Heads Of Financial Crisis Commission Call Wall Street Bonuses Unjustifiable, Vow To Investigate (EXCLUSIVE)
OPS_admin | Dec 08, 2009 | Comments 0
The chair and vice chair of the federal commission charged with investigating the causes of the financial crisis had harsh words on Tuesday for the Wall Street banks that are preparing to grant their executives enormous bonuses. And they said that the huge profits some banks have made as a direct result of a massive infusion of taxpayer funds are going to be part of the panel’s investigation.
“This dichotomy of record profits and bonuses on Wall Street while you have real unemployment of 15 percent-plus in this country is very striking,” Financial Crisis Inquiry Commission Chairman Phil Angelides said during a visit to The Huffington Post’s Washington bureau. “Our primary mission is not to re-litigate TARP, but I do think in examining the crisis it’s legitimate to look at where things stand today, and we’re going to do that.”
Angelides, a Democrat and former California state treasurer, and the commission’s vice chair, former longtime Republican Congressman Bill Thomas, said the commission will produce a report on the causes of the crisis by next December.
Full Story Heads Of Financial Crisis Commission Call Wall Street Bonuses Unjustifiable, Vow To Investigate (EXCLUSIVE).
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The oligarchs openly talking about a coup d'état in America?
Multi-millionaire lobbyist Grover Norquist is calling for the impeachment of President Obama. In an interview with the right-wing National Journal - Norquist warned that if President Obama wins re-election and decides to let the Bush tax cuts for the top 2% expire at the end of the year - then Republicans will "have enough votes in the Senate in 2014 to impeach [him]."What does that mean? It means that the super rich in America - and their political operatives like Norquist in Washington, DC - have now compared a tiny tax increase on the wealthy to high crimes and treason - the only Constitutional basis Congress can use to impeach a President. It sounds like the oligarchs are now openly talking about a coup d'état in America.-Thom(Do you think will try it? Tell us here.) -
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" We the corporations" On January 21, 2010, with its ruling in Citizens United v. Federal Election Commission, the Supreme Court ruled that corporations are persons, entitled by the U.S. Constitution to buy elections and run our government. __________
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. 
