So the Treasury HAS added to our liability side of the balance sheet by taking over AIG today - CNBC. Again I forget what the Constitution says about the government taxing us without a vote from Congress, so I don't mind. I think this is fantastic because any company that makes horrible business decisions and pays its top executives tens if not hundreds of millions of dollars is entitled to be bailed out by the taxpayer. Just be sure the golden parachutes are preserved.
Comrades we are experiencing the workers paradise. As soon as the government is responsible for ALL business in the United Socialist States of America, the sooner we will realize equality and happiness for all. Anyone mind having to fly to Kansas City to buy a toilet seat?
The experts agree We're going Full MMT So start buying gold Mauldin Economics on the prestigious Camp Kotok economic gathering: ...
Gothamist : A 58-year-old taxi driver killed himself in his Queens home this month, marking the eight suicide in the taxi industry this yea...
There are very few financial problems that can't be solved by a suitable application of asset bubbles.