Posts Tagged ‘tarp’

WALL STREET and SEX DOLLS

January 14, 2010

OK, WE KNOW YOU CAME FOR THIS, so we’ve put it up front Department: (We also know it is sexist as hell, but please don’t hurt us. We’re only reporting).

‘She Orgasms When You Touch Her’: The World’s First Sex Robot? By Tana Ganeva, AlterNet. January 14, 2010.

Sadly, humanity has reached 2010 without flying cars or personal-use jetpacks. But not without sex robots.

At AVN Media Network’s recent Adult Entertainment Expo, Douglas Hines of True Companion announced the release of a digitally programmed robot that’s like a real woman, only much better.

“She is anatomically consistent with a real person. She has three inputs, so …. what you can think of … for a woman … she can do,” Hines assures. “But she can do a little more than a woman. Her outside comes in blonde, ginger and brunette. Her inside hosts five different awesome personalities, instead of a single boring one, including Frigid Farah, Mature Martha, Wild Wendy and S & M Susan.

It’s not just about the sex, though. According to the True Companion Web site, “She will also be able to talk, listen, carry on a conversation, feel your touch and be your true friend.” (But it’s also a lot about the sex: “She can also have an orgasm when you touch her!”)  Users can imbue their companions with entirely different personalities or build on existing ones. They can then hook Roxxxy into the True Companions Web site and share new features with other users—yet another characteristic sadly lacking in flesh-and-blood women – by way of a 5-foot-7, 120-pound plastic doll that “has a full C cup and is ready for action.”)

True Companion’s efforts to improve upon human women are hardly new. A staple of sci-fi, the fembot has also become a fixture of expos and some specialty markets (mostly in Japan). (This piece on Designboom.com gives a useful history.)  Among them: Chinese opera robot, “a kind of simulated intelligent robot of person in drama with facial makeups in Beijing opera or other traditional opera mask, who can sing Beijing opera or other traditional opera.” And, Eternal Maiden Actualization (E.M.A.), released by Sega. While it looks like a storm trooper, it also has a “body that can move at the elbows, shoulders, waist and knees and is made to act like a ‘real girlfriend.’ E.M.A. can sing, dance and has a ‘love’ sensor for kissing,” according to Designboom.com.

Unfortunately, E.M.A. doesn’t seem primed for oral, vaginal and anal sex—something Roxxxy appears to have on most other fembots. So, for now those who can afford to spend thousands and thousands to have sex with a moving doll have limited options. Good thing Roxxxy is “Always Turned On and Ready to Talk or Play.” READ MORE:

http://www.alternet.org/sex/145151/%27she_orgasms_when_you_touch_her%27%3A_the_world%27s_first_sex_robot?page=entire

International Workers of the World

LEST WE FORGET; not so long ago:

America Slides Deeper Into Depression as Wall Street Revels by Ambrose Evans-Pritchard The Telegraph/UK

December 2010 was the worst month for US unemployment since the Great Recession began.

The labour force contracted by 661,000. This did not show up in the headline jobless rate because so many Americans dropped out of the system. Wall Street rallied. Bulls hope that weak jobs data will postpone monetary tightening: a silver lining in every catastrophe, or perhaps a further exhibit of market infantilism.

Realtytrac says defaults and repossessions have been running at over 300,000 a month since February. One million American families lost their homes in the fourth quarter. Moody’s Economy.com expects another 2.4m homes to go this year.

Between 1932 and 1934, half the US states declared moratoria or “Farm Holidays”. Such flexibility innoculated America’s democracy against the appeal of Red Unions and Coughlin Fascists. The home seizures are occurring despite frantic efforts by the Obama administration to delay the process.

US house prices have eked out five months of gains, but stalled in October in half the cities. Karl Case of Case-Shiller index says prices may sink another 15pc. “If the 2008 and 2009 loans go bad, then we’re back where we were before – in a nightmare.”

The US economy grew at a 2.2pc rate in the third quarter (entirely due to Obama stimulus). This compares to an average of 7.3pc in the first quarter of every recovery since the Second World War.

Professor Tim Congdon from International Monetary Research said the Fed is baking deflation into the pie later this year, and perhaps a double-dip recession. Europe is even worse.

However, an army of commentators is trying to bounce the Fed into early rate rises. They accuse Ben Bernanke of repeating the error of 2004 when the Fed waited too long. How anybody can see imminent inflation in the dying embers of core PCE, just 0.1pc in November, is beyond me.

Wall Street does not seem to agree with this grim analysis.

This is the same Mr Market that bought stocks in October 1987 when they were 25pc overvalued – exactly as they are today – and bought them at even more overvalued prices in 2007, long after the property crash, Bear Stearns funds imploded, and credit had its August heart attack. The stock market has become a lagging indicator. Tear up the textbooks.

© Copyright of Telegraph Media Group Limited 2010 READ MORE:

http://www.commondreams.org/headline/2010/01/11-7

"Play it again, Sam!"

ABSTRACT: full article link at end.  Probably the most important recent article on the topic, abstracted for essence.  Read the whole article.

Wall Street’s Plot to Wreck America Must Be Revealed By Frank Rich, The New York Times. January 11, 2010.

We know little about the financial WMDs that destroyed our economy. This week’s Financial Crisis Inquiry Commission hearings must shed light on what happened in the meltdown.

The crash precipitated by the 9/15 failure of Lehman Brothers, most are still ignorant about what Warren Buffett called the “financial weapons of mass destruction” that wrecked our economy.

What we don’t know will hurt us, and quite possibly on a more devastating scale than any Qaeda attack. Americans must be told the full story of how Wall Street gamed and inflated the housing bubble, made out like bandits, and then left millions of households in ruin. Without that reckoning, there will be no public clamor for serious reform of a financial system that was as cunningly breached as airline security at the Amsterdam airport. And without reform, another massive attack on our economic security is guaranteed. Now that it can count on government bailouts, Wall Street has more incentive than ever to pump up its risks — secure that it can keep the bonanzas while we get stuck with the losses.

The window for change is rapidly closing. Health care, Afghanistan and the terrorism panic may have exhausted Washington’s already limited capacity for heavy lifting, especially in an election year. The contrary voices of Americans who have lost pay, jobs, homes and savings are either patronized or drowned out entirely by a political system where the banking lobby rules in both parties and the revolving door between finance and government never stops spinning.

It’s against this backdrop that this week’s long-awaited initial public hearings of the Financial Crisis Inquiry Commission are so critical. This is the bipartisan panel that Congress mandated last spring to investigate the still murky story of what happened in the meltdown. Phil Angelides, the inquiry’s chairman, said that he will not allow the proceedings to devolve into a typical blue-ribbon Beltway exercise in toothless bloviation.

He wants to examine the financial sector’s “greed, stupidity, hubris and outright corruption” — from traders on the ground to the board room. “It’s important that we deliver new information,” he said. “We can’t just rehash what we’ve known to date.” He understands that if he fails to make news or to tell the story in a way that is comprehensible and compelling enough to arouse Americans to demand action, Wall Street and Washington will both keep moving on, unchallenged and unchastened.

Ferdinand Pecora, the legendary prosecutor who served as chief counsel to the Senate committee that investigated the 1929 crash as F.D.R. took office delivered  indictments, jail sentences and, ultimately, key New Deal reforms — the creation of the Securities and Exchange Commission and the Glass-Steagall Act, designed to prevent the formation of banks too big to fail.

As it happens, a major Pecora target was the National City Bank, the institution that grew up to be Citigroup. Among other transgressions, National City  repackaged bad Latin American debt as new securities that it then sold to easily suckered investors during the frenzied 1920s boom. Once disaster struck, the bank’s executives helped themselves to millions of dollars in interest-free loans. Yet their employees had to pony up salary deductions for decimated National City stock purchased at a heady precrash price.

Trade bad Latin American debt for bad mortgage debt, and you have a partial portrait of Citigroup at the height of the latest housing bubble. The reckless Citi executives of our day may not have given themselves interest-free loans, but they often walked away with the short-term, illusionary profits while their employees were left with shredded jobs and 401(k)’s. Among those Citi executives was Robert Rubin, who, as the Clinton Treasury secretary, helped repeal the last vestiges of Glass-Steagall after years of Wall Street assault. Rubin has never apologized, let alone been held accountable. But he’s hardly alone.

If Citi, among the most egregious of Wall Street reprobates, feels it can get away with business as usual, it’s because it fears no retribution. And it got more good news last week. Now that Chris Dodd is vacating the Senate, his chairmanship of the Banking Committee may fall next year to Tim Johnson of South Dakota, home to Citi’s credit card operation. Johnson was the only Senate Democrat to vote against Congress’s recent bill policing credit card abuses.

Though bad history shows every sign of repeating itself on Wall Street, it will take a near-miracle for Angelides to repeat Pecora’s triumph. Our zoo of financial skullduggery is far more complex, with many more moving pieces, than that of the 1920s. The new inquiry does have subpoena power, but its entire budget, a mere $8 million, doesn’t even match the lobbying expenditures for just three banks (Citi, Morgan Stanley, Bank of America) in the first nine months of 2009. The firms under scrutiny can pay for as many lawyers as they need to stall between now and Dec. 15, deadline day for the commission’s report.

More daunting still is the inquiry’s duty to reach into high places in the public sector as well as the private. The mystery of exactly what happened as TARP fell into place in the fateful fall of 2008 thickens by the day — especially the behind-closed-door machinations surrounding the government rescue of A.I.G. and its counterparties. Last week, a Republican congressman, Darrell Issa of California, released e-mail showing that officials at the New York Fed, then led by Timothy Geithner, pressured A.I.G. to delay disclosing to the S.E.C. and the public the details on the billions of bailout dollars it was funneling to its trading partners. In this backdoor rescue, taxpayers unknowingly awarded banks like Goldman 100 cents on the dollar for their bets on mortgage-backed securities.

Why was our money used to make these high-flying gamblers whole while ordinary Americans received no such beneficence? Nothing less than complete transparency will connect the dots. Among the big-name witnesses that the Angelides commission has called for next week is Goldman’s Blankfein. Geithner, Henry Paulson and Ben Bernanke should be next.

If they all skate away yet again that’s the ticking-bomb scenario that truly imperils us all.

© 2008 The New York Times.

AlterNet is making this material available in accordance with Title 17 U.S.C. Section 107: This article is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.

READ THE FULL ARTICLE AT: http://www.alternet.org/workplace/145055/wall_street%27s_plot_to_wreck_america_must_be_revealed

"Excessive regulations" hamper business.

Dear President Obama:

Please pursue the idea of a bank and bonus tax and expand your thinking to directly invest in putting Americans back to work.  A 50 percent tax on bonuses over $1 million could quickly recoup the approximately $120 billion in outstanding TARP funds and with plenty left over for job creation, education and infrastructure improvements.

Wall Street’s unfettered greed is at an all-time high.  Please consider permanent new taxes on these bailed-out banks to raise at least $500 million per year for the PUBLIC GOOD.

Please coordinate such investments in a green policy philosophy that encourages sustainable middle class enterprise, and penalizes corporate monopolistic usury.

Thank you.

Paul Ryan - The Monarchists Are Loose

Obama Received $20 Million from Healthcare Industry in 2008 Campaign by Brad Jacobson Raw Story Tuesday, January 12, 2010.

Almost three times the amount given to McCain.

While some sunlight has been shed on the hefty sums shoveled into congressional campaign coffers in an effort to influence the Democrats’ massive healthcare bill, little attention has been focused on the far larger sums received by President Barack Obama while he was a candidate in 2008.

A new figure, based on an exclusive analysis created for Raw Story by the Center for Responsive Politics, shows that President Obama received a staggering $20,175,303 from the healthcare industry during the 2008 election cycle, nearly three times the amount of his presidential rival John McCain. McCain took in $7,758,289, the Center found.

The new figure, obtained by Raw Story through an independent custom research request performed by the Center for Responsive Politics — a nonprofit, nonpartisan group that tracks money in politics — is the most comprehensive breakdown yet available of healthcare industry contributions to Obama during the 2008 election cycle.

Obama delegate now takes umbrage with healthcare position.

Historian and media critic Norman Solomon, who was also an Obama delegate to the Democratic National Convention, called the president’s transformation on healthcare since taking office “shameful.”

“Overall it’s been a very corporate friendly healthcare approach from Obama as president,” Solomon said in an interview with Raw Story. “Corporate friendly in a way that I believe is injurious to public health.”

He underscored the subtle but substantive change in healthcare language used by Obama and the White House.

Mary Boyle of Common Cause also noted the industry’s success in achieving this goal over the course of the healthcare debate.

“We’ve seen many examples of the healthcare industry’s interests – and we would argue that a lot of it has to do with the money – prevailing over the public interest,” she said. “The fact is, we have this broken system that allows interests that want the most out of government to have the loudest voice and to get that loudest voice by contributing the most money and spending the most money.”

Brad Jacobson is a contributing investigative reporter for Raw Story. © 2010 Raw Story  READ MORE:

http://www.commondreams.org/headline/2010/01/12-9

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OH, AMERICA!

December 2, 2009

Patriot's Dream

ABSTRACT

15 Signs American Society Is Coming Apart at the Seams By David DeGraw, Amped Status,  edited excerpt from the Amped Status report, “The Critical Unraveling of U.S. Society.”  LINKto full report at END of ABSTRACT.

Are we nearing a tipping point as rapacious elites push a heavily armed populace too far?

The economic elite have launched an attack on the U.S. public and society is unraveling at an increased rate. You may have missed it in the mainstream news media, but statistical societal indicators are reading red across the board. Let’s look at the top 15 statistics that prove we are under attack.

1) The inequality of wealth in the United States is soaring to an unprecedented level. The U.S. already had the highest inequality of wealth in the industrialized world. Since the crisis, the gap between the top 1 percent and the remaining 99 percent of the U.S. population has grown to a record high.

2) As the stock market went over the 10,000 mark and surged to a 13-month high, the three big banks that took taxpayer money and benefited the most from the bailout have just set a new global economic record by issuing $30 billion in annual bonuses this year, “up 60 percent from last year.” Goldman Sachs is on pace for the best year in the firm’s history, and it is also benefiting by only paying 1 percent in taxes.

3) The profits of the economic elite are “now underwritten by taxpayers with $23.7 trillion worth of national wealth.”

As the looting is occurring at the top, the U.S. middle class is just beginning to collapse.

4) Workers between the ages of 55 to 60, who have worked for 20 to 29 years, have lost an average of 25 percent off their 401k. During the same time period, the wealth of the 400 richest Americans went up by $30 billion, bringing their total combined wealth to $1.57 trillion.

5) Home foreclosure filings “hit a record high in the third quarter (of 2009)… They were the worst three months of all time… some experts estimate that next year will be even worse.”

President Obama has enacted a $75 billion taxpayer funded program that has been a spectacular failure in stemming the foreclosure crisis and another massive waste of billions of taxpayer dollars.

6) 25 million people are unemployed or underemployed.

We have 25 million people who urgently need to increase their income, and they’re quickly running out of options. “The president’s chief economic adviser warned that the nation’s unemployment rate could stay ‘unacceptably high’ for years to come.”

The New York Times reports: “Americans now confront a job market that is bleaker than ever in the current recession, and employment prospects are still getting worse.

Economist Nouriel Roubini, just reported on unemployment stating: “Think the worst is over? Wrong. Conditions in the U.S. labor markets are awful and worsening…. So we can expect that job losses will continue until the end of 2010 at the earliest. The jobs just are not coming back.”

7) As the few elite banks thrive, there have been 123 U.S. bank failures this year. The troubles put taxpayers at risk of losing as much as $5.1 billion invested in the banks since TARP was launched in October 2008.”

8) As bankruptcies surge across the board, 10 U.S. states are on the verge of bankruptcy, with several ready to declare a financial state of emergency. California, Arizona, Florida, Illinois, Michigan, Nevada, New Jersey, Oregon, Rhode Island and Wisconsin, raising the likelihood of higher taxes, more government layoffs and deep cuts in services.”

9) This is occurring at a time when the “federal budget deficit for the fiscal year that just ended was $1.4 trillion, nearly a trillion dollars greater than the year before.”  In total, “U.S. public debt topped $12 trillion for the first time in history, meaning Congress would have to raise the debt ceiling to prevent a shutdown of government operations.”

Economist Dean Baker explains the risk “If the debt limit is not passed, then at some point the government will not be able to pay workers and contractors. It won’t be able to send out Social Security checks or make payments for Medicaid and unemployment insurance to state governments. And, it will not be able to make interest payments on government bonds, effectively defaulting on the national debt.”

10) Although the government’s official figure tries to low-ball the number, 47.4 million U.S. citizens live in poverty, and the U.S. poverty rate is the highest in the industrialized world.

Predictably, homelessness is rising at an increased rate as well. “The fastest growing segment of the homeless population is families with children.”

Children have been hit especially hard by the economic crisis:

11) One out of every two children in the United States of America will need to use a food stamp… to EAT!

Washington Post report: “The nation’s economic crisis has catapulted the number of Americans who lack enough food to the highest level since the government has been keeping track, according to a new federal report, which shows that nearly 50 million people — including almost one child in four — struggled last year to get enough to eat… ‘This is unthinkable. It’s like we are living in a Third World country,’ said Vicki Escarra, president of Feeding America.”

These numbers don’t take into account the millions more unemployed throughout 2009.

This a national tragedy. But it gets much worse.

12) In 2008, according to the Census Bureau, the number of U.S. citizens without health care grew to a record 46.3 million.

13) Lack of health insurance has caused 45,000 preventable U.S. citizen deaths in the past year. The American Journal of Medicine recently released a study that stated, “Nearly two out of three bankruptcies stem from medical bills, and even people with health insurance face financial disaster if they experience a serious illness.”

Studies report that: 17,000 children have died due to lack of health care; 2,266 U.S. veterans have died in 2008 due to lack of insurance.

The Senate continues to strip meaningful amendments from a health care bill that wouldn’t even take effect until 2013; the health care bill is going to fall far short of meaningful reform and continue to rig the game in favor of large insurance company profits at the expense of the U.S. population. Change is not on the horizon.

The economic hit men have now hit the United States and millions of American citizens are now effectively sentenced to a slow death.

And the clock is ticking…

14) The gun and ammunition manufacturing industry in the United States has over 200 companies producing billions of dollars in annual revenues. This huge manufacturing base cannot fulfill demand quickly enough.

Americans are arming themselves to the teeth!

15) In the past year, 100 new armed militia groups have been formed, as militia members have doubled in numbers. One federal authority recently said, “All it’s lacking is a spark. I think it’s only a matter of time before you see threats and violence.”

So let’s break down these numbers.

You have 50 million people in desperate need of money, have no health insurance and can’t afford to get health care of any kind. They are running out of options fast, and time delayed is time closer to death.

The richest 1 percent have never had it so good.

We are sitting on a powder keg.

Read the rest of the report here.

Denial isn't a river in Africa.

CHRISTIAN WARRIORS, SEX and BANKING

November 18, 2009

Catholic Bishops Put Sex Obsession Ahead of Mission to the Sick and the Poor By Adele M. Stan, AlterNet.

First they threatened to take down health-care reform over abortion coverage. Now they’re threatening services to the sick and poor of Washington, D.C., over same-sex marriage.

They lead a church that claims to stand on the side of the sick and the poor, the meek who shall inherit the earth. But in the course of a single week, the bishops of the Roman Catholic Church proclaimed themselves willing to see health-care denied to millions of uninsured Americans, and to yank the social-service rug out from under the feet of tens of thousands of urban poor in the nation’s capital — all to serve the bishops’ obsession with the sex lives and reproductive organs of others.

The church’s week of shame began with the bishops’ role in creating the monster that is the Stupak amendment to the health-care reform bill passed last weekend by the House of Representatives, when the bishops refused to bless a compromise made between pro-choice and anti-abortion Democrats in the language of the bill. (Without the bishops’ blessing, anti-choice Democrats vowed to vote against the bill, so Speaker Nancy Pelosi was strong-armed into allowing Rep. Bart Stupak, D-Mich., to bring an anti-choice amendment to the floor.) Finishing off the week with a brutal bang, the church threatened to sever its social service contracts with the District of Columbia if the city council of Washington, D.C., passes a measure legalizing same-sex marriage — a move that would throw services to 68,000 of the poorest and most vulnerable citizens of the nation’s capital into chaos.  READ MORE:

http://www.alternet.org/sex/143945/catholic_bishops_put_sex_obsession_ahead_of_mission_to_the_sick_and_the_poor

Christian Bootcamp Seeks to Arm Home-Schooled Youths for “Spiritual Warfare” Posted by Eleanor Bader, RH Reality Check

“Life is not a playground,” says Rev. Rusty Lee Thomas in The Kingdom Leadership Institute Manual. “It is a war zone.”

Rev. Rusty Lee Thomas, Assistant Director of Operation Save America, is worried. According to studies by the Barna Research Group, California pollsters specializing in tracking religious and spiritual attitudes, only nine percent of teenaged Christians believe in moral absolutes. What’s more, Barna reports that the vast majority of kids raised Christian will abandon all or part of their faith by the time they finish high school. “Assembly of God leaders estimate between 65 and 70 percent will depart, while the Southern Baptist Council on Family Life estimates roughly 88 percent will leave,” Thomas writes.

To remedy this, Thomas’ Elijah Ministries has started the Kingdom Leadership Institute, a weeklong ideological boot camp for home-schooled Christians between the ages of 14 and 21. His recently released book, The Kingdom Leadership Institute Manual, is a roadmap for their training and a fascinating — if twisted — look at the concerns of far right evangelicals, complete with a game plan for action.

There’s no pussy-footing in Thomas’ screed. For him the battle between God and Satan is at hand, pitting True Believers against Sinners. Common ground? Impossible since there are only two sides, one resulting in heavenly salvation and the other ending with the earth’s destruction.

“Life is not a playground,” he rails. “It is a war zone — a clash of ideas, philosophies, values, and worldviews. It demands leaders who do not shrink back in [sic] the day of battle.” He calls it “spiritual warfare” and repeatedly summons images straight out of the Middle Ages, with gallant Knights protecting grateful maidens, and courtliness trumping gender equity.  READ MORE:

http://www.alternet.org/blogs/rights/143975/christian_bootcamp_seeks_to_arm_home-schooled_youths_for_%22spiritual_warfare%22

Geithner Singled Out in TARP Watchdog Neil Barofsky’s Scathing Report on AIG Bailout by Shahien Nasiripour, The Huffington Post

A brutal report issued Monday by a government watchdog holds Timothy Geithner — then the head of the Federal Reserve Bank of New York and now the nation’s Treasury Secretary — responsible for overpayments that put billions of extra tax dollars in the coffers of major Wall Street firms, most notably Goldman Sachs.

The authoritative new narrative describes how, while bailing out insurance giant AIG last fall, a team led by Geithner failed nearly every step of the way.

Instead of bargaining with AIG’s numerous counterparties to resolve its billions of dollars in souring derivatives contracts, Geithner’s team ended up paying top dollar for toxic assets — “an amount far above their market value at the time,” the report notes.

“There is no question that the effect of FRBNY’s decisions — indeed, the very design of the federal assistance to AIG — was that tens of billions of dollars of Government money was funneled inexorably and directly to AIG’s counterparties,” the Office of the Special Inspector General for the Troubled Asset Relief Program said.

Wall Street firms like Goldman Sachs, Merrill Lynch and Wachovia got full value for their derivatives contracts with AIG, and taxpayers got the bill. In total, $27.1 billion of public money was transferred to companies that did business with AIG.

Throughout the bailout of AIG, the report says, the New York Fed failed to develop appropriate contingency plans; failed to properly assess the impact of its decisions; and generally engaged in negotiation strategies that were doomed to fail.

Then, after Geithner’s team paid off AIG’s counterparties on Wall Street, it imposed “onerous” terms on the troubled insurer, the report says.  READ MORE:

http://www.commondreams.org/headline/2009/11/17-8

Hightower: Obscenely Rich Bankers Claim to Do God’s Work — They Can Go to Hell By Jim Hightower, AlterNet.

Top executives were initially hurt by the public’s moral outrage. But their sense of entitlement quickly kicked in, and now they claim they’re the good guys.

“Repent,” the preacher cried out, startling those who heard him.

This was no street evangelist ranting at the passing crowd, but the archbishop of Canterbury, head of the Church of England. His sharp admonition was pointed directly at a particular set of sinners, who undoubtedly had never given any thought to the morality of their actions: the barons of global banking.

As in our country, people in Europe are enraged at those hustlers of high finance who wrecked the world’s economies, then flexed their political muscle to get governments to replenish their bankrupt vaults. Infuriatingly, these bailed-out bankers have now returned to business as usual, including grabbing monstrous bonus payments for themselves.

In Europe, such greed is not only being assailed politically, but it is also being cast as a matter of fundamental moral failure. As another of Britain’s leading clergymen put it, “There is a general feeling that the level of bonuses we’ve seen have been obscene.”  READ MORE:

http://www.alternet.org/story/144026/hightower%3A_obscenely_rich_bankers_claim_to_do_god%27s_work_–_they_can_go_to_hell