Print Version Source: Think Progress The biggest critic of a massive prison privatization scheme in Florida was stripped of his chairmanship of the Budget Subcommittee on Criminal and Civil Justice Appropriation for opposing Gov. Rick Scott’s (R) plan to outsource prison oversight to the lowest bidder. Sen. Mike Fasano (R) is one of ten Senate [...]
Currency Wars – Iran Banned From Trading Gold and Silver January 24, 2012 Print Version Source: GoldCore Gold’s London AM fix this morning was USD 1,675.00, GBP 1,076.55, and EUR 1,294.94 per ounce. Friday’s AM fix was USD 1,646.00, GBP 1,064.68, and EUR 1,274.29 per ounce. Cross Currency Table – Bloomberg Gold has risen in [...]
Obama to Use Pension Funds of Ordinary Americans to Pay for Bank Mortgage “Settlement” January 24, 2012 Print Version Source: Naked Capitalism Obama’s latest housing market chicanery should come as no surprise. As we discuss below, he will use the State of the Union address to announce a mortgage “settlement” by Federal regulators, and at [...]
Israeli hackers bring down Saudi, UAE stock exchange websites January 20, 2012 Print Version Source: Haaretz Israeli hackers brought down the websites of both the Saudi Stock Exchange (Tadawul) and the Abu Dhabi Securities Exchange (ADX) Tuesday, in the latest episode of a continuing cyber war between hackers in the two countries. The Israeli hackers, [...]
Mafia is now Italy’s ‘biggest bank’ – and they’re squeezing the life out of small business January 11, 2012 Print Version Source: The Mail Online Organised crime is the biggest earner in Italy – with a turnover of more £100 billion a year – according to a report by business chiefs. Extortion and intimidation is [...]
Iran, Russia Replace Dollar with National Currencies in Trade Exchanges January 8, 2012 Print Version Source: Fars News Speaking to FNA, Tehran’s Ambassador to Moscow Seyed Reza Sajjadi said that the proposal for replacing US Dollar with Ruble and Rial was raised by Russian President Dmitry Medvedev in a meeting with his Iranian counterpart Mahmoud [...]
Personal incomes fall more during ‘recovery’ than during the recession January 4, 2012 Print Version Source: The BLAZE America’s longest economic recession since WWII, ended in June of 2009. The recession’s end means that our economy has allegedly been in recovery mode since July of 2009, more than two and a half years. If we [...]
Eight Strategic Factors to Consider in 2012 Written by Strategic Studies Wednesday, 04 January 2012 03:23 Message : Investors: Get a free copy of our latest investment report: The Biggest Upside Stock in the Bakken Oil Formation.This junior company already has great operational success on its huge Bakken land position… and could very well be [...]
Bank Of America Dumps $75 Trillion In Derivatives On U.S. Taxpayers With Federal Approval December 23, 2011 Print Version Source: Seeking Alpha Bloomberg reports that Bank of America (BAC) has shifted about $22 trillion worth of derivative obligations from Merrill Lynch and the BAC holding company to the FDIC insured retail deposit division. Along [...]
U.S. Income Inequality Higher Than Roman Empire’s Levels: Study December 20, 2011 Print Version Source: Huffington Post Many tout the U.S. as the Roman empire of the modern world. But as it turns out, that comparison may not be all good. Income inequality in America is at levels even higher than those in ancient [...]
30 Major U.S. Corporations Paid More to Lobby Congress Than Income Taxes, 2008-2010 December 10, 2011 Print Version Source: International Business Times By employing a plethora of tax-dodging techniques, 30 multi-million dollar American corporations expended more money lobbying Congress than they paid in federal income taxes between 2008 and 2010, ultimately spending approximately $400,000 every [...]
Was Blagojevich Arrested On Corruption Charges After Going Up Against Bank of America? Posted by Camron Wiltshire on December 9, 2011 Site’ editor’s note: Former Illinois Governor Rob Blagojevich was sentenced to 14 years this week after being convicted of a wide range of corruption charges, including the allegation that he tried to sell the [...]
Class of Homebuyers Claims BofA Found a New Dirty Trick December 7th, 2011 This one will take your breath away. Via: Courthouse New Service: Bank of America found a new way to illegally extract money from customers, according to a federal class action: deduct taxes and insurance from mortgage payments, even though the homebuyers [...]
Wall Street’s “Secret Government” December 2nd, 2011 Via: Alternet: We now have concrete evidence that Wall Street and Washington are running a secret government far removed from the democratic process. Through a freedom of information request by Bloomberg News, the public now has access to over 29,000 pages of Fed documents and 21,000 additional Fed [...]
Turns out the ‘Government Sachs’ conspiracy theorists were right all along December 2, 2011 Print Version By Madison Ruppert EndTheLie.com In a shocking article published in Reuters, Felix Salmon confirmed what the so-called conspiracy theorists have said all along: former Secretary of the U.S. Treasury Hank Paulson was giving insider tips to his cronies at Goldman Sachs and other Wall Street [...]
