SEC Brings A Lamb To The Slaughter For The Mortage Crisis

The sacrificial lamb that is Goldman Sachs banker Fabrice Tourre.  Whew! We can all breathe a sigh of relief now that the financial crisis is over. The Securities and Exchange Commission has found former Goldman Sachs banker Fabrice Tourre liable on six counts of securities fraud. I’m being sarcastic of course. Mr. Tourre dealt out… Continue reading SEC Brings A Lamb To The Slaughter For The Mortage Crisis

Republicans Say “It’s All About Jobs,” So They Will Cut 700,000 More

When John Boehner said, “if we lose 200,000 federal jobs, so be it,” we listened and thought the figures didn’t add up. A little  research into the facts revealed the figure was more like 20,000 to 40,000 jobs lost if Boehner got his way. Now, after economists studied the Republican budget and the effects of… Continue reading Republicans Say “It’s All About Jobs,” So They Will Cut 700,000 More