April 14, 2013

There's a river of ice flowing down the hill here in Seattle

from the hail storm.

April 8, 2013

EXceptionally well researched and compiled article

Thank you for posting this!

I do agree with other posters about Obama not trembling.

He has continually (except during campaign times) indicated that he agrees with global austerity measures, going so far as to note he is in "violent agreement" that this is the direction to go :http://www.whitehouse.gov/the-press-office/remarks-president-obama-g-20-press-conference-toronto-canada

And part of that has been purposefully conflating Social Security with the deficit and introducing decisions at key points (such as the Fiscal Commission) which are aimed at cutting Social Security, just as austerity measures have been doing this globally.

He's made an agreement and keeps taking actions to fulfill it - the problem is that the agreement is not with citizens here, but with financiers and the politicians who are in the club with them.

March 20, 2013

Barclays announces £38.5m bonuses on budget day

Source: The Guardian

Barclays has been accused of trying to "bury bad news" by announcing it has given its top nine bankers bonuses worth £38.5m while the City is distracted by the budget.

The bank, which promised it was "changing" in the wake of the Libor rate-rigging scandal, awarded the head of its investment banking division, Rich Ricci, £17.5m worth of shares. He immediately cashed in all of the shares.

Barclays chief executive Antony Jenkins was awarded 1.8m shares worth £5.3m. He cashed in half of the shares.

Last month Barclays said Jenkins and Ricci would not be collecting a bonus this year after the bank was fined £290m over the Libor rate-rigging scandal.

Read more: http://www.guardian.co.uk/business/2013/mar/20/barclays-bonuses-budget-day

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Continuing their pattern of our austerity and their prosperity.

And with a name right out of Dickens - Rich Ricci.