The best and brightest (or shall we say the greediest and biggest freeloaders?) keep telling everyone that the worst is behind us. The truth is it's not. A few more big names are ready to post hideous losses, yet again, and the ones who aren't going to post losses will deliver ugly numbers. Lehman Brothers just liquidated a few billion of rubbish thanks to the Fed bailout (i.e. on the backs of US taxpayers) so they may be able to avoid complete destruction.
With all of this bad news, what is it going to take to motivate Congress to demand change? Any agreements that may exist need to be torn up and shredded. The rules are now different since Wall Street has had to be bailed out. At the moment it's the US taxpayers who are funding the lifestyle of Wall Street millionaires. Wall Street wouldn't recognize the free market if it hit them in the ass and it did, but we bailed them out. Nobody wants to see Wall Street collapse but dammit, why are we funding their luxurious lifestyle? We are paying for their salaries and excessive bonuses and don't even get the upside of lower lending rates. Most Americans would love to have seven or eight figure incomes but most Americans actually have to work for that. Why is Wall Street being treated differently? Enough already, let's see some action on this.
D.C. Council May Legalize Same-Sex Marriage Today
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The Washington Post reports: "The D.C. Council will take the first of two
scheduled votes Tuesday morning on a bill to legalize same-sex marriage in
the Di...
25 minutes ago







