Senator Chris Dodd talks up his supposed financial reform bill and states “were not going to punish the banks”. Why the “bleep” not?
Posts from ‘March, 2010’
Michael Moore: Remove money from politics
Mr. Moore makes some very astute observations as per usual. Visit msnbc.com for breaking news, world news, and news about the economy Source: MSNBC-Dylan Ratigan | Michael Moore
KPIG Radio March 18
Much of the debate regarding true economic recovery centers around employment. While the rate of job loss has nearly ceased in the last several months job creation remains elusive.
KPIG Radio March 17
One has to be ever mindful of the old maxim “there are lies, dam lies and statistics”, because statistics can and frequently are presented in a manner that furthers the agenda of the individual and or entity presenting them.
New CA speaker grants OUTRAGEOUS Assembly pay hikes
Not only is this raise completely outrageous given the current budget circumstances, economy and pay scale of equivalent positions. It shows that Mr. Perez is a blatant hypocrite based on his Swearing In Speech, excerpted below.
KPIG Radio March 16
Our Congress Critters have been hard at work crafting financial regulatory reform, Elizabeth Warren TARP Special investigator characterized it as either being pro family or pro banking sector.
Inside The Collapse
An interesting perspective on the current fiasco. None of the material is really new nor are their any surprising revelations but Michael Lewis and Steve Kroft do a good job with the presentation. A handful of Wall Street outsiders who realized the sub-prime mortgage business was a house of cards and found a way to [...]
KPIG Radio March 15
Puts the spotlight on the 2.5 trillion in IOU’S that make up the Social Security Trust funds, seems to me this makes a mockery of the whole concept of “Trust Funds” but what do I know.
KPIG Radio March 12
Lehman Brothers Bankruptcy Examiners Report, in a nutshell it is a parade of hubris, executive incompetence, accounting gimmicks, the use of derivatives to inflate the balance sheet
KPIG Radio March 11
Rapacious transactions similar to this have been engineered by the banks on a global scale, cites, counties, school boards, pension plans, states and nations have been victimized wholesale.
Hi and welcome to The Profit Motive, I’m your host Caleb Lawrence. Once upon a time in America the media acted as the watchdog of the corporations and the state. In the modern era it’s all about ratings and profits, opinion has been substituted for news and frequently is presented as fact. 
