Category Archives: occupy wall street

Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street


Neil Barofsky in his book “Bailout”, explain how the Obama administration allowed banks to use the money as they pleased. Although the bailout was signed by George W. Bush, the Obama administration let the business as usual continue. Neil Barofsky explains how this happened in this short video clip with […]

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The Justice Department settlement with Bank of America and the effect on the housing market


Lately, every time I turn on the news or read an article it’s about Bank of America. BOA over the last few months has seen a downward trend in the stock market. A month ago Bank of America was threatening to raise ATM fees to help raise money they lost […]

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#OWS take over of foreclosed homes would make Danial Shay proud.


It looks like the American people has picked up their history books and have taken the page out on this new idea, to occupy foreclosed homes. Yesterday, occupy wallstreet turned into occupy homes in more than two dozen cities. The majority of these home were foreclosed on b/c of corporate […]

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Poverty on the rise for years to come.


The official data by the census on poverty is bad news for the future of this country. The poverty rate is rising with no end insight. According to the new data release today: The new indicator, called the Supplemental Poverty Measure, estimates that 49.1 million were grappling with very difficult […]

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Banks just don’t understand….


This has been a bad years for banks and financial institutions. These companies have laid off workers, cut pay, cut medical benefits, etc but one thing is constant. The fat cats continue to get their bonuses. Today Goldman Sachs reported a lose for the first time since 2008 but their […]

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Is the “American Dream” to by a home?


The American Dream was a house with a white picket fence, but after the recession of 2008 buying a home is not all that American.  Growing up, my dad continued to tell me buying a home is the best investment anyone could make but I never understood why I would […]

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