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Latest Articles: Corrupt Government
Fed Members Laughed As Housing Bubble Grew
Post Date: 2012-01-30 19:34:39 by Brian S
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It was good times at the Federal Reserve [cnbc explains] five years ago: Low interest rates instituted by then-Fed Chief Alan Greenspan had housing prices booming, the stock market was rising and Fed members were—literally—laughing their way to the...well, central bank. History shows they may have been laughing a bit too hard. In what may be the strangest market indicator ever, a blogger found that the amount of laughter recorded in the official transcripts of Federal Reserve Open Market Committee meetings from 2000 to 2006 correlates almost perfectly with the rise in housing prices taking place at the time. A particular series of side-splitting meetings by the central bank in ...
Indy Super Bowl: National Security State Protects Sports Fans from Prostitutes
Post Date: 2012-01-30 17:06:33 by Hondo68
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In Indianapolis, local cops and the FBI have set-up a massive surveillance grid ahead of the Super Bowl, slated for February 5th. The heightened security – including a smartphone photo and video surveillance network, the installation of 150 new manhole covers, and the virtual lockdown of a 44-block area – is not in response to a possible attack by al-Qaeda, but will be used to detect “signs of pickpocketing, prostitution or other trouble.” During past Super Bowls, the threat posed by prostitutes and pickpockets was so great the state was obliged to respond with militarized police. According to the Department of Homeland Security, the Super Bowl rates as a “national ...
Obama Economic advisor & MF Global CEO Corzine (D-NJ) "vaporized" $1.2B
Post Date: 2012-01-30 11:05:37 by Happy Quanzaa
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Probe officials believe most of clients' missing $1.2B might never be recovered Nearly three months after MF Global Holdings collapsed, officials hunting for an estimated $1.2 billion in missing customer money increasingly believe that much of it might never be recovered,... Read Full Story
Media Ignores Another Friday Night Fast & Furious Document Dump
Post Date: 2012-01-30 06:11:11 by Happy Quanzaa
1 Comments
Oh look! The Justice Department decides to dump 500 pages on Congress on a Friday night! If they really want to be secretive or different they’d choose to dump documents on a Tuesday night. We’re almost looking forward to Friday nights because that’s when we can expect anything about Fast and Furious from the Justice Department. Attorney General Eric Holder is set to testify on Thursday, February 2 in front of the Oversight and Government Reform Committee so it’s no surprise there was a dump last night. I was looking through my timeline when I saw Michelle Malkin’s tweet about the documents. The link led to NPR, which shocked me they would be the ones to have it ...
The First Big Butt's $50K luxury lingerie shopping spree shuts down Madison Ave.
Post Date: 2012-01-30 06:00:16 by Happy Quanzaa
25 Comments
Agent Provocateur sales boosted by US First Lady Michelle ObamaAgent Provocateur saw sales jump by more than 12pc, helped by US First Lady Michelle Obama spending $50,000 (£31,794) in one shopping spree. The First Lady – better known for shopping at more modestly-priced High Street stores – along with the Queen of Qatar, Sheikha Mozah, closed off part of Madison Avenue to spend time in the luxury lingerie shop. Their purchases contributed to a market-spanking 12.5pc lift in sales. Agent Provocateur, which is styled on vintage Hollywood glamour, sells handmade Calais lace corsets that sell for up to £900, which could ruffle the feathers of more than just President ...
Solargate Update: 3 Stimulus scams crash in 1 week
Post Date: 2012-01-29 08:15:54 by Happy Quanzaa
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Earlier this week, Stimulus beneficiary Evergreen Energy bit the dust. Then, Ener1, a manufacturer of batteries for electric vehicles and recipient of Stimulus largesse, filed for bankruptcy. And today, the Las Vegas Sun reports that Amonix, Inc., a manufacturer of solar panels that received $5.9 million from the Porkulus, will cut two-thirds of its workforce, about 200 employees, only seven months after opening a factory in Nevada. I foresaw this spate of bad news last November. As I explained yesterday, In a previous post, I compared renewable energy spending in the 2009 Stimulus to a green albatross burdening the President. I argued that Stimulus spending was inherently wasteful, ...
QE3 is here: Barry & Bernie's Big Euro Bailout Adventure
Post Date: 2012-01-29 08:00:39 by Happy Quanzaa
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Fed Won't Admit it - But QE3 is Already in Force (SAN DIEGO) ETFguide.com - The Fed telling us there is no QE3 is like a vegetarian eating short-rib ravioli or pork eggrolls. Just because you can't 'see' it doesn't mean it's not there. True, there is no QE3 (yet) in the form of QE1 or QE2. QE stands for quantitative easing and quantitative easing happens when a central bank buys financial assets to inject money into the economy. Even though it's not called QE3, the Fed is right now making billions of dollars available to buy financial instruments. We're not talking about Operation Twist here; we're talking about a covert operation that's ...
Gingrich's Billionaire Campaign Backer Under Federal Investigation After Lawsuit Alleges He Hushed Possible Ties To Chinese Organized Crime
Post Date: 2012-01-28 18:37:00 by Brian S
1 Comments
The billionaire casino mogul who has breathed new life into Newt Gingrich's presidential campaign with millions of dollars in donations is facing a federal investigation over whether his company violated the Foreign Corrupt Practices Act, which prohibits bribing foreign officials. The investigation stems from a lawsuit filed by a former executive at the Sands Macau in China, the company has said. Steven C. Jacobs claims he was told the keep quiet about investigations of local officials and the possible presence of the triads - Chinese organized crime - in the casino. Sheldon Adelson, who founded and runs Las Vegas Sands Corp -- one of the largest casino and resort companies in the ...
After Billions in Federal Bailouts Now Government Motors Lobbying States for More
Post Date: 2012-01-28 10:25:52 by Happy Quanzaa
1 Comments
How much bailing out does one company need? After receiving some $50 billion in tax dollars from us courtesy of Obama’s “cash stash,” GM is claiming success with a “big profit” with last year’s third quarter report, and in his recent State of the Union Speech, President Obama claimed that GM was “back on top as the world’s number one automaker.” But true or not, if all is coming up roses for GM, why is the company now lobbying the individual states for mini bailouts? That is exactly what is happening. The new “big success” automaker is spending millions hiring lobbyists to squeeze more millions out of state legislatures. As Justin ...
If Low Interest Rates are Good for the Economy then Why Aren’t Low Tax Rates?
Post Date: 2012-01-28 10:03:53 by CZ82
1 Comments
If Low Interest Rates are Good for the Economy then Why Aren’t Low Tax Rates? The Federal Reserve has come out with an economic outlook report. The low growth numbers led to a statement that interest rates would not be raised until late in 2014. MoneyNews.com offered this statement on the Federal Reserve action: The Federal Reserve has downgraded its outlook for economic growth this year but is slightly more optimistic about the unemployment rate. The Federal Reserve also says it plans to keep interest rates “exceptionally low” until at least late 2014, longer than previously forecast, while it expects unemployment will stay high and inflation will remain ...
Pardongate 1%er ass & cash skank Denise Rich's $65 mil NYC co-op for sale
Post Date: 2012-01-27 11:40:01 by Happy Quanzaa
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Denise Rich selling NY's most expensiveco-op for $65 million It’s the city’s most expensive co-op apartment — and it can be all yours for a cool $65 million. Songwriter Denise Rich — ex-wife of presidential-pardon recipient Marc Rich — is putting her Fifth Avenue penthouse on the selling block. With such a staggering price tag, a buyer can expect a bit more than the basic luxury amenities. The digs are so expansive that Rich — who penned the lyrics to such hits as the Aretha Franklin-Mary J. Blige duet, “Don’t Waste Your Time,” and Mandy Moore’s “Candy” — once converted one of her three terraces into a ...
Solargate Update: Electric-Car Firm That Received Biden Visit & $118M in Stimulus Funds Files for Bankruptcy
Post Date: 2012-01-27 08:00:02 by Happy Quanzaa
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Vice President Joe Biden viewed an electric carthat used Ener1 batteries as he toured the Ener1battery factory in Greenfield, Ind., on Jan. 26,2011. (White House photo/David Lienemann) (CNSNews.com) - Ener1--a company that manufactures batteries for electric cars, and that received $118.5 million in federal stimulus money, and that Vice President Joe Biden visited last year the day after President Obama’s State of the Union Address—announced today that it has filed for Chapter 11 bankruptcy protection. In last year’s State of the Union Address, delivered Jan. 25, 2011, President Obama set a national goal of having a million electric vehicles on the road in the United States ...
Obama Signs Global Internet Treaty Worse Than SOPA (FTC taken offline by Anonymous)
Post Date: 2012-01-26 17:12:45 by Hondo68
3 Comments
White House bypasses Senate to ink agreement that could allow Chinese companies to demand ISPs remove web content in US with no legal oversightMonths before the debate about Internet censorship raged as SOPA and PIPA dominated the concerns of web users, President Obama signed an international treaty that would allow companies in China or any other country in the world to demand ISPs remove web content in the US with no legal oversight whatsoever. The Anti-Counterfeiting Trade Agreement was signed by Obama on October 1 2011, yet is currently the subject of a White House petition demanding Senators be forced to ratify the treaty. The White House has circumvented the necessity to have the ...
Drowning In Hypocrisy
Post Date: 2012-01-26 15:13:39 by Capitalist Eric
1 Comments
The US government is so full of self-righteousness that it has become a caricature of hypocrisy. Leon Panetta, a former congressman who Obama appointed CIA director and now head of the Pentagon, just told the sailors on the USS Enterprise, an aircraft carrier, that the US is maintaining a fleet of 11 aircraft carriers in order to project sea power against Iran and to convince Iran that “it’s better for them to try to deal with us through diplomacy.” If it requires 11 aircraft carriers to deal with Iran, how many will Panetta need to project power against Russia and China? But to get on with the main point, Iran has been trying “to deal with us through diplomacy.” ...
Obama Administration Purposely Misled Public about Gulf Oil Spill Estimates (messiah well lubricated with oil money)
Post Date: 2012-01-26 15:08:25 by Hondo68
2 Comments
Public Employees for Environmental Responsibility (PEER) has accused the Obama administration of deliberately misleading the public about how much oil gushed from the ruptured BP well in the Gulf of Mexico in 2010. Using the Freedom of Information Act, PEER obtained an email from a top administration official that revealed that the White House was pressuring top government scientists to low-ball the oil flow rate. In late May 2010, Dr. Marcia McNutt, director of the U.S. Geologic Survey and head of the government’s Flow Rate Technical Group, wrote to scientists who complained about the misleading information coming out of the White House about the crisis. “I cannot ...
The Political Party Illusion
Post Date: 2012-01-26 15:04:07 by Capitalist Eric
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It has been said that every great nation has its rise and fall; that its rise occurs as a result of the population (in general) becoming determined to work hard to create a better life, and that its fall occurs when the population becomes spoiled, then complacent and then finally, apathetic. Much of the First World has reached this latter stage, all (to varying degrees) at the same time. Unfortunately, from a historical standpoint, the period of apathy is almost invariably followed by a period of bondage – a marked social and economic decline in which the people of the nation become little more than serfs of the state that rules them. While most readers would agree that this ...
Thou Shalt Not Write Bad Things About Obama
Post Date: 2012-01-26 10:40:35 by Happy Quanzaa
5 Comments
Drudge has a story about Obama getting off of Air Force One in Arizona, greeting Republican governor Jan Brewer, and immediately giving her a piece of his mind. Evidently our president did not appreciate something Brewer wrote about him. According to the pool report, they had a testy exchange from which the president walked away as Brewer was still speaking. Sound familiar? Bobby Jindal got the same treatment when Obama came to visit Louisiana and the governor met him on the tarmac. Jindal would later recount in his book: I was expecting words of concern about the oil spill, worry about the pending ecological disaster, and words of confidence about how the federal government was here to ...
Obama's Attorney Jablonski Slapped Down By Georgia SOS Over Obama's Ballot Access Hearing
Post Date: 2012-01-25 23:15:06 by Murron
1 Comments
Obama's Attorney Jablonski Slapped Down By Georgia SOS Over Obama's Ballot Access Hearing Michael Jablonski 260 Brighton Road, NE Atlanta, Georgia 30309 michael.jablonski@comcast.com RE: Georgia Presidential Preference Primary Hearings Dear Mr. Jablonski: I received your letter expressing your concerns with the manner in which the Office of State Administrative Hearings ("OSAH") has handled the candidate challenges involving your client and advising me that you and your client will "suspend" participation in the administrative proceeding. While I regret that you do not feel that the proceedings are appropriate, my referral of this matter to an ...
Barry breaks shitty on AZ Gov Brewer @ Phoenix Airport [Full Thread]
Post Date: 2012-01-25 21:33:57 by Happy Quanzaa
111 Comments
Obama, Arizona governor in confrontation at Phoenix airport Last Updated: 7:44 PM, January 25, 2012 AP PHOENIX -- President Barack Obama and Arizona's Republican Governor Jan Brewer appeared to get into a verbal argument just moments after Air Force One touched down in Phoenix Wednesday afternoon. According to reporters at the scene, Brewer could be seen pointing her finger at the president during their brief exchange, before Obama walked away. Brewer later told reporters the president had been upset about a passage in her recent book in which she described a meeting between the two at the White House. "He was a little disturbed about my book, 'Scorpions for ...
Opening A New Theater of War In The North American Homeland (FEMA Regions)
Post Date: 2012-01-25 21:25:45 by Hondo68
5 Comments
State of Emergency Communique #1: America, Canada, and Mexico are financially and mentally colonized nations. But financial fraud and media propaganda are no longer enough to keep the people down. Due to the political awakening across the continent the need for the boots has come. “It is clear that there has been a sustained move in the direction of martial law preparations, a trend that has been as continuous as it has been unheralded.” – Professor Peter Dale Scott, “War, Martial Law, and the Economic Crisis,” Global Research, February 23, 2011. “They take our tax money and then militarize the police, and use the regular military against us.” – Alex ...
41 Obama White House Aides Owed $831,000 in Back Taxes
Post Date: 2012-01-25 18:49:52 by CZ82
1 Comments
41 Obama White House Aides Owed $831,000 in Back Taxes Here are a few lines from the President’s State of the Union Address: “Let’s never forget: Millions of Americans who work hard and play by the rules every day deserve a government and a financial system that do the same. It’s time to apply the same rules from top to bottom: No bailouts, no handouts, and no copouts,” he said. “An America built to last insists on responsibility from everybody.” Remember these words as you read this article. You and I sweat each year about this time trying to figure out the tax code and ways to keep as much money as we can. Then we have to listen to President Obama ...
Eleven ‘Stunning Revelations’ From a Confidential Economics Memo to Obama
Post Date: 2012-01-25 17:47:44 by CZ82
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Eleven ‘Stunning Revelations’ From a Confidential Economics Memo to Obama Posted on January 25, 2012 at 8:42am by Becket Adams This photo provided by CBS Sunday, April 25, 2010, shows Lawrence Summers, former Director of the National Economic Council as he makes a point on the Sunday talk show "Face The Nation" in Washington, April 25, 2010. Columnist Ryan Lizza’s in-depth New Yorker article (“The Obama Memos”) is an in-depth examination of the Obama administration’s handling of the U.S. economy. But unlike most op-eds, his column involves more than just speculation and conjecture. Lizza uses a 2008 “sensitive and confidential” memo ...
Ron Paul Slams Obama’s SOTU As “Campaign Speech”
Post Date: 2012-01-25 14:05:04 by Hondo68
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Obama deals in “typical Washington political gamesmanship that has gotten us exactly nowhere” Describing president Obama’s State Of The Union Speech as “rhetoric” and “bragging”, GOP presidential candidate Ron paul said in a statement today that “Instead of offering solutions to the problems our country faces, the President was intent on delivering a campaign speech.” The Congressman added that Obama’s speech dealt “in the typical Washington political gamesmanship that has gotten us exactly nowhere close to improving the lives of the American people.” Paul noted that Obama seemed to be “bragging” about job creation ...
Another Obama State of the Union: Let Us Count the Lies
Post Date: 2012-01-24 19:09:33 by Capitalist Eric
2 Comments
Tonight we will have to endure another Obama State of the Union address before a joint session of Congress. I had in mind to suggest a drinking game based on the Occupier in Chief's lies and half truths but I'm afraid hospitals all over the country would be overwhelmed with cases of alcohol poisoning and liver failures. It did however give me the idea to go back and take another look at fibs in O's previous addresses to Congress. I was dumbfounded as I read, to list all his whoppers would require a book, but let's examine some of the highlights. In his first State of the Union address in 2009 we got these doozies. Speaking about the American Recovery and Reinvestment Act, ...
America Deserves Answers on the Obama Administration’s Decision to Outsource the Next Generation of Light Attack Aircraft
Post Date: 2012-01-24 18:41:51 by CZ82
2 Comments
America Deserves Answers on the Obama Administration’s Decision to Outsource the Next Generation of Light Attack Aircraft Kansas-based Hawker Beechcraft is going to court to get some answers from the US Air Force concerning its decision to disqualify Hawker’s AT-6 from competition to produce a new light attack aircraft for the US and allied militaries. The court case comes on the heels of the Government Accounting Office’s decision not to review the Air Force’s disqualification of Hawker Beechcraft. Until the Air Force abruptly announced the disqualification in November, the AT-6 was considered by many to be the frontrunner in the Air Force’s Light Air Support ...
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