Let’s wait before we slam the POTUS’ picks for lack of diversity

President Barack Obama and Vice President Joe Biden pose with the full Cabinet for an official group photo in the East Room of the White House, Sept. 10, 2009. - Creative Commons

Criticism is often offered before people know exactly what they are criticising; that goes for politics, interpersonal relationships and it’s certainly evident in social media interactions. Case in point: recent criticism over President Obama’s picks to fill his cabinet have reminded me very much of those people who see an article posted on Facebook and then make comments based on solely on the title without ever having read the article to which it’s attached.… [Read more]

Lessons Not So Learned: A 2008 Redux?

Oval Office

Let’s turn back the clock to that very special time in 2008 when the economy nearly collapsed. What lovely memories. Lehmann Brothers, AIG, Skank of America, and ShittyBank almost succeeded in making the dollar as valuable as pinkish Monopoly money. People were freaking out. Wall Street was freaking out. Congress was freaking out. It was a total freak fest.… [Read more]

Another Big Bank Heist

Banker

The word is out: The Securities and Exchange Commission (SEC) settled with Citigroup for $285 million.  In yet another case of fraud by a ‘too-big-to-fail’ bank, investors lost millions as the result of being misled — this time, about mortgage bonds.  In the settlement, Citigroup doesn’t admit or deny the allegation that they behaved badly and/or did anything wrong by betting against the very mortgage securities they convinced their investors to buy.… [Read more]