Discussion of Housing Bubble, US Dollar, Debt, Trade Deficit, Oil, Gold, Consumer Spending, Central Banks, Inflation, Outsourcing and the Bleak Future of the US economy
This Blog and/or the articles contained within have been referenced, linked or quoted in: Businessweek online, WSJ Online, Dollar Collapse, Safehaven, Silverbear Cafe, Financial Armageddon, Yahoo & Google Finance -- among many other blogs & web-pages... Thanks for stopping in for a read!
Sunday, June 06, 2010
Banks are still the powerhouse in DC
Bank lobbyists outnumber reform lobbyists 11 to 1 on derivatives legislation alone... So what did we get for bailing out the financial sector? BIGGER BANKS WITH MORE POWERFUL LOBBYISTS!