Janet Yellen Announced as Next Fed Chair [Updated]

Janet Yellen Announced as Next Fed Chair [Updated]

Janet Yellen was announced by President Obama today as his nomination for the next head of the Federal Reserve. With widespread support from Senate Democrats, a distinguished career, and a reputation for building consensus, she is likely to be confirmed, becoming the first woman ever to lead America’s 100 year-old central bank. Yellen has been with the Fed […]

Obamacare is it Good or Bad?

Obamacare is it Good or Bad?

Washington D.C.—Senator Ted Cruz delivered a marathon all-night speech last night on the floor of the Senate. He spoke on the vile putrescence that he believes the Affordable Care Act, also known as Obamacare, will bring to this country. Parts of the law are set to go into effect this October, with the rest settling […]

Disgraced Subprime Mortgage Managers Acquire Top Jobs on Wall Street [Video]

Disgraced Subprime Mortgage Managers Acquire Top Jobs on Wall Street [Video]

Five years ago disgraced subprime mortgage mangers left failed Bear Stearns investment bank and acquired top jobs on Wall Street. Thomas Marano, Jeffrey Verschleiser, Michael Nierenberg and Jeffrey Mayer were top executives at Bear Stearns, formerly the fifth largest investment bank in the U.S., before folding in 2008. They now hold jobs with powerful banks […]