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Matt Taibbi on Deluded Tea Partiers, Ayn Rand and How the U.S. Is Like the Soviet Union... - 0 views

www.alternet.org/..._u.s._is_like_the_soviet_union

Matt Taibbi on Deluded Tea Partiers Ayn Rand and How the U.S. Is Like Soviet Union | AlterNet

shared by thinkahol * on 05 Feb 11 - No Cached

thinkahol * on 05 Feb 11

Every country has scam artists, but only in a dying country are they part of the power structure.

<div class="cArrow"> </div><div class="cContentInner">Every country has scam artists, but only in a dying country are they part of the power structure.</div>

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Attorneys General Settlement: The Next Big Bank Bailout? | Matt Taibbi | Rolling Stone - 1 views

www.rollingstone.com/...next-big-bank-bailout-20111005

Attorneys General Settlement: The Next Big Bank Bailout? | Matt Taibbi Rolling Stone

shared by thinkahol * on 09 Oct 11 - No Cached

thinkahol * on 09 Oct 11

The point of all of this is, if you add up all of the MBS-related liability out there, the banks as it stands are facing an Armageddon of claims from all sides. It can't possibly be less than a trillion dollars, and it's probably much, much more. But the Obama administration's current plan is to let them all walk after paying a few shekels apiece into a $20 billion kitty.

<div class="cArrow"> </div><div class="cContentInner">The point of all of this is, if you add up all of the MBS-related liability out there, the banks as it stands are facing an Armageddon of claims from all sides. It can't possibly be less than a trillion dollars, and it's probably much, much more. But the Obama administration's current plan is to let them all walk after paying a few shekels apiece into a $20 billion kitty.</div>

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