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News for Norther Colorado and the world

Wednesday, October 1, 2014

Posts Tagged ‘Citigroup’

The “Makers” are really the

The “Makers” are really the “Takers”

    16 Giant Corporations That Have Basically Stopped Paying Taxes -- While Also Cutting Jobs! It's a golden age for corporate profits. So why don't our biggest corporations pay more taxes?   By Paul Bucheit The brackets are set for the big dance — the dance around tax responsibility. Most of the teams are in the bottom bracket. In this league, the lowest score wins. Outside the stadium our nation's kids and seniors and low-income mothers may be dealing ... Full Story

Revolt of the Rich

Revolt of the Rich

Our financial elites are the new secessionists. By Mike Lofgren It was 1993, during congressional debate over the North American Free Trade Agreement. I was having lunch with a staffer for one of the rare Republican congressmen who opposed the policy of so-called free trade. To this day, I remember something my colleague said: “The rich elites of this country have far more in common with their counterparts in London, Paris, and Tokyo than with their fellow American citizens.” That ... Full Story

Did Magnetar create the mortgage crisis?

Did Magnetar create the mortgage crisis?

Intro by Gary Wamsley Mortgage bankers recently testified before the US Congress that no one saw the impending crisis in sub-prime mortgages and the financial crisis that ensued. That is pretty hard to believe. Either the top financial experts in this country are incredibly stupid or they are lying. Take your pick. There were people who saw it coming, and perhaps even created the crisis and made hundreds of millions of dollars at what turns out to be taxpayer expense. Two reporters for ... Full Story

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