|
Latest Articles: Corrupt Government
$15T Federal Debt Equals $160,545 for Each Full-Time Private-Sector American Worker
Post Date: 2011-11-18 03:51:05 by Happy Quanzaa
0 Comments
(CNSNews.com) - The U.S. Treasury Department reported on Wednesday that as of the close of business on Tuesday the federal government's debt had exceeded $15 trillion for the first time in the nation's history--hitting precisely $15,033,607,255,920.32. The Bureau of Labor Statistics estimated that there were 93,641,000 full-time private sector workers in the United States in 2010 (and 18,073,000 full-time workers in federal, state and local government). That means the $15.0336 trillion federal debt equals approximately 160,545 per full-time private sector worker. Given that the Census Bureau estimates there were approximately 76,089,045 families in the United States in 2010, the ...
Govt Electric Filed 57K-Page Tax Return, Paid No Taxes on $14 Bil in Profits
Post Date: 2011-11-17 15:45:08 by Happy Quanzaa
0 Comments
GE Filed 57,000-Page Tax Return, Paid No Taxes on $14 Billion in Profits General Electric, one of the largest corporations in America, filed a whopping 57,000-page federal tax return earlier this year but didn't pay taxes on $14 billion in profits. The return, which was filed electronically, would have been 19 feet high if printed out and stacked. The fact that GE paid no taxes in 2010 was widely reported earlier this year, but the size of its tax return first came to light when House budget committee chairman Paul Ryan (R, Wisc.) made the case for corporate tax reform at a recent townhall meeting. "GE was able to utilize all of these various loopholes, all of these various ...
Government Motors bailout price revised: + $9 billion
Post Date: 2011-11-17 09:15:09 by Happy Quanzaa
4 Comments
U.S. boosts estimate of auto bailout losses to $23.6B David Shepardson/ Detroit News Washington Bureau The Treasury Department dramatically boosted its estimate of losses from its $85 billion auto industry bailout by more than $9 billion in the face of General Motors Co.'s steep stock decline. In its monthly report to Congress, the Treasury Department now says it expects to lose $23.6 billion, up from its previous estimate of $14.33 billion. The Treasury now pegs the cost of the bailout of GM, Chrysler Group LLC and the auto finance companies at $79.6 billion. It no longer includes $5 billion it set aside to guarantee payments to auto suppliers in 2009. The big increase is a ...
Solargate Update: Obama gave Bobby Kennedy Jr. $1.4 bil of our money
Post Date: 2011-11-17 07:24:25 by Happy Quanzaa
1 Comments
Robert Kennedy, Jr.’s ‘Green’ Company Scored $1.4 Billion Taxpayer Bailout President John F. Kennedy’s nephew, Robert Kennedy, Jr., netted a $1.4 billion bailout for his company, BrightSource, through a loan guarantee issued by a former employee-turned Department of Energy official. It’s just one more in a string of eye-opening revelations by investigative journalist and Breitbart editor Peter Schweizer in his explosive new book, Throw Them All Out. The details of how BrightSource managed to land its ten-figure taxpayer bailout have yet to emerge fully. However, one clue might be found in the person of Sanjay Wagle. Wagle was one of the principals in ...
Powering Inferno: Chevy Volt and GM Going Down in Flames-Literally
Post Date: 2011-11-16 07:14:06 by CZ82
10 Comments
Powering Inferno: Chevy Volt and GM Going Down in Flames-Literally by Seton Motley We have oft spoken of how ridiculous Government General Motors (GM) has continued to become since receiving $50 billion of our bailout money. And of the Barack Obama Administration’s puffing up for political and campaign purposes GM’s alleged “recovery” from its bankruptcy. (A bankruptcy, by the way, that could have just as easily transpired without our $50 billion. But I digress….) It’s not really much of a recovery when one considers the fact that GM’s thus far $7.4 billion in 2011 profits is greatly fostered and augmented by the Obama Administration’s ...
Big banks binge on Bush-Obama 'venture socialism'
Post Date: 2011-11-14 06:55:33 by Happy Quanzaa
6 Comments
Treasury Secretary Timothy Geithner arrives to address the Export-Import Bank of the United States during their annualconference in Washington, Friday, March 12, 2010. (AP Photo/J. Scott Applewhite) The Obama administration "has created a newEx-Im subsidy for banks. The name is a mouthful: 'The Supply-Chain Finance Guarantee Program,'" writes Examiner columnistTimothy P. Carney. Largely out of the media spotlight, the federal government operates a network of financial subsidy programs that benefit big banks by putting taxpayer money at risk. And President Obama, that self-styled populist scourge of Wall Street, is increasing this racket of private profit and public risk ...
Obamanomicist Corzine's (D-NY) $633M MF game of ‘hide-seek’
Post Date: 2011-11-13 08:52:23 by Happy Quanzaa
1 Comments
$633M MF game of ‘hide-seek’ CORZINE The $633 million in missing client funds from Jon Corzine’s now-bankrupt firm MF Global appears to be a result of a “massive hide-and-seek ploy,” a US Commodity Futures Trading commissioner said yesterday. “This isn’t just a lost-and-found inquiry; it’s a full-on effort to get to the bottom of what appears to be a massive hide-and-seek ploy,” said CFTC commissioner Bart Chilton said in disclosing the MF investigation. “It’s a distinct possibility, some would say probability, that somebody has done something with the money, and that it’s not going to be ‘all of a sudden discovered’ ...
WHY WONT THE LEFT OPEN THEIR EYES AND SEE OBAMA IS CORRUPT: Cost, need questioned in $433-million smallpox drug deal
Post Date: 2011-11-13 08:46:55 by A K A Stone
0 Comments
A company controlled by a longtime political donor gets a no-bid contract to supply an experimental remedy for a threat that may not exist. Reporting from Washington— Over the last year, the Obama administration has aggressively pushed a $433-million plan to buy an experimental smallpox drug, despite uncertainty over whether it is needed or will work. Senior officials have taken unusual steps to secure the contract for New York-based Siga Technologies Inc., whose controlling shareholder is billionaire Ronald O. Perelman, one of the world's richest men and a longtime Democratic Party donor. When Siga complained that contracting specialists at the Department of Health and Human ...
Meet Manchelle's $15K a day makeup artist
Post Date: 2011-11-12 13:05:33 by Happy Quanzaa
2 Comments
Makeup artist Derrick Rutledge makes over Michelle Obama, Oprah — and himself NEW ORLEANS — Chaka Khan is more than angry. Instead of getting to rest before her show at the Louisiana Superdome, the R&B star has been booked for two speaking engagements. She’s holed up in her hotel suite, fuming. Outside, her assistants are waiting for her to open the door. Her makeup artist, Derrick Rutledge, is waiting, too. He just flew in to do her after working on Michelle Obama in the East Wing. After New Orleans, he’s scheduled to fly out to do Oprah Winfrey before returning home to Washington. But first Rutledge has to persuade Khan to open the door. Finally, after 15 ...
Solargate Update: White House Email: 'Coming Storm' Over Solyndra 'And Other Inside DOE Deals'
Post Date: 2011-11-12 11:02:55 by Happy Quanzaa
0 Comments
White House Email: 'Coming Storm' Over Solyndra 'And Other Inside DOE Deals' video platformvideo managementvideo solutionsvideo player New internal White House emails reveal that a scathing critique of Energy Secretary Steven Chu by a former Obama political advisor was widely circulated at the highest levels of the administration. The Feb. 25, 2011 email that sparked the deliberations landed on West Wing desks just as the solar energy firm Solyndra was starting to show outward signs of financial trouble. It was sent by Dan Carol, a former Obama campaign staffer and clean energy advocate who was described by Obama's then-Chief of Staff Pete Rouse as someone whose views ...
Rich Congressmen Keep Getting Richer
Post Date: 2011-11-12 08:43:11 by CZ82
0 Comments
Rich Congressmen Keep Getting Richer We hear about the economic divide between the rich and the poor. We mostly hear it from those who hold seats of power. They believe they can make the world a better place by taking money from some people and giving it to other people. Sounds reasonable, expect for two reasons: It’s immoral and it doesn’t work. One of the best-kept secrets that politicians don’t want you to know is that the gap between the rich and everybody else is them. You don’t have to Occupy Wall Street to harass rich people. The terrible, horrible one-percenters are your own congressmen. If they really believe their own rhetoric, let’s see them let loose ...
Jobs Lost or Destroyed: Obamunist Corzine's (D-NJ) bankrupt MF Global fires 1066 employees
Post Date: 2011-11-11 16:55:24 by Happy Quanzaa
4 Comments
Just two weeks after MF Global filed for Chapter 11 bankruptcy, the trustee overseeing the failed futures brokerage disclosed plans on Friday to fire all of its broker dealer employees as it liquidates the business. In a statement, the court-appointed trustee, James Giddens, said the broker dealer’s 1,066 employees were notified on Friday that their employment has been terminated, effective immediately. However, the MF Global trustee said the liquidation and terminations don't apply to the parent company, MF Global Holdings, which listed 2,847 employees as of September. “We’re sadden by the trustee’s actions today to terminate so many of our colleagues," an ...
Family of Murdered Border Agent Breaks Silence, Lashes Out at Holder
Post Date: 2011-11-11 16:20:30 by Happy Quanzaa
6 Comments
Border Patrol Agent Brian Terry died almost one year ago. Despite almost daily headlines about the ongoing scandal in the Obama administration, his devastated parents have said nothing publicly about the U.S. program that helped provide the weapons that killed their son. Until now. In separate interviews, Josephine and Kent Terry lashed out Thursday at those they blame for Brian's murder -- Attorney General Eric Holder, his top assistant Lanny Breuer, former U.S. Attorney Dennis Burke, and those ATF officials who approved, executed and supervised Operation Fast and Furious. "I think they are liars and I would tell them that," said Kent Terry from his home in central ...
DOJ Refuses Judiciary Committee’s Request for Kagan-Obamacare Documents; Holder Then Testifies He Was Unaware of Request
Post Date: 2011-11-11 06:17:33 by Happy Quanzaa
1 Comments
(CNSNews.com) - The U.S. Department of Justice is refusing to comply with a request from the House Judiciary Committee to provide the committee with documents and witness interviews that the committee believes, as Chairman Lamar Smith (R.-Texas) put it in a letter to Attorney General Eric Holder, would allow the panel “to properly understand any involvement by Justice Kagan in matters relating to health care legislation or litigation while she was Solicitor General.” The committee initially made the request in a July 6 letter that Smith sent directly to Attorney General Eric Holder. The Justice Department rejected the request in a return letter that Assistant Attorney General ...
Solargate Update: Obama White House & Solyndra 1%er caught lying
Post Date: 2011-11-10 06:55:48 by Happy Quanzaa
0 Comments
Newly obtained emails released by House investigators suggest that George Kaiser, a billionaire Obama donor and chief investor in bankrupt solar panel manufacturer Solyndra, discussed the company with White House officials, directly contradicting earlier accounts. In a letter to the White House, House Energy and Commerce committee Chairman Fred Upton, R-Mich, and oversight panel chair Rep. Cliff Stearns, R-Fla., disclosed the emails including one from March 5, 2010 between Kaiser and Steve Mitchell, Kaiser’s venture capital firm Argonaut. "BTW, a couple of weeks ago, when Ken and I were visiting with a group of Administration folks in DC who are in charge of the stimulus process ...
Santorum honored accused PSU Coach as "angel"
Post Date: 2011-11-09 16:15:06 by Skip Intro
1 Comments
Then Pennsylvania Sen. Rick Santorum thought enough of Jerry Sandusky nine years ago to sponsor the former Penn State defense coordinator for a “Congressional Angels in Adoption” award, citing his work with a non-profit group he founded to provide care for foster children. “Its philosophy is simple: it is easier to develop a child than to rehabilitate an adult,” read the citation from Santorum in the awards dinner program from Sept. 24, 2002. Sandusky, of course, has been charged with sexual abuse of young boys and Penn State University is under fire for its handling of reports of the coach’s suspicious behavior. The burgeoning scandal reportedly is about to ...
Grover Norquist Anti-Tax Pledge Signers Want Their Names Removed
Post Date: 2011-11-09 15:34:39 by Skip Intro
0 Comments
A growing number of House lawmakers want out of an Americans For Tax Reform President Grover Norquist's pledge in which they vowed to never raise taxes. The website still lists members who signed the pledge years, or even more than a decade, ago. "My driver's license expires. The milk in my refrigerator expires. My gym membership expires, and I find the website to be a little deceptive," Rep. Steven LaTourette (R-Ohio) said, according to The Hill. The representative's name is still listed on the website as signing the pledge, though he last signed in 1994. Rep. Robert Andrews (D-N.J.) told The Hill that he signed the pledge in 1992 and wants out. "I'm ...
Obama's government fines jailed Border Patrol agent’s family
Post Date: 2011-11-09 15:02:30 by Happy Quanzaa
9 Comments
After successfully winning a two-year prison sentence against U.S. Border Patrol Agent Jesus E. Diaz Jr., the Justice Department is now trying to collect a $6,870 fine from his wife, saying it should be paid “immediately” — even though the judge signaled she would have a grace period. In a notice sent last week the Justice Department said the fines were imposed by the court that found Agent Diaz guilty and sentenced him to prison for improperly restraining a 15-year-old suspected of drug smuggling. “We strongly urge you to pay this debt immediate,” said the notice, which was received by Diana Diaz, who is also a Border Patrol agent. But Rep. Duncan Hunter, ...
Obama postpones Christmas Tree Tax
Post Date: 2011-11-09 14:40:47 by Happy Quanzaa
3 Comments
Obama Administration toDelay New 15-CentChristmas Tree Tax The U.S. Department of Agriculture is going to delay implementation and revisit a proposed new 15 cent fee on fresh-cut Christmas trees, sources tell ABC News. The fee, requested by the National Christmas Tree Association in 2009, was first announced in the Federal Registry yesterday and has generated criticism of President Obama from conservative media outlets. The well-trafficked Drudge Report is leading with the story, linking to a blog by David Addington, a former top aide to then-Vice President David Addington, at the conservative Heritage Foundation assailing the president thus: “The economy is barely growing and nine ...
On the Continuing Zombification of the US Economy
Post Date: 2011-11-09 12:45:50 by Capitalist Eric
1 Comments
We have been exploring the zombification of the US economy. Major industries – finance, health, education and defense – have been taken over by zombies, parasites whose real interest is to transfer wealth to themselves, from the part of the economy that remains productive. As the economy becomes more zombified, the part of it dominated by these non-productive industries increases, leaving fewer resources for the productive part. And as the productive part weakens, so does the entire economy’s ability to produce real wealth, or grow its way out of debt. How much of the economy is now in zombie hands? Cindy Williams, of MIT’s Security Studies Program, figures that the ...
Obama Couldn’t Wait: His New Christmas Tree Tax
Post Date: 2011-11-09 09:53:59 by Happy Quanzaa
4 Comments
President Obama’s Agriculture Department today announced that it will impose a new 15-cent charge on all fresh Christmas trees—the Christmas Tree Tax—to support a new Federal program to improve the image and marketing of Christmas trees. In the Federal Register of November 8, 2011, Acting Administrator of Agricultural Marketing David R. Shipman announced that the Secretary of Agriculture will appoint a Christmas Tree Promotion Board. The purpose of the Board is to run a “program of promotion, research, evaluation, and information designed to strengthen the Christmas tree industry’s position in the marketplace; maintain and expend existing markets for Christmas ...
Ohio Voters Reject Democrat Backed ObamaCare
Post Date: 2011-11-09 08:59:28 by Happy Quanzaa
14 Comments
Priebus Says Obamacare Biggest Loser on Ohio Ballot Republican National Committee Chairman Reince Priebus says by voting down the mandate element of Obamacare, Ohio residents have signaled what’s in store for President Barack Obama’s signature healthcare law. Priebus also told Fox News’ Greta Van Susteren Tuesday the defeat of a second ballot issue that would have severely limit collective bargaining by Ohio public-employee unions does not portend nationwide sentiment. Priebus said he is sure Ohio Gov. John Kasich is “disappointed” in the results of the collective-bargaining law ballot referendum, “but you know it is a state issue.” “You know, ...
Serial Bitching: Obama employee & Cain accuser has made a career out of filing complaints
Post Date: 2011-11-09 08:12:32 by Happy Quanzaa
26 Comments
AP Exclusive: Accuser filed complaint in next job FILE - This December 1999 image fromvideo shows then-Immigration andNaturalization … FILE - This March 2000 image fromvideo shows then-Immigration andNaturalization … WASHINGTON (AP) — A woman who settled a sexual harassment complaint against GOP presidential candidate Herman Cain in 1999 complained three years later at her next job about unfair treatment, saying she should be allowed to work from home after a serious car accident and accusing a manager of circulating a sexually charged email, The Associated Press has learned. Karen Kraushaar, 55, filed the complaint while working as a spokeswoman at the Immigration and ...
Job saved or created: Obama employee accuses Cain
Post Date: 2011-11-08 15:13:48 by Happy Quanzaa
6 Comments
One woman who accused Cain of sexualharassment now works for Obama GOP presidential hopeful Herman Cain argues that he's no sexual harasser -- but friends and family members of one accuser were only trying to right a wrong no woman should suffer in the workplace. Karen Kraushaar, a 55-year-old former journalist who currently works for the Obama administration, was outed today as one of the three women who had filed sexual harassment complaints against Cain. “She wouldn’t be the type to make false allegations,” brother-in-law Ned Kraushaar, a Georgia software consultant, told The Daily. “This happened [more than] 10 years ago. It’s not like she wanted to try ...
Obama throws Chief of Staff Willy Daley under the bus
Post Date: 2011-11-08 10:19:38 by Happy Quanzaa
0 Comments
White House Chief of Staff William Daley Gets DemotedTeam Obama reconfigures for re-election. White House Chief of Staff William Daley is having his “portfolio reconfigured,” according to the Wall Street Journal: William M. Daley was hired to help resuscitate Barack Obama's presidency after deep Democratic losses in 2010. Ten months into his tenure as chief of staff, Mr. Daley's core responsibilities are shifting, following White House missteps in the debt-ceiling fight and in its relations with Republicans and Democrats in Congress. On Monday, Mr. Daley turned over day-to-day management of the West Wing to Pete Rouse, a veteran aide to President Obama, according to ...
Latest [Newer] 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 [Older]
|
