JPTinKY

AIG Bonus Outrage Only Grows Worse

OK, Remember the scene in "Stranger than Fiction" when the bakery owner told the IRS agent that she only paid part of her income taxes because she wanted her tax money to go to roads, and schools, and not to big corporate executive bonuses and bailouts? Well, do the American taxpayers have enough courage to do the same thing? What if every American taxpayer refused to pay 50% of our income taxes for 2008 and specify that we refuse to pay for misappropriated bonuses for undeserving corp. executives, bankers, rating agents, etc. that created this mess in the first place. Bankers have already confessed that they approved mortgages for dead people in order to feed the Wall Street behemoths...and AIG insured all of this foul fodder to feed the monster...and now the fed wants us to pay up to feed all those involved in these llegal dealings? We are sick of double talk, excuses and lies. We are sick of shouldering the burden of those white collar criminals who take their bonuses and then thumb their noses at us.This is not capitalism...this is not socialism...this is not communism...what is this anyway?

Cramer's Mad Money - AIG: Criminal or Stupid? (3/18/09)

OK, Remember the scene in "Stranger than Fiction" when the bakery owner told the IRS agent that she only paid part of her income taxes because she wanted her tax money to go to roads, and schools, and not to big corporate executive bonuses and bailouts? Well, do the American taxpayers have enough courage to do the same thing? What if every American taxpayer refused to pay 50% of our income taxes for 2008 and specify that we refuse to pay for misappropriated bonuses for undeserving corp. executives, bankers, rating agents, etc. that created this mess in the first place. Bankers have already confessed that they approved mortgages for dead people in order to feed the Wall Street behemoths...and AIG insured all of this foul fodder to feed the monster...and now the fed wants us to pay up to feed all those involved in these llegal dealings? We are sick of double talk, excuses and lies. We are sick of shouldering the burden of those white collar criminals who take their bonuses and then thumb their noses at us.This is not capitalism...this is not socialism...this is not communism...what is this anyway?

Rating the Top 12 U.S. Banks - From Hidden Gems to Zombies

It's time to rename T.A.R.P. to
Bad Assets Relief Fund or B.A.R.F

Wall Street Breakfast: Must-Know News

With all the bank industry abuses to the bailout program,
(Bank Of America, Citi, Merrill, etc) it's time to rename T.A.R.P. (Troubled Asset Relief Program)
to B.A.R.F. (Bad Asset Relief Program)