Wall Street Pay Cuts? White House Plan Has Loopholes

by Rich Blake, ABC News
The details of the Obama administration’s efforts to curb excessive compensation on Wall Street emerged Thursday, with dual announcements from pay czar Kenneth Feinberg and the Federal Reserve Board. And while the potential loopholes do not appear large enough to drive the proverbial armored truck through, the securities industry is already [...]

US bankers cash in despite phony pay restraint

by Patrick Martin, WSWS
The executive pay regulations announced Thursday by the Obama administration’s “pay czar” and the Federal Reserve represent a cynical attempt to placate public outrage over Wall Street bonuses while allowing the financial speculators to continue awarding themselves multi-million-dollar compensation packages.

Chris Dodd is a Lying Warmonger of the “Democrat” Kind

by Scott Creighton
One of the key players in the recent banking coup of the U.S. delivered a stunningly dishonest warmongering speech the other day on the floor of the U.S. Senate, and NO, it wasn’t a republican. 
Chris Dodd has been chairman of the Senate Committee on Banking, Housing, and Urban Affairs since Jan 2007.  A number [...]

Wake Up Call – New World Order (remastered) 2008

First of All… He Does Lie. Second… You SHOULD have Called Bush a Liar

by Scott Creighton
All Lit Up with No Place to Go
The fake progressive blogosphere is lit up today over the republican lawmaker who had the audacity to yell out “You lie!” during Obama’s speech last night. And that is just as they want it because the Obama/DLC/Clintonista White House certainly appreciates a good distraction when they [...]

Breaking Quarantine: How the Obama Administration is Infecting the Global Economy

by Scott Creighton
Look at it this way: the rest of the industrialized world views our unique, selfish, greedy, primitive form of commodity driven healthcare as a hideous indictment of the weakness of the American citizen.  In their eyes, we don’t have enough brains or heart to stand up and demand what the rest of the [...]

Barack O’Bush to Boost 401(k) Enrollment for Wall Street

by Scott Creighton
The Obama administration’s hypocrisy is absolutely breathtaking.
At a time when the “adjusted/new math” unemployment numbers  show that there are more people out of work than there have been since 1983, and the major banks are consolodating even more power through control of the market shares via the government’s many varied bailout schemes, Barack [...]

Obama’s Job Hemorrhaging, Union-Busting “Recovery” Rolls On

by Scott Creighton
As the corporatist shills drone on about the “success” of the Obama Stimulus Package, more and more jobs melt away like the steel trusses in the Twin Towers.  The lucky few that still cling to their paychecks by their fingernails are “persuaded” to accept less and less for each day of their labor [...]

Quarantine: The Global Element of the Healthcare Debate

by Scott Creighton
Let’s stop kidding ourselves.  We are a sick nation.
If we stay on the course we are on, desperately begging corrupted politicians for some political solution, the health care “reform” bill will pass and it will do so without a “viable” public option (phony corporate-run “co-ops” not withstanding).  The multinational insurance industry and the [...]

The International: The TRUE Value of Conflict (and the nature of “Globalization”)

by Scott Creighton
“You control the debt, you control everything. This is the very nature of banking. To make us all, whether it is a nation or an individual, slaves to debt.”

Insider trading prior to 9/11,  Put Options, the promise of the privatization of Iraq’s central banking system… (one of the first things Paul Bremmer did [...]