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Showing posts with label social division. Show all posts
Showing posts with label social division. Show all posts

Saturday, January 8, 2011

Obama cuddles up to Wall Street

Obama cuddles up to Wall Street


In Washington DC, there are many relationships being formed between Wall Street and US politicians. Half way through President Obama's first term, what has he shown as a result of his economic policies with an economy still sputtering? Author Les Leopold says President Obama's Administration is filled with ex-Wall Street bankers, which solidifies the obvious; Obama has no intention of a Wall Street crackdown. He is going to let the largest banks get bigger, they are going to walk off with wild profits and bonus' and he is going to hope it doesn't crash on his watch


Wednesday, December 29, 2010

Put main street before Wall Street

Put main street before Wall Street


America spends as much as every other country combined on their defense, yet the American people continue to suffer without jobs and hope. With Wall Street receiving record bonuses, what can be done? Professor and Economist Michael Hudson says the press and the media are not telling people that there is another alternative, put main street before Wall Street, it seems simple enough.

Monday, December 27, 2010

Corporate America screwing the little guy

Corporate America screwing the little guy

As the American unemployed continue to struggle, Wall Street is making record profits and shelling out huge bonuses. With the US government is spending billions on wars abroad but neglecting its own people at home the holiday season looks bleak. Economist Max Fraad Wolff says because so many people are without a job, the social division between profits and wages has tilted further towards profit

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