The Troubled Asset Relief Program (TARP) ended when the Treasury sold its remaining shares of Ally Financial (the last remaining major bank.) The bailout program was originally $426 billion. The Treasury Department reports, “Treasury invested approximately $245 billion across five distinct bank programs. Each of these programs was established to accomplish different goals as part […]
Category Archives: Finance
U.S. Ends Bailout Program with $15.3 Billion Profit
Bitcoins
Bitcoin is a virtual currency that is open source P2P money. According to the Bitcom website: “Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and […]
Baby Formula
Equation for The Meaning Of Live Ironically, the Brouses coined the phrase “In God We Trust” for the United States Mint. What is the meaning of life? What makes man different from other animals? Baby Formula: Equation for the Meaning of Life .mp4 Video
Australia Carbon Tax
On July 1, 2012 Australia will impose a price on carbon emissions. A price on carbon is the most environmentally effective and economically efficient way to reduce pollution. This means our economy can continue to prosper – without our pollution continuing to grow. The Government’s plan for a clean energy future includes four key components. […]
Education In The Western World
“We have not come here to be lectured on our inadequacies.” — the Europeans
Mortgage Bankers Paying for Fraud and Crimes
Even foreign companies have to pay for crimes committed in the good ole US of A. HUD, HUD INSPECTOR GENERAL AND U.S. ATTORNEY ANNOUNCE $202 MILLION SETTLEMENT WITH DEUTSCHE BANK AND MORTGAGEIT Civil Fraud case alleged reckless mortgage lending and false claims Preet Bharara, the United States Attorney for the Southern District of New York, […]
No FaceBook Ads On My Page
by Daniel Brouse PHILADELPHIA, PA — One of the pioneers of the world wide web has come out against the advertising practices of FaceBook. The primary reason: “Sponsors violate you (as well as, your friends) privacy and security. In a criminal sense, Sponsors (in conspiracy with FaceBook) violate basic human rights. Not only is it a […]
Just Say No To Taxes
by Daniel Brouse I suggested that there should be little (to no) taxes. You responded: How does any of this function without taxation…? I would like to know your thinking on this… it doesn’t seem to be working now and sure doesn’t favor poor to middle class… but I think this is too long to […]