Timothy Sumer

Sen. Elizabeth Warren tells why the Republicans in the House are threatening another government shutdown--because they want to rid the regulations that help prevent economic recession and government bail-outs. This proves they are not representing us but want to benefit themselves with campaign contributions and lobbying positions in the private sector. "It's about money and power."... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Republicans Love Bank Bailouts Using Your Money Bank bailouts have been a controversial topic in American politics for years. While both major political parties have supported these measures at various times, it is often the Republican Party that is consistently accused of favoring bank bailouts using taxpayers' money. This article aims to explore this claim and shed light...

When congress voted for the bank bailouts, were they going to personally benefit from it? Cenk Uygur, host of The Young Turks, breaks it down. Tell us what you think in the comment section below. "Do the personal assets of congressional lawmakers affect the way they vote on federal legislation? New data says yes -- at least when it comes to their votes to bail out Wall Street with hundreds of billions of taxpayer dollars. Amid the 2008 financial crisis, congressional lawmakers passed a bill providing $700 billion of direct support to major banks. In a new study, researchers from the London Business School and Tillburg University cross-referenced lawmakers’ vote for that controversial legislation with those lawmakers’ financial holdings. Their conclusion: members of the U.S. House of Representatives with a personal stake in bank stocks were far more likely to support the legislation than those who were not invested in those institutions." Read more here: Hosts:...