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Results for taxpayers. Search took 0.26 seconds.
Seen that? - Self-Employed have CPP Woes Bigger Problem is Income Taxes
in Small Business Unplugged, on November 19, 2009
...ll Business Unplugged Tax cuts puts dollars back in the pockets of taxpayers, business owners, and stimulates the economy. The only problem? Will the conservatives sti...
Taxpayers lose out on bank bailout
in Sox First, on November 13, 2009
...bank bailout or banking welfare program, has conceded that the program will result in a loss to taxpayers to the tune of tens of billions of dollars. Barofsky said: "We need to temper or be reali...
Seen that? - Big Sur Bonanza #2
in The Outdoor Weblog, on November 9, 2009
...was in serious trouble and the US government had to bail it out with tens of billions of dollars of taxpayers' money, but Thain continued to lavish himself with payments and luxuries. The Daily Be...
Seen that? - BIG SUR BONANZA #3
in The Outdoor Weblog, on October 31, 2009
...was in serious trouble and the US government had to bail it out with tens of billions of dollars of taxpayers' money, but Thain continued to lavish himself with payments and luxuries. The Daily Be...
Too big to fail is too dumb
in Sox First, on October 29, 2009
... to be considered carefully. The problem with the legislation is that it enshrines a system where taxpayers will be funding future bailouts. But isn't the problem that the banks got too big in the f...
Breaking up the banks
in Sox First, on October 28, 2009
...rnment bailout of banks had "created possibly the biggest moral hazard in history". Expecting taxpayers to provide catastrophe insurance, King said, was just wrong. Former federal reserve chairman Pa...
Profits are a gift: Soros
in Sox First, on October 25, 2009
...ed to pay bonuses. And so there’s a resentment which I think is justified." In other words, US taxpayers have been funding the pay increases at the banks because the US Government is too weak and gut...
Bailed out banks continue to live it up
in Sox First, on October 21, 2009
... chauffeured cars, corporate jets and other little perks, all provided through the generosity of US taxpayers. Another example of the US Government propping up dead banks walking. ...
FBI probes BoFA-Merrill deal
in Sox First, on September 21, 2009
...nal action too into a deal that could have only been sealed with billions of dollars in aid from US taxpayers....
US taxpayer bailout for subprime firms
in Sox First, on August 31, 2009
...into modifying mortgages that might otherwise result in foreclosure. And unlike the bank bailouts, taxpayers won't get any return. At least not directly. And as the Center points out, we don'...
UBS whistleblower jailed
in Sox First, on August 30, 2009
...ican clients and helped create structures that enabled them to dodge tax and, in effect, defraud US taxpayers. Why did he do it. Apparently, he was sick of his bosses getting big bonuses for putting p...
Climate change junket for Congress
in Sox First, on August 10, 2009
...According to The Wall Street Journal , their six spouses went along as well. The total bill for US taxpayers: more than $500,000. The Congressmen told the paper they were doing it hard, particularly ...
Buffett cleans up on Goldman Sachs
in Sox First, on July 25, 2009
...
US taxpayers did well when Goldman Sachs repaid US Treasury's TARP loan of $10 billion. According to Bloomberg , they made a return of 23% which is not too bad at all in any market, let alone...
Banks misused TARP funds
in Sox First, on July 20, 2009
...or the banks is being used by banks to write loans, should check out this Washington Post report . Taxpayers money is being misused. The Post tells us that a report from the special inspector genera...
Paulson, Goldman Sachs and the four tiers of US Government
in Sox First, on July 18, 2009
...inancial. The last tier explains why the banks have so much power and why they are propped up by US taxpayers. In his extraordinary testimony, as reported here , Paulson conceded he had pressured Ba...
Jackson's funeral: taxpayers foot the bill
in Sox First, on July 9, 2009
...
The California economy is in meltdown. So why do taxpayers have to pay for Michael Jackson's funeral? An expensive live event for a dead superstar. The Los Angeles Times reports that inquir...
Will the Volt save GM?
in Sox First, on June 10, 2009
... Still, if there is anything that will guarantee sales of the Volt it's one thing. With the US taxpayers now holding 60% of the company, the Volt will be backed by the US Government....
What next for GM?
in Sox First, on June 4, 2009
...est car manufacturer? As Dennis Berman at The Wall Street Journal points out, the $65 billion in taxpayers' money is all part of the subterfuge. Instead of being handed over as a loan, it's...
Times' reporter's story a reminder: It's easy to fall into foreclosure nightmare
in The Mortgage Roadmap, on May 15, 2009
...gage loans with artificially low initial interest rates, are now placing a burden on the rest of us taxpayers who bought homes that we could afford.
They're always surprised when I tell them that...
Downturn easing without recovery
in Sox First, on May 12, 2009
...that's likely to be met with howls of derision from bond holders seeking more money from the US taxpayers. Every recession has to end. The question is how long and deep this one is going to be. A...
Testing stress tests
in Sox First, on May 5, 2009
...ck on it". As Bloomberg's Mark Gilbert points out, it's a meaningless exercise when taxpayers around the world are on the hook for the billions upon billions of dollars, euros, pounds ...
TARP fraud investigations
in Sox First, on April 21, 2009
...cop Neil Barofsky bemoaning the lack of accountability for the bailout funds being put up by US taxpayers. Clearly, the system is open to fraud and now we have the Los Angeles Times telling us ...
Bailout funds sink without a trace
in Sox First, on April 6, 2009
...As US PIRG reports: "Six months, $565 billion, 24 hearings and 364 reports later, the American taxpayers still don't know where their money has gone."...
Bailouts total $3 trillion with no oversight
in Sox First, on April 2, 2009
...om going up in smoke, and that the banks had shown no interest in disclosing how they were spending taxpayers' money. Barofsky said: "One thing, however, was apparent from the responses - co...
Car chiefs in the gun
in Sox First, on March 30, 2009
...ministration raising the bar for the industry, refusing to give GM and Chrysler any more money from taxpayers and instructing them to come up with new plans. Wagoner's departure coincides with ...
Non-profit newspapers? No way!
in Sox First, on March 26, 2009
...le that help shape the public's views and turning them into non-profits, in effect supported by taxpayers, undermines their independence. It also opens the door for Federal officials to grill prop...
Why Geithner's plan won't work
in Sox First, on March 23, 2009
...assets. "For the private investors, this is an open invitation to play heads I win, tails the taxpayers lose. So sure, these investors will be ready to pay high prices for toxic waste. After all...
AIG witch hunts: the new McCarthyism
in Sox First, on March 21, 2009
...rotest bus tours of their houses. Now, it's true that AIG only exists today for one reason: US taxpayers have forked out $173 billion to pay for what are essentially its gambling debts from credi...
The politics of AIG
in Sox First, on March 16, 2009
...
The political fallout from the AIG bailout will be massive. With $165 million in US taxpayers' money going to pay executive bonuses, the Obama administration is bailing itself for a backlash. ...
GM death watch
in Sox First, on March 6, 2009
...tors Deloitte say GM's survival is in serious doubt, and that's even with $30 billion of US taxpayers money. On one hand, it doesn't necessarily mean GM is about to go bust as the auditor ...
Norman: Take A Pay Cut
in Eagle Par Birdie, on February 28, 2009
...een it happen.
And now we learn that Wells Fargo Bank , recipient of some 25 billion dollars in taxpayers' bailout money and the new owner of Wachovia Corporation is dropping the Wachovia nam...
Auto catastrophe
in Sox First, on February 28, 2009
...ift going on in the market place that overshadows GM's ineptitude. Ford which is not receiving taxpayers' cash, for example, has lowered its forecast for 2009 US auto demand to 10.5 million, ...
GM and Chrysler's begging bowl
in Sox First, on February 18, 2009
...ll be around. The problem for GM and Chrysler is that it doesn't matter how much fat they cut, taxpayers' money won't help if there are no car buyers. And the flow through effect for the ...
Stimulus Hype: A Populist Plan? (Part II)
in Bizinformer, on February 9, 2009
...e examines a hypothetical "populist" stimulus package in which all 225 million American taxpayers would get a rebate check - not of $600 but of $10,000. The problem with that? Give me a mome...
TARP shortchanged taxpayers $78 billion
in Sox First, on February 8, 2009
...parency in the US Government's bank bailout package. The upshot is that it's likely to mean taxpayers' money is going down the drain. Now the Congressional Oversight Panel has put out a ...
Bank bailout failure
in Sox First, on February 3, 2009
...xic assets but there is one problem with that. How much do they pay? If it's too much, it hurts taxpayers, too little and the banks have to write down assets. And we are talking hundreds of billio...
Gaps In the Schedule
in Eagle Par Birdie, on January 28, 2009
...aking of economic debacles, sports writer, Steve Elling lambastes Chrysler Corporation for wasting taxpayers' money - bailout money, if you prefer - on the Bob Hope Chrysler Classic.
Except it ...
Most Corporations That Were Bailed Out Still Being Run By The Same CEOs
in Exclusive from our news room , on January 26, 2009
...nce the United States Government disbursed many billions of dollars to various corporations and the taxpayers are beginning to ask if the money delivered the desired effect.
Considering the number of...
Obama's options
in Sox First, on January 26, 2009
...s easier said than done. How much does the US government pay for toxic assets. If it pays too much, taxpayers suffer. If too little, the banks will have to write down their assets. None of these choi...
It's the End of January. Do You Know Where Your Rebate Data Is?
in The Personal Finance Weblog, on January 25, 2009
...uld affect your 2009 credit claim. If you got less than the maximum amount, which for most employed taxpayers was $600 per single filer ($1,200 for married couples filing jointly), you might be able t...
Thain's bonanza
in Sox First, on January 23, 2009
...was in serious trouble and the US government had to bail it out with tens of billions of dollars of taxpayers' money, but Thain continued to lavish himself with payments and luxuries. The Daily B...
Wall Street to Obama: the banks are insolvent
in Sox First, on January 21, 2009
...The problem is whether the Obama administration will be propping up zombie banks, at the expense of taxpayers and perpetuating the moral hazard issue. The question is whether the zombie banks can ear...
Are we all Keynesians now?
in Sox First, on December 30, 2008
...
With the United States government once more getting the taxpayers to bail out a hopeless business, this time announcing it would pump $6 billion into GMAC Financial Services, including $1 billio...
Goldman Sachs tax lurk
in Sox First, on December 18, 2008
... including Warren Buffett's Berkshire Hathaway. That's more than $20 billion raised from US taxpayers. But read the press release for the accounts and see how much less tax they paid. Accor...
Fixing broken boards
in Sox First, on December 8, 2008
...point independent directors on to boards. These directors would not be paid by the companies but by taxpayers. They would provide insights, ideas and oversight without being compromised. You can read ...
Is there a bailout strategy?
in Sox First, on December 3, 2008
...
The automakers want more taxpayers' money. Now they're asking for $38 billion, not $25 billion and have presented plans, detailed by Forbes , with GM cutting its stable of brands from eig...
Why the bailout won't save automakers
in Sox First, on December 3, 2008
...more and ever larger subsidies will be required to keep the doors of the Big Three open. Eventually taxpayers will run out of patience, or milk. To avoid discomfort now, we court catastrophe a short d...
Who's next in the bail-out bonanza?
in Sox First, on November 28, 2008
... right, we are likely to see most, if not all, US financial companies under government control. And taxpayers will be footing the bill.
...
Citi slickers
in Sox First, on November 25, 2008
... Citigroup might be a sign of more to come, and that's a worry for everyone. Not just American taxpayers but right around the world. The most incompetent president in US history has announced ...
Automakers flew to Washington in private jets
in Sox First, on November 20, 2008
...Big Three's chief executives flying to Washington this week in private luxury jets to ask for taxpayers' money. Talk about arrogance and stupidity! Is it any wonder that the chairman of the...
AIG's bigger bailout
in Sox First, on November 10, 2008
...sets recover. But if the US housing market stays in the toilet, the assets won't recover and US taxpayers will be footing the bill. Henry Blodget at Clusterstock sums it up well: "As if th...
Obama's to-do list
in Sox First, on November 8, 2008
... clamoring for favors. MarketWatch provides insights into how an Obama presidency will affect US taxpayers. We might well see him removing the tax on unemployment benefits and allowing people to ma...
Competing for bailouts
in Sox First, on October 27, 2008
... failed businesses are now competing for handouts highlights Wall Street's moral bankruptcy. US taxpayers are paying for mistakes perpetrated by a handful of companies that are not being held to a...
Corporate governance takes a back seat
in Sox First, on October 20, 2008
.... As part of the $700 billion bailout package, the US Treasury said financial institutions getting taxpayers money would have to adhere to stricter corporate governance rules and executive compensati...
Soros saw it coming
in Sox First, on October 18, 2008
...erie. Years before the implosion, Soros wrote: "Eventually, the US government will have to use taxpayers' money to arrest the decline in house prices. Until it does, the decline will be self-...
Bailout fails - what now?
in Sox First, on September 30, 2008
...there will have to be a new plan, one that's better than a strategy of buying toxic assets with taxpayers' money. Read about it in its report US - rejection! . The House reconvenes later this...
Can the bailout fix things?
in Sox First, on September 29, 2008
...providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, and for other purposes". It's the biggest financial rescue since the Great Depre...
Washington Mutual - another one bites the dust
in Sox First, on September 26, 2008
...on't take many more failures before the FDIC itself runs out of money." And once more, US taxpayers will be footing the bill, paying for the excesses of the reckless financial engineers who ...
My Sentiments Exactly
in The Personal Finance Weblog, on September 23, 2008
... administration. ... There are much better ways of dealing with this problem than forcing American taxpayers to pay for every asset some investor doesn't want anymore."
...
US taxpayers subsidize CEO pay
in Sox First, on August 26, 2008
...
US taxpayers are subsidizing CEO salaries by more than $20 billion a year through tax and accounting loopholes, according to a report by the Institute of Policy Studies. That is more than double...
Putting the squeeze on ratings agencies
in Sox First, on August 4, 2008
...ard& Poor's and Fitch for alleged deceptive and unfair practices that are said to have cost taxpayers millions of dollars. Richard Blumenthal, Connecticut's attorney-general, has accused ...
New Jersey May Allow Township Owned Slot Machines
in The Gambling Weblog, on June 19, 2008
...ot machines.
The plan is a bit clumsy and complicated but at least everyone benefits including the taxpayers who get something for their money.
Source:www.wikimedia.org
...
Chat Tax!
in Tech Without Wires, on June 18, 2008
...orcing the council to search for new revenue.
Timothy Bittle, director of leagal affairs for the taxpayers group said it best: "They're packaging it as a tax reduction and it's not. It&...
Failed audit in Iraq
in Sox First, on May 25, 2008
...t auditors have found that the contracting practices in Iraq are deficient. And a complete waste of taxpayers' money. The New York Times reports that the us army 's disbursement of $8...
FBI Issues Phishing Warning
in I got Spam?!, on May 24, 2008
... via e-mail. In addition, the IRS does not request detailed personal information via e-mail or ask taxpayers for the PIN numbers, passwords, or similar secret access information for their credit card,...
Fewer big corporations getting tax audits
in Sox First, on April 15, 2008
...than $250 million in assets delivered $7498 in additional taxes. And that puts more of a burden on taxpayers....
The Fed, the Bear and moral hazard
in Sox First, on March 25, 2008
...re to bear the risk of default. Professor Ann Graham says the bail out of Bear Stearns, which uses taxpayers money to guarantee the bank's troubled subprime mortgages, has all the features of mor...
SOX and the Bear deal
in Sox First, on March 19, 2008
...h. No longer is the Fed simply pumping money into the economy to promote lending. It is now putting taxpayers on the hook for investments of uncertain value and extending federal help to Wall Street f...
Spitzer's demise is Wall Street's gain
in Sox First, on March 13, 2008
The headline on The Wall Street Journal says it all: Wall Street Cheers As Its Nemesis Plunges Into Crisis. Andrew Sabin, a friend of Dick Grasso who Spitzer had sued to recover most of $190 million he had earned as head of the exchange, put it thus: "I said I'd buy Dick some champagne...
We Take High School Football A Tad Too Seriously
in End Zone Buzz, on March 7, 2008
... over a controversial shot.
Don't worry, it probably won't be that big of an expense to taxpayers. You know, buying the cameras. Then buying the televisions. Then hiring people to operate ...
