(DailyBail) – This is one of several, very interesting revelations from today’s GAI report on corruption within the Obama Justice Department.  And remember, in our bought and paid for system, what you will read is completely legal. Read the rest of this entry »

(Infowars) – What’s being touted as the largest single investigation and prosecution against individuals in the history of the Justice Department’s enforcement of the Foreign Corrupt Practices Act occurred Monday in Las Vegas. Read the rest of this entry »

(PressTV) – A court in Venezuela has issued arrest warrants for 30 bank executives over their alleged mismanagement of the country’s financial affairs. Read the rest of this entry »

(TimesOnline) – A fresh row over City bonuses is set to engulf ministers after it emerged last night that 200 executives at Lloyds, the partly state-owned bank, are set to receive one-off payments worth up to 80 per cent of their annual salaries. Read the rest of this entry »

Russia Today – October 17th, 2009 Read the rest of this entry »

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CIGNAs Edward Hanway spends his holidays in a $13 million beach house in New Jersey. Meanwhile, regular Americans are routinely denied coverage for the care they need when they need it most. Read the rest of this entry »

The AP reports (via The Washington Post) that “European countries have stressed the role that excessive payouts to banking executives played in the current crisis by fueling risk-taking, and called for bonuses to be severely curbed”, which doesn’t seem to make sense with a $645+ trillion derivatives bubble. Read the rest of this entry »

The alarm has been sounded. Politicians, pharmaceutical executives and media conglomerates would have us believe that a 1918-style pandemic is a real threat. The 1918 pandemic, however, evolved out of conditions unique to World War I, for four specific reasons. Read the rest of this entry »

Texan bulldawg covers Hustler Owner Larry Flynt’s article in the huffingtonpost…  Read the full article here http://www.huffingtonpost.com/larry-f… Read the rest of this entry »

“On my last day in Iraq,” veteran McClatchy News correspondent Leila Fadel wrote August 9th, “as on my first day in Iraq, I couldn’t see what the United States and its allies had accomplished. …I couldn’t understand what thousands of American soldiers had died for and why hundreds of thousands of Iraqis had been killed.” Read the rest of this entry »

Yes, I still am on sabbatical, but I just had to interrupt my sojourn with the following observations, which simply cannot wait. Allow me to skip my normal sarcasm and vitriol and simply cut to the chase: Read the rest of this entry »

Contrary to Obama administration and media claims about the recession “easing,” millions of working people in America are losing their jobs, earnings and health care benefits at an accelerating pace. Read the rest of this entry »

Two years before the invasion of Iraq, oil executives and foreign policy advisers told the Bush administration that the United States would remain “a prisoner of its energy dilemma” as long as Saddam Hussein was in power. Read the rest of this entry »

Newspapers are fixated upon $160 million in bonuses given to American International Group (AIG) executives. And it’s nice to know where the millions are going (note: the bonuses could have been cancelled had the federal government let the company go bankrupt, as officials should have). But where are the trillions in TARP, TALC and Federal Reserve Bank bailout funds going? Read the rest of this entry »

Newspapers are fixated upon $160 million in bonuses given to American International Group (AIG) executives. And it’s nice to know where the millions are going (note: the bonuses could have been cancelled had the federal government let the company go bankrupt, as officials should have). But where are the trillions in TARP, TALC and Federal Reserve Bank bailout funds going? Read the rest of this entry »

The Wall Street crew relied on its political power to ensure that the rules remained rigged, even though their crooked deck wrecked the economy. Read the rest of this entry »

The Wall Street crew relied on its political power to ensure that the rules remained rigged, even though their crooked deck wrecked the economy. Read the rest of this entry »

Today, AIG agreed to sell the US government 300,000 preferred shares in exchange for a little vitamin shot by way of $29.835 billion. Why not just round it off and make it $30 cool? Well … Read the rest of this entry »

There’s depressing news this week that the big banks are up to their old shenanigans again. This time they’ve zeroed in on Geithner’s cash giveaway bonanza, the “Public Private Investment Partnership” (PPIP). As expected, Bank of America and Citigroup have angled their way to the front of the herd, thrusting their pig-heads into the public trough and extracting whatever morsels they can find amid a din of gurgling and sucking sounds. Here’s the story from the New York Post: Read the rest of this entry »

There’s depressing news this week that the big banks are up to their old shenanigans again. This time they’ve zeroed in on Geithner’s cash giveaway bonanza, the “Public Private Investment Partnership” (PPIP). As expected, Bank of America and Citigroup have angled their way to the front of the herd, thrusting their pig-heads into the public trough and extracting whatever morsels they can find amid a din of gurgling and sucking sounds. Here’s the story from the New York Post: Read the rest of this entry »

March 24, 2009 AIG Hearing Read the rest of this entry »

Here are few scenes from the “March on the Pentagon” rally held on Saturday, March 21, 2009, in Washington, D.C. Read the rest of this entry »

Here are few scenes from the “March on the Pentagon” rally held on Saturday, March 21, 2009, in Washington, D.C. Read the rest of this entry »

Ron Paul discusses the AIG bonus controversy Read the rest of this entry »

Ron Paul discusses the AIG bonus controversy Read the rest of this entry »

Democrats from Andrew Cuomo to Barney Frank to Barack Obama are demanding that the 418 AIG employees who received bonuses give them back. Sure, it’s outrageous that the very people who drove AIG off the cliff, along with a whole lot of other financial firms, walked away with million-dollar bonuses paid with taxpayer bailout money. But as the Wall Street Journal opinion page points out, “Taxpayers have already put up $173 billion, or more than a thousand times the amount of those bonuses, to fund the government’s AIG ‘rescue.’” Read the rest of this entry »

Senate Banking Committee Chairman and CFR member Christopher Dodd played the blame game yesterday. He passed the buck to the Obama administration, telling Bloomberg the Obama administration instructed him to insert a provision in last month’s $787 billion borrow and spend “stimulus” legislation allowing AIG to provide lavish bonuses to its executives. Dodd said he did this without realizing the change would benefit AIG, whose recent $165 million payment to employees has created public anger. Read the rest of this entry »

A new revelation in the scandal surrounding AIG’s decision to pay multi-million dollar bonuses to executives — a provision that would have restricted companies receiving federal government bailout aid from paying bonuses was quietly stripped from a bill last month. Read the rest of this entry »

When AIG took more than $170 billion in bailout money from the Federal Reserve, it insisted it was so poor that only emergency funding of public money could save it. That was before AIG revealed it was “contractually obliged” to pay $165 million in bonuses to its executives. Which executives, exactly? The ones who lost all the money in the first place! Read the rest of this entry »

Nearly 700 Merrill Lynch executives had cash bonuses of more than $1m each for last year, New York’s top law enforcement official disclosed on Wednesday. Read the rest of this entry »

City bankers have not lost a penny of their multimillion-pound bonus packages so far, despite the credit crunch which has caused the worst financial crisis in 80 years, new figures show.

Official statistics reveal that, in the financial year to April, City workers took home £16bn, almost exactly the same as in 2007. The period covers the Northern Rock nationalisation and the UK employees hit by the Bear Stearns implosion. During the period, banks across the world were forced to make huge writedowns on investments linked to US subprime mortgages. Read the rest of this entry »