics
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Taxpayer Money,
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The head of the Louisiana Democratic Party filed an ethics complaint against Sen. David Vitter (R-La.) on Friday, accusing Vitter of using his taxpaye...
Public-Private Investment Program: What's the Point?
Jim Randel | Posted 08.27.2009 | Politics
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PPIP will put decisions about people in mortgage trouble into the hands of private capital with no interest in the public agenda.
Health Bill Might Direct Tax Money To Pay For Abortions
New York Times | ROBERT PEAR and ADAM LIPTAK | Posted 08.19.2009 | Politics
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An Obama administration official refused Sunday to rule out the possibility that federal tax money might be used to pay for abortions under proposed h...
Payback's Not a Bitch: 10 TARP Recipients Get Green Light to Repay $68 Billion to Treasury
Jill Schlesinger | Posted 07.10.2009 | Business
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For those who think that the government bailed out Wall Street, you're right and you're wrong. Yes, taxpayers extended a lifeline to ensure that the system didn't collapse, but in the case of these yet-to-be named players, taxpayers made out quite nicely.
The Greatest Swindle Ever Sold
Andy Kroll | Posted 06.26.2009 | Business
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It's not your health that the government is focused on, it's theirs -- the very banks whose convoluted financial systems brought us to the brink of another Great Depression.
Air Force One Photo Op Could Cost Taxpayers Between $27,500 And $213,000
HuffingtonPost.com | Sam Stein | Posted 05.29.2009 | Politics
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000 Photo Op,
Air Force One,
$200,
Air Force,
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With Reporting By Arthur Delaney The cost of an Air Force One photo-op over the Statue of Liberty that ended up frightening scores of New Yorkers lik...
"The Jim Crow Laws of the 21st Century": Will New York Change?
Odile Weissenborn | Posted 04.26.2009 | Politics
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California Prison System,
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Madoff Jail,
Errol Louis,
Alternative Treatment Drug Offenders,
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In New York, the 36-year-old Rockefeller Drug Laws may be massively overhauled.
Romer: "We're Pursuing Every Legal Means" To Undo AIG Bonuses
Huffington Post/Fox News/CNN | Marcus Baram | Posted 04.15.2009 | Politics
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A growing bipartisan chorus of lawmakers is condemning insurance giant AIG for deciding to pay out $165 million in bonuses despite receiving $170 bill...
AIG Outrage Dominates Sunday Shows
HuffingtonPost.com | Sam Stein | Posted 04.15.2009 | Politics
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Larry Summers,
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Barney Frank,
Video,
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Republicans and Democrats alike expressed "outrage" with the news that insurance giant AIG had decided to pay out $165 million in bonuses despite rece...
Taxpayer Money: Banks Take $211 Million In Fees For Bond Auctions That Never Happened
Bloomberg | Darrell Preston | Posted 04.10.2009 | Business
March 10 (Bloomberg) -- From Carnegie Hall in New York to the Los Angeles bus and subway system, American taxpayers are paying investment banks millio...
Obama and Volcker: Economic Solutions, Good; Summers and Geithner: Financial Solutions, Not Good.
Saskia Sassen | Posted 02.27.2009 | Business
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The shadow banking system is not illegal or clandestine. It is in the open, but it has thrived on the opaqueness of the investment instruments, facilitated by their complexity.
Too Big to Succeed
John Standerfer | Posted 02.23.2009 | Business
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What we don't appear to understand yet is that no amount of money, time or regulation can possibly resolve this problem while a few banks continue to hold the entire nation hostage.
A Response To Rep. Elijah Cummings
Chris Weigant | Posted 12.25.2008 | Politics
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The loopholes which allow such corporate excess were not exactly handed down to Moses on tablets -- each and every loophole was approved by Congress.
Friday Talking Points [55] -- "Bretton Woods II"? Not Quite.
Chris Weigant | Posted 12.15.2008 | Politics
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I have to begin here today by stomping all over a cutesy term the media has come up with for the upcoming economic "summit" George W. Bush is holding ...
Dollars for Deception: How Taxpayer Dollars Support Fake Clinics
Katherine Spillar | Posted 12.08.2008 | Politics
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Taxpayer Money,
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Women's Rights,
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One particularly odious proposed change to HHS regulations would make it even harder than it already is for poor women to get abortions -- or even contraception.
Bill Clinton's Post-Presidential Perks Cost Taxpayers Almost As Much As Carter, Bush 41 Combined
Politico | By KENNETH P. VOGEL | Posted 04.18.2008 | Politics
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The Clintons have made a $100-million fortune since leaving the White House, but a Politico analysis found that hasn't kept Bill Clinton from taking f...
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BBC NEWS | Posted 10.23.2009 | World