Ellen Brown opinion, derivatives caused bank failures

Ellen Brown opines that financial derivatives were the cause of the recent financial instituion failures, like AIG, Lehman, etc.

Some Government regulation, which is actually applied by the regulators & not just on the books but toothless, is necessary to prevent these Corporate Welfare rip-offs. How is that not obvious to ReThuglicans?

Don't Wait in 08

this is a local Atlanta metro effort to encourage advance voting, since apparently Georgia is notorious for long lines & other nonsense on election day.

GILF PalInsane = Liar

McSame gaff: McSame thinks Spain in Latin America

ffwd to 3:00 in this youtube clip. McSame is being interviewed by a Miami radio station.


Time also reports here.

McSame apparently does not know
1 Spain is not in Latin America
2 Spain is a fellow NATO ally

McSame is a moron on foreign policy.

UPDATE

Investment Bank, RIP

good articles 1 2 on future of investment bank industry.

The industry's current revenue model is done. Good riddance on these Corporate Welfare Whores.