CHESSNOID

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 [...]

The banks ask for a taxpayer bailout and our corrupt government grants it.  The banks promised they will help the people (taxpayers) by doing loan modifications and start lending more money out.  Instead, they lie about doing the mods and foreclose on people who are working with them and instead of loaning the borrowed money [...]

This is an example of how inefficient our government is.  We bailed out for-profit private banks with public taxpayer funds (aka Moral Hazard).  These banks should have been allowed to fail since they were insolvent.  That is why we have the FDIC.  Instead we heard a load of crap that they were “too big to [...]

The article “I Voted for Obama, Now I’m Voting for Ron Paul” is in the Huffington Post by Anthony Anderson. I think many young people were suckered into voting for a politician who broke all his promises. And I do mean suckered with lines like change we can believe in (chessnoid slaps his [...]