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Senate #HCR Bill | State-Based Health Insurance Exchanges
Check out current #HCR bill's state-based purchasing exchanges:
SEC-OIG / Government Reports / Audits / Inspections / 2009
SEC's inspector general issues a 46-page report on fixing the enforcement division, addressing how the agency dropped the ball on complaints about Bernard Madoff's scheme.
Obama marks crisis by urging Wall Street to act before Congress | Obama said he expects Wall Street “to embrace serious financial reform, not fight it.”
“You don’t have to wait to use plain language in your dealings with consumers. You don’t have to wait to put the 2009 bonuses of your senior executives up for a shareholder vote,” Obama said. “You don’t have to wait for a law to overhaul your pay system so that folks are rewarded for long-term performance instead of short-term gains.”
TARP Oversight Report | U.S. Senate | April 2009
April 7, 2009. April Oversight Report. Assessing Treasury's Strategy: Six Months of TARP.
Why Do We Need Banks?
Banks are just middlemen. They take your money and lend it to you and others at a higher price. They shouldn't be private enterprises, either.
Private Profits and Socialized Risk | Full Text PDF Report
Government/Taxpayers Take the Risks, Bank Shareholders Take the Profits: You might argue that stockholders are not taking the risk, all US citizens are. This, I think, has been thoroughly debunked under the now-famous catch-phrase “Private Profits and Socialized Risk.” It has been shown that that the government, not the banks, took that risk. So I do not see any reason for private individuals to have profited in the past, nor to profit in the future.
http://open.salon.com/rss/kent_pitman
The Money Banks Play With is YOUR Mondy
People often forget that banking is a fractional reserve system. Folks put in deposits and earn an interest rate. The bank lends that same money out at a higher rate and keeps the difference.
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