Tag Archives: Hank Paulson

The conflict between the rich and the poor has become very strong over the past two years.

The rich are getting richer and richer, and the middle and working classes poorer and poorer. And the American people are getting pissed over the ever growing economic inequality. Will there be an uprising here in the United States similar to what has been occurring in the Middle East? Cenk Uygur discusses how our system is “fixed” and our politicians are bought by the rich. Continue reading

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What caused the economic collapse, recession, depression, in 2008? How did Wall Street bring on America’s economic collapse?

Do you understand what caused the deep recession of 2008? Do you understand how big banks and investment houses created this economic mess that we now find ourselves in? Do you want a clear and concise answer in everyday language? Here it is: read and listen and watch. Understand the terms derivatives, credit defaults swaps, and collaterized debt obligations. Continue reading

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