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December 14, 2023 12:11 PM
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'Pure garbage': Morning Joe slams Wall Street fat cats for whining as they rake in cash - Raw Story

'Pure garbage': Morning Joe slams Wall Street fat cats for whining as they rake in cash - Raw Story | Agents of Behemoth | Scoop.it

MSNBC's Joe Scarborough slammed Wall Street executives who are raking in cash as the stock market hits record highs while bemoaning the supposed poor state of the economy under President Joe Biden.

runtzwraps's curator insight, December 18, 2023 3:40 PM
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July 21, 2020 5:33 PM
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Meet the Banking Caucus, Wall Street's secret weapon in Washington - PublicIntegrity.org

Meet the Banking Caucus, Wall Street's secret weapon in Washington - PublicIntegrity.org | Agents of Behemoth | Scoop.it
Industry campaign cash flows to pro-bank activists in Congress, yielding big returns.
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February 22, 2019 1:08 PM
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U.S. banks raked in record profits thanks to GOP tax bill – ThinkProgress

U.S. banks raked in record profits thanks to GOP tax bill – ThinkProgress | Agents of Behemoth | Scoop.it

President Donald Trump and congressional Republicans marketed their bill, the Tax Cuts and Jobs Act, as a gigantic boon for the middle class — even promising the average family would receive a $4,000 pay raise. In spite of the economic boom in the corporate and banking sectors, the American middle class has been largely unaffected by the measure, which passed in December of 2017. Meanwhile, corporations and big banks are rolling in cash..

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October 21, 2022 10:46 AM
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Judge who ruled against CFPB took thousands in Wall Street campaign cash: Watchdog - RawStory.com

Judge who ruled against CFPB took thousands in Wall Street campaign cash: Watchdog - RawStory.com | Agents of Behemoth | Scoop.it

The federal judge who ruled this week that the Consumer Financial Protection Bureau's funding structure is unconstitutional was a longtime recipient of campaign cash from Wall Street bankers—including several whose banks were held accountable by the bureau for abusive practices...

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April 3, 2020 8:45 AM
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Investment companies reportedly lobbying for stimulus aid - NYPost.com

Investment companies reportedly lobbying for stimulus aid - NYPost.com | Agents of Behemoth | Scoop.it

While supporters say the campaign could be critical in keeping fragile startups in business, critics argue it would just amount to a handout to wealthy Wall Street investors, Politico reported.

The Swarm's insight:

Why does our government continually give these corporate persons our hard-earned money? Every time working class or middle-class taxpayers need help, the skinflints, cheapskates and misers in Congress drag their feet or turn their backs on us all together. Meanwhile, lobbyists from investment firms slink through the halls of Congress with their hands out. It's not fair, because it's taxpayer money. Our money.

 

So let's call it what it is: a handout. Every time our country is in dire straits, we can't rely on them, so what do these companies, do for our country that justifies giving them another handout? If they know of startups that are so fragile, let those companies pool their own money and finance those startups themselves. It's that simple.

 

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