Ismael Hossein-ZadehCounterpunch30th January, 2009Using the “too big to fail” scare tactic, the U.S. government has kept a number of terminally ill Wall Street gamblers on an expensive life-support system that is estimated to cost taxpayers $8.5 trillion [1]. In light of the fact that (according to IRS Data Book) there were 138 million taxpayers in 2007, this figure represents a burden of $61,594.20 per tax payer. Or, to put it differently, it represents a burden of $28,333.33 per man, woman and

To the surprise of very few who have been paying attention, the Wall Street bailout has had little positive effect on making credit available to businesses or individuals. The $350 Trillion in TARP funds already made available, plus the almost $1 Trillion in loans directly from the Federal Reserve, have only been used to replace capital already recognized as lost, or to buttress balance sheets in anticipation of the write-offs to come as the economy slides deeper into recession. Also to the

Posted by Jimmy If you’re an astrology buff like me, you’ll know that Saturn recently went into opposition with Uranus (November 4, election day!) and will basically be unharmonious for the next few years. Not to mention that Pluto took a nosedive into Capricorn, a buzzkill on our relationship with authority and finances (watch out for this upcoming Full Moon next week!). This isn’t the best news (recession, anyone?) and I’ve been obsessing over the astrological configuration for months. As