Economy

Federal Reserve Tries to Burnish Image with Ad Campaign

The Federal Reserve Bank is on the hot seat for failing to protect consumers from unscrupulous mortgage lenders, failing to predict or prevent the financial crisis, and its involvement in the multi-billion-dollar, 2008 taxpayer-funded bailouts, making this a great time to run an ad campaign to try and burnish its image.

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Congress Subverts Transparency in Digital Version of Expense Report

In a supposed bid to increase transparency in government, House Speaker Nancy Pelosi asked Congress to post its quarterly expense reports (pdf) online, where the public can view them. But transparency took a hit in the digital age.

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Frank Capra: Great Movie Maker, Brilliant Financial Analyst

The Center for Media and Democracy's BanksterUSA campaign released a new video today, "It's NOT Such a Wonderful Life," saluting the classic film by Frank Capra. Our short video takes footage from the 1946 black and white film to make a point about today's financial crisis and the need for Congress to step up efforts to regulate banks so that this type of catastrophic financial meltdown never happens again. You can view our video at our BanksterUSA website or on our new YouTube channel. We hope you'll share the video with your friends.

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