Taxpayers need a lifeline.
It's only a matter of time before the FDIC will have to tap its Uncle Sam lifeline. 1) In the second quarter, FDIC problem banks spiked 36% and now represent $300 billion in assets. In contrast, the FDIC's own fund balance dropped 2... Read Post
Fox News falsely claimed that the Lifeline program to provide low-income Americans with cell phone access is funded by taxpayers. In fact, it's funded entirely by fees charged to phone providers and other telecommunications companie... Read Post