What does one TRILLION dollars look like?

All this talk about “stimulus packages” and “bailouts”… A billion dollars… A hundred billion dollars… Eight hundred billion dollars… One TRILLION dollars… What does that look like? I mean, these various numbers are tossed around like so many doggie treats, so I thought I’d take Google Sketchup out for a test drive and try to […]

Bailout Money – Instead of Being Used to Stabilize the Economy or Even the Bailed-Out Companies – is Just Going to Line the Pockets of the Wealthy

The bailout money is just going to line the pockets of the wealthy, instead of helping to stabilize the economy or even the companies receiving the bailouts: Bailout money is being used to subsidize companies run by horrible business men, allowing the bankers to receive fat bonuses, to redecorate their offices, and to buy gold […]

Former Countrywide executives cash in on federal housing bailout

After overseeing a company at the very center of the still-imploding U.S. mortgage market, a dozen former executives are now poised to make millions from the housing crisis. Stanford L. Kurland, the former president of Countrywide Financial the bank that has become most synonymous with the bad mortgage lending practices that eventually caused the housing […]

GM finance arm silent on crucial Govt bailout

Ok, so  the car manufacturers conned their workers into believing they are trying to save their jobs. Only they will have to take lower pay and longer hours and the squeeze a measly 15 billion out of the US congress and than they become banks and fleece their workers out of billions and billions of […]

Oil companies plan on higher crude prices

LONDON (Reuters) – Oil firms are using higher price assumptions for planning their businesses, making a greater range of projects viable and a sign that the floor for prices in the long run is moving up. Companies such as BP Plc (BP.L: Quote, Profile, Research) and Royal Dutch Shell Plc (RDSa.L: Quote, Profile, Research) have […]

90 yr old faces losing her home over Blue Chip – report

I would like to know what John Key intends to do about fraudulent and irresponsible financing companies. No wait I already know the answer. Nothing! John Key made most of his money in the most deregulated banking system since the great depression. Speculating in currencies and Bonds and derivatives. Gwendoline Harrison is plagued by nightmares […]