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S&P downgrades top US banks’ credit ratings

This should be no surprise to anyone, but investors always seem to react to this as brand new news.  With all the foreclosures all over America, it should be obvious that the banks will suffer from all the bankster crimes they committed.  I truly hope our government doesn’t bail them out again with our taxpayer [...]

Occupy Wall Street protests growing

My friend mentioned this story to me yesterday and asked if I heard of it. I told him I have but only online.  He thought it was funny that mainstream media doesn’t cover the protests when he watched the local news.  I think I did see a quick 5 second clip on the world news [...]

Our government keeps wasting taxpayer money…$535 million down the toilet

Yes, our government literally wastes our taxpayer money almost everyday. We are 15 trillion dollars in debt and yet we waste half a billion dollars on a company that goes bankrupt. On top of that, our government knew it was going bankrupt, yet the Obama administration fast tracked $535 million to a solar [...]

Bank Of America may cut 40000 jobs

This BofA news seems to get worse by the headline. I just blogged about BofA laying off up to 30,000 people recently and this update has 10,000 more people getting the axe.  Ironic, the executives are still raking record bonuses.  If my memory serves me correctly, BofA also did take taxpayer money.  I would have [...]