Friday
Feb182011
America Makes The World Fat, Super-Hero Michelle Obama Fights Back - Next Media Animation
Super-hero Michelle battles Ronald McDonald, Burger King, Colonel Sanders and the lobby for corn subsidies. This is classic.
Entries by DailyBail (6219)
Feb 18, 2011 at 11:21 PMFriday
Feb182011
TARP Spawn Kashkari On Treasuries, Deficit
Editor's Note: Video is full-size - Bloomberg clips appear small before playing.
Video - Neel Kashkari, managing director and head of new investment initiatives at Pacific Investment Management Co., and a former head of the U.S. Treasury's Troubled Asset Relief Program, discusses the outlook for the Treasury market and the need for action to reduce the federal budget deficit.
Want to know our thoughts on the Goldman TARP spawn, he who never met a taxpayer heist not to his liking, then scroll the archives:
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Friday
Feb182011
"Is Kashkari A Chump?" (Classic Video)
Video: Elijah Cummings wonders out loud if AIG is rolling Neel Kashkari?
- "Is Kashklari a chump?"
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Friday
Feb182011
Simon Johnson With Eliot Spitzer: "The Banks Went Crazy; Nobody Stopped Them; J.P. Morgan Is The New GSE"
Story includes a new op-ed from Simon Johnson entitled...
Jamie Dimon's Biggest Disaster Is Straight Ahead
Friday
Feb182011
Friday
Feb182011
OECD Secretary General Angel Gurria On Spain, Portugal, U.S. Deficit, Global Food Inflation & Imbalance
Video - Angel Gurria, secretary-general of the Organization for Economic Cooperation and Development, talks about efforts to address fiscal problems in Spain and Portugal. Gurria also discusses imbalances in the food supply chain, global inflation threats, the U.S. deficit and the outlook for this week's Group of 20 finance ministers meeting - Feb. 17, 2011
Friday
Feb182011
Christine Lagarde On The Paris G-20: Global Growth Must Be First Priority - Bloomberg Interview
Video - France Finance Minister Christine Lagarde on this weekend's Group of 20 finance ministers meeting in Paris - Feb. 18, 2011
Friday
Feb182011
Friday
Feb182011
More Homebuyer Tax Credit Madness: 20 Year Old Uses FHA Loan To Buy With No Money Down And Gets Cash Back For Her Trouble
Before she was old enough to legally drink alcohol, Denise Tejada bought a house in the San Francisco bay area, one of the most expensive real estate markets in the country. Her brother Wilmer bought his first house when he was 21 and he's investing in a second property soon.
And to make things worse, she is already underwater by $28,000 courtesy of a second loan for improvements to the property. There's no way of knowing how this will turn out, but it's safe to assume that subsidizing her purchase is not worth the theft from future generations.
Thursday
Feb172011
MERS Lacks Legal Right To Transfer Mortgages, NY Judge Rules "In Case Of Significant Impact"
- “The judge basically deconstructed MERS and said there’s no possible way in any case you can come in and show you have this appropriate proper status to transfer the note.”
- “MERS and its partners made the decision to create and operate under a business model that was designed in large part to avoid the requirements of the traditional mortgage-recording process,” Grossman wrote.
- “The court does not accept the argument that because MERS may be involved with 50 percent of all residential mortgages in the country, that is reason enough for this court to turn a blind eye to the fact that this process does not comply with the law.”