“It’s nice to see Bloomberg finally getting on board with the Occupy Wall Street message that the big banks are raiding our economy.” (from DailyKos)
Bloomberg reports: Why Should Taxpayers Give Big Banks $83 Billion a Year?
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Tax Evaders, Pay Up Now!
Posted on Author BillMoyer
[Editor: the above video seems to be viewable only from chrome.] Light Actions targets corporate tax dodgers who aren’t paying their fair share. We’re Not Broke! It’s when greedy corporations don’t pay taxes that we get austerity for the masses. In 2010 Boeing paid no U.S. taxes on over $4 billion of income, in fact, […]
'The mob learned from Wall Street': Eliot Spitzer on the 'cartel-style corruption' behind Libor scam
Posted on Author Linda Boyd
I had never heard of the LIBOR rate before today. Mattt Taibbi calls this the scandal of scandals. Basically, sixteen banks get together every morning to decide the LIBOR rate, that is, the rate at which they loan to each other. Every interest rate is determined by LIBOR. The banks are lying about the rate […]