Another great report.
Despite international pressure, Icelanders have jailed their crooked bankers, because of their criminal acts in the 2008 financial crisis, and now every Icelander will receive a payout for the sale of one of its three largest banks. Meanwhile, U.S. banking criminals were rewarded for their fraud and market manipulation with an enormous bailout at the taxpayer’s expense.
Because major banks, like JP Morgan, have become more dependent on buying and selling stocks, bonds and commodities like oil, they are shunning cash deposits because it is a liability due to government regulations associated with deposits.
Stealing from Social Security
64 Senators voted to steal $150 billion from Social Security for the next three years and give it to the Disability Insurance Trust Fund and kick the can down the road. This is more proof that we need term limits.
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