Sunday, January 3, 2010

Vampire Squid: Still Sucking American Blood

Earned $25,000 last year in honest toil? Prepare to fork over 25% of your income in taxes.

Scammed $2.3 billion through state-subsidized speculation and borrowing from the Federal Reserve at 0% interest and lending to everyone else at 5%? If you're Goldman Sachs, a.k.a. the Vampire Squid, you'll pay only $14 million in taxes, a tax rate of 1%.

Wall Street doesn't even have the buy off government officials anymore. That's because they ARE the government.

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