Bloomberg delved deep and determined U.S. taxpayers are subsidizing the big banks to the tune of $83 billion a year.
What if we told you that, by our calculations, the largest U.S. banks aren’t really profitable at all? What if the billions of dollars they allegedly earn for their shareholders were almost entirely a gift from U.S. taxpayers?
Yet more non-shocking, but completely repulsive news: these crooks aka "managers" and "best and brightest" are setting up reinsurance companies in Bermuda to help them avoid taxes in the US. The link's at the bottom. John Paulson and others involved. There's also a link to the IRS because maybe they might care to end these games (or crimes) by the big boys.
Today, the United States has less equality of opportunity than almost any other advanced industrial country. Study after study has exposed the myth that America is a land of opportunity.
America may not get justice on outrageous executive pay but the Swiss might. They are having a national vote on excessive CEO pay.
With more than 100,000 Swiss citizens having signed a petition to limit “fat-cat” pay, voters will decide at a March 3 referendum whether top executives should have their compensation set by shareholders.
Switzerland believes excessive CEO pay was imported from America.
ECS is the emergency communications system for seventeen states, with plans to add seven new states this year. ECS estimates it holds 40 percent of America’s state-chartered banks as its users.
Anonymous hacked into the U.S. Sentencing Commission website due to the suicide of Aaron Swartz. Swartz was facing 50 years in prison for downloading four million Academic Journal articles.
The concept of Davos is fantastic. Party at taxpayer expense, drink, surround yourself with sycophants of all ranks (including CNBS), and plot the demise of the average citizen in countries across the globe at a supranational level. And if anyone dares state the obvious that people really should listen to their own citizens and shareholders and taxpayers and not plan the demise of those very same groups while partying with people that don't have any allegiance to us, such "troublemakers" are labeled "conspiracy nuts."
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