Tag Archive for recession

What Past Presidents Thought About Big Banks

Image from http://www.indybay.org/newsitems/2010/04/27/18645943.php

The Occupy Wall Street protesters have been standing against the big banks for a few months now. They are protesting the greed, irresponsibility, and fraud that banks like Bank of America, Citigroup, and JPMorgan Chase commit on a daily basis. The big banks of Wall Street caused an economic collapse.

Growing Bains

blog_romney_bain

While it is certainly true that the dynamics behind the financial crisis and what Bain Capital did during the years Mitt Romney ran it are different, the essence of both are frighteningly similar.

The Dark Legacy Of Reaganomics

reaganomics blues

For half a century – from the depths of the Great Depression until the rise of Ronald Reagan – the U.S. government invested in building the nation and funding key research. And the country flourished. But Reagan then reversed those priorities.