The SEC as a Political Agency, Nothing More, Nothing Less
• Economic Policy JournalIt's clear to see that the SEC is really going after Cuban because of his in your face attitude in battling the SEC, in addition to his high profile.
Contents Pages by Subject
Corruption
Let's Not Forget about the NY Fed Connection
• Goldman Sachs 666Turbo Tim was president of the New York Fed during the five years prior to his appointment as Treasury Secretary. Becker and Morgenson pointed out many of the ways in which "conflict of interest" seems to be one of the cornerstones of that institutio
A Rare Earth Mine, Goldman Sachs and a $3m Grant
• MetalMinerThe mine was owned by Chevron until last year when it sold the mine, facilities and name to an investment vehicle called Rare Earth Acquisitions LLC, owned in varying degrees by Goldman Sachs,
Corruption: FHA Is Dying, Will Anyone Stop It?
• The Market TickerLet's cut the crap here with the claims that the "FHA is making sound loans:"The idea the FHA needs a rescue is “just plain wrong,” Stevens said in an Oct. 6 letter to the Wall Street Journal.
Mr. Geithner, Wall Street is on Line 1 (again)
• APEven during his most frenzied days, when Congress is demanding answers or the president is calling, Treasury Secretary Timothy Geithner makes time to talk to a select group of powerful Wall Street bankers. They are a small cadre of businessmen who
Piracy on Treasure Island Congressional land grab for developers?
• Washington TimesPoliticians with ties to land developers are trying to force the Navy to hand over one of the most valuable pieces of property in the country for free.
Rep. Waters: 'Many members' suffer from disclosure problems like Rep. Rangel
• The Hill"Many members" of Congress suffer from the same disclosure issues as Rep. Charles Rangel (D.N.Y.), one of his allies said Wednesday. Rep. Maxine Waters (D-Calif.) downplayed the seriousness of allegations against Rangel that he failed to disclose
Ethics Now Tops Economy As #1 Issue
• National Legal & Policy CenterWhen former Illinois Governor Rod Blagojevich was heard on FBI wiretaps selling President Obama’s Senate seat, Obama first called for a special election. When it looked like a Republican might win, Obama acquiesced to Blagojevich’s appointment of lau
United States is a stockholder of MERS
• News LinkUnited States is a stockholder of MERS
E-mail inquiry yields 2d computer Machine may hold most of Menino aide’s data
• Boston.comBoston officials acknowledged yesterday that they have discovered a second computer used by chief mayoral aide Michael J. Kineavy, a hard drive tucked away in a sixth-floor office that may contain the bulk of the e-mail subpoenaed by federal authorit
ACORN hired people still in prison, convicted of IDENTITY THEFT!
• FireanddreammitchellNevada Secretary of State Ross Miller, a democrat, told FOX News that not only was ACORN turning in bogus voter registrations but that they were hiring prisoners for their voter registration drives. (according to Big Government): Ross said that
The Crime of the Century Continues
• Crime & FederalismSure, that is all very sad...Don't you realize, though, how much money Goldman Sacks and George Soros put into getting Obama elected? You think billionaires invested in a presidential election because they cared about the common man?
Capitalism: A Love Story': Money Jungle,
• MtvMoore also clearly illustrates the revolving door between the executive suites of high finance and the halls of government. (The name of Goldman Sachs, the big investment banking firm, crops up a lot here he pointedly notes that Goldman Sachs was the
Congressional leaders fight against posting bills online
• Washington ExaminerAs Congress lurches closer to a decision on an enormous overhaul of the American health care system, pressure is mounting on legislative leaders to make the final bill available online for citizens to read before a vote.
Fed won't have to immediately disclose lending details Federal Appeals court grants central ban
• MarketwatchThe Federal Reserve won't have to disclose details of its emergency financial crisis lending programs immediately after an appeals court on Tuesday approved the central bank's appeal to suspend a lower court ruling requiring such disclosure pending r
Rangel rakes in cash from island rum scrum
• Washington TimesThe outcome of a legislative tussle over rum taxes between Puerto Rico and the U.S. Virgin Islands remains in doubt, but there is already one clear winner - the House's top tax writer, Rep. Charles B. Rangel, a New York Democrat who is pocketing camp
Breaking: Louisiana Attorney General: Rathke Embezzled $5 Million From ACORN
• Big GovernmentAn internal review by the board of directors of the community organization ACORN determined that the amount allegedly embezzled from the community organization was $5 million, well more than the previously reported amount of nearly $1 million, accord
Court won't block Catholic priest sex abuse papers release
• UPIThe U.S. Supreme Court refused to keep court documents on sex abuse cases involving Connecticut Catholic clergy sealed temporarily. The diocese has been struggling for years to keep the documents sealed, and the request to
Rangel Ducks, Runs From Ethics Questions
• NY Daily NewsRep. Charlie Rangel ducked reporters’ questions about his ethics troubles and heard a nasty catcall from a passerby during a Manhattan news conference this afternoon.
Stu Bykofsky: Philly politics is Einsteinian insanity: It's time for 2-party rule
• Philly.comEINSTEIN DEFINED insanity as doing the same thing over and over and expecting a different result. Next month, will Philadelphians hoping for an improved city again elect nothing but Democrats and expect a different result?
ACORN ILLEGALLY USED PRISONERS TO CANVAS FOR VOTER REGISTRATION DRIVES
• BreitbartNevada Secretary of State Ross Miller, a democrat, told FOX News that not only was ACORN turning in bogus voter registrations but that they were hiring prisoners for their voter registration drives.
U.S. Loan to Brazilian Oil Company Riles Conservatives in Favor of Offshore Drilling
• FoxSome see a contradiction in an executive-branch agency facilitating abroad the very kind of energy exploration President Obama opposes domestically. No one has accused Soros of wrongdoing, but some say the transaction does not pass the SMELL test.
Goldman to be paid $1bn if CIT fails
• Financial TimesGoldman Sachs stands to receive a payment of $1bn – while US taxpayers would lose $2.3bn – if embattled commercial lender CIT files for Chapter 11 bankruptcy protection, people familiar with the matter said.
The murky world of informants
• Baltimore SunBaltimore case shows how the line between law and disorder blurs when cops and crooks exchange information for money
Expert on Structured Finance and Derivatives: Rampant Fraud and Ponzi Scheme Caused Crisis
• Washington;s BlogWall Street supplies a swinging door of jobs for its financial regulators, and—in the case of many members of Congress and our Presidents—campaign contributions. This dependence is known as “capture,” and the result is that instead of reigning in Wal
Material, Non-Public Information? Why JPMorgan Does Not Care; And Why If You Are A Corporate Insider
• Zero HedgeA recurring theme on Zero Hedge over the past few months has been the inordinate (and seemingly inexplicable if one takes at face value the arguments for an improving economy) amount of insider selling of corporate shares, which has reached a stagger
Ex-Darpa Chief Joins D.C. Lobbying Firm
• WiredFormer Darpa director Tony Tether is joining a Washington-area lobbying firm best known for its influence on Capitol Hill. But Tether — who served for more than seven years as the head of the Pentagon’s premiere research arm — says he won’t be doing
The Real Reason the Giant, Insolvent Banks Aren't Being Broken Up
• Washington's BlogWhy isn't the government breaking up the giant, insolvent banks? We Need Them To Help the Economy Recover? Do we need the Too Big to Fails to help the economy recover? No.
From The "Just Unbelievable" Department:
• The Golden TruthIs Obama a Robin Hood in reverse? A Robbing Hood, perhaps? I guess you could call this Obama's "Trickle Up" Theory - socialism for the wealthy.
Who's Afraid of Sibel Edmonds (Publisher: Recommended)
• The American Conservative(She's keeping her word. Thanks Sibel) Sibel Edmonds has a story to tell. She went to work as a Turkish and Farsi translator for the FBI five days after 9/11. Part of her job to translate adn transcribe recordings of conversations between suspect
