Maxine Waters The House ethics committee on Monday outlined its charges against Rep. Maxine Waters, who is accused of helping a bank in which her husband owned stock secure federal bailout funds. The committee charged the 10-term California Democrat with three counts of violating House rules and the federal ethics code in connection with her…
Tarp Regulator Neil Barofsky: “Offered the Bullet or the Bribe, the Gold or the Lead” TARP regulator and former federal prosecutor Neil Barofsky made some startling accusations. He not only accused the Obama Administration of attempting to bribe him into silence, but he also stated that he was threatened with harm if he didn’t cooperate.…
Reality is finally settling in. Natural laws of supply and demand are back in action. Stocks are sliding, banks are finally slimming down, and oil’s getting crushed. The market at large has proved its innate vulnerability despite the Fed’s best efforts to distort the real macroeconomic picture at play. Economists are (finally) admitting that central…
TREASONIST JOE BIDEN/EPA GIVES GRANTS TO CHINA TO PRODUCE COAL: U.S. MIDDLE CLASS ON DEATH WATCH! The U.S. Army War College has revoked the master’s degree of U.S. Senator John Walsh of Montana, the result of a plagiarism scandal that prompted him in August to abandon his election bid, both Walsh and the college said…
Just 13 days before Julian and Alita Knott were found dead in their home, another highly skilled technology worker at JPMorgan died suddenly. This death has not previously been reported by the media. Richard Gravino, age 49, was an Application Development Team Lead for JPMorgan in Tampa, Florida. His death occurred on June 24, 2014…
Institutionalizing the speculative excesses that inflated the previous housing bubble has fed magical thinking and fostered illusions of phantom wealth and security. The global housing market has been dominated by magical thinking for the past 15 years. The magical thinking can be boiled down to this: A person who buys a house for $50,000 will…
Obama’s Tarp Regulator Neil Barofsky: “Offered the Bullet or the Bribe, the Gold or the Lead” TARP regulator and former federal prosecutor Neil Barofsky made some startling accusations. He not only accused the Obama Administration of attempting to bribe him into silence, but he also stated that he was threatened with harm if he didn’t…
While the Obama Administration laughably claims that its disastrous bank bailout has turned a profit, a federal investigation reveals this week that hundreds of small financial institutions can’t afford to repay the government loans and its costing U.S. taxpayers tens of billions of dollars.
Grassley works to empower Special Inspector General for TARP to conduct M E M O R A N D U M TO: Reporters and Editors RE: Grassley letter to Geithner regarding the SIGTARP Senator Chuck Grassley issued the comment below about his letter to the Treasury Secretary asking for an explanation of the resistance of…
