In the course of addressing the concept of people helping each other, and this presidential campaign where the candidates talk of pushing the tax burden on the very rich, the top few % of the population – there’s a great deal of criticism or sarcasm. Marx’s concept of ‘FROM each according to his ability; TO […]
Tag Archives: Wall Street
Mortgage Backed Securities are like boxes of chocolates. Criminals on Wall Street stole a few chocolates from the boxes and replaced them with turds. Their criminal buddies at Standard & Poor rated these boxes AAA Investment Grade chocolates. These boxes were then sold all over the world to investors. Eventually somebody bites into a turd […]
[Note: You will find all working links in the Resource Box below, as always.] Today TaxMama sits here, scouring the news sites for tangible information about the Legislature’s voting over the weekend. What’s the final score on the $700 billion bailout? What else went down while we were caught napping? First of all, the California […]