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Tag: economy

Robin Hood Tax


How Much Jail Time Do You Get For Stealing a Purse?

From the AP:

WASHINGTON - The federal government has devoted $4.7 trillion to help the financial sector through its crisis, a watchdog report said Monday.
Under the worst of circumstances, the report said, the government’s maximum exposure could total nearly $24 trillion, or $80,000 for every American. Read more »

Wow

From Vanity Fair:
Global financial ambition turned out to have a downside. When their three brand-new global-size banks collapsed, last October, Iceland’s 300,000 citizens found that they bore some kind of responsibility for $100 billion of banking losses—which works out to roughly $330,000 for every Icelandic man, woman, and child. On top of that they had [...] Read more »

One of the Most Absolutely Fascinating Things I’ve Read All Year

Right here. Read more »

Thieves

Remember this guy from Speed?

He tried to steal money with bombs.

And remember this guy from Die Hard?

He tried guns.

They should have tried asking Congress.

It seems much more likely to succeed. Read more »