Showing posts with label magazine. Show all posts
Showing posts with label magazine. Show all posts

Tuesday, September 20, 2011

Banking Establishment Ripoff Exposed in MSM

Thinking Americans know the sordid story:

Since the financial crisis, Bank profits are UP 136%... But Bank lending is down 9%.

Perhaps a more interesting story is that this is featured in a mainstream media article; Time Magazine, September 26, 2011, "After Three Years and Trillions of Dollars, Our Banks Still Don't Work."

I could take issue with the phrase "our banks;" yes, we should "own" them having bailed them out, but frankly, instead of we owning the banks, the banks turned the US Treasury and Federal Reserve into lending institutions for the benefit of the banks and the people reaping profits from those corporations.

But, don't let me tarnish the good news with side issues. Time Magazine deserves credit where it is due.

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Wednesday, December 23, 2009

Obama's Healthcare Shadow

Remember the old Mad Magazine piece showing a series of cartoon frames in which people are doing one thing, but their shadow is doing something socially unacceptable that they really want to do? Like the example below:

I can't remove the image of Obama, with Rahm Emanuel standing there, saying

By standing up to the special interests who have prevented reform for decades and who are furiously lobbying against it now, the Senate has moved us closer to reform that makes a tremendous difference for families, for seniors, for businesses and for the country as a whole.

Meanwhile Obama's and Emanuel's shadows are high-fiving the health industry executives on sealing the deal. 30 million people forced to buy corporate health insurance, some subsidized by tax payer money, thereby strengthening the corporate power of an industry that is already controlling our governing system. WTF?

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