TBTF Banks Get $83 Billion a Year Taxpayer Subsidy

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?

Hedge funds using Bermuda and reinsurance to avoid taxes

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.

Swiss to Vote on Excessive CEO Pay

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.

Davos aka Banksters, politicians, CEOs party and plot our demise

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."