Government

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Care For Another “Cosmo,” B of A?

Should we be co-defendants in a class action law suit? Are we responsible for a Ponzi scheme? That’s right– you and me, Mr. and Mrs. taxpayer.
You see, one of the many beneficiaries of the bailout of financial institutions has been the Bank of America (NYSE BAC). Our government gave B of A an additional 20 [...]

6Apr2009 | George Stevens | 0 comments | Continued
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Sticks and Stones May Break My Bones, But…

Language has always fascinated me. The ability to use words and phrases to redefine a particular issue is the mark of power.
Let me give you an example. Back in the late 60’s and into the 1970’s, perennial presidential candidate Ralph Nader was able to redefine how America defined one automobile. In his book “Unsafe at [...]

1Apr2009 | George Stevens | 0 comments | Continued
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The 1 Trillion Dollar Barrier

It wasn’t too many years ago that the “glass ceiling” for monetary holdings was 1 billion dollars. The net worth of the richest people on earth was measured in 100’s of millions of dollars. Over this past decade, this all has changed.
Today, we learn that the massive U.S. economic stimulus package will cost our children [...]

10Feb2009 | George Stevens | 0 comments | Continued
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Social Security Payments at Risk

In an effort to help reduce processing costs and increase efficiency, the Social Security Administration, in association with the Treasury Department, requested bids from several banks and ultimately settled on Comerica Bank (NYSE CMA) out of Texas to provide Social Security recipients with a prepaid debit card. While prepaid debit cards have become commonplace in [...]

13Jan2008 | Riley Poole | 6 comments | Continued
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Eight Predictions for 2008.

This will be my first predictions list, let’s see how many I get right. Sorry, this list isn’t for the weak at heart, you’ve been warned.
1) Google will suffer a major security breach.
Nearly 750,000 advertisers use their credit cards on Google accounting for nearly 3,000,000 unique credit card numbers. Millions more consumers use Google Checkout, [...]

28Dec2007 | Riley Poole | 9 comments | Continued
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