Henry Paulson's Ethics Waiver

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Dominique Strauss-Kahn, Tim Geithner And The IMF

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Whitewash On Wall Street: How Henry Paulson Created The Financial Crisis That Brought Down The World

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CNN's Jack Cafferty: GE Moves $14 Billion Per Year X-Ray Business To China, And They Still Don't Pay Any U.S. Taxes

Video - Jack Cafferty On GE's Latest Announcement - July 27, 2011

Jack is pissed off at CEO Jeff Immelt and rightfully so, as GE announced plans yesterday to offshore its massive radiology manufacturing business to China.  Cafferty and Blitzer also remind viewers that that GE paid no corproate income taxes for 2009 and 2010 despite making several billion in U.S.-based profits.  Don't forget that Immelt is the head of Obama's Jobs Council and a board member of the New York Federal Reserve.

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Ronald Reagan On GE's Tax Avoidance In 1985: "I Didn't Realize Things Had Gotten That Far Out Of Line"

Runs 2 minutes.

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Geithner Finally Shows His Hand: 'We Will Unveil Our Secret Plan To Prioritize Debt Payments Before August 2nd'

Treasury says tonight:

• "As we get closer to August 2nd, Treasury will indeed provide more information on how we would operate without normal borrowing authority if the debt ceiling isn't raised."

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Graphic Of The Day - America: We’re (Not) #1!

Complete infographic inside.  Takes approximately 5 seconds to absorb the truth.

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FLASHBACK: Obama Slams Bush Tax Cuts For 'Millionaires And Billionaires' (VIDEO)

Entertaining mash-up from the video team at Huff Po.

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Chris Whalen & Josh Rosner With Kathleen Hays On Banks, Bailouts, Europe, Dodd-Frank And The Debt Ceiling

From Friday morning July 22 on Bloomberg radio with Kathleen Hays, an outstanding discussion with Whalen and Rosner.

• Listen HERE on Bloomberg

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Recently from Chris Whalen's Reuters Blog (all new stories not previously posted):

• Paul Krugman and the neo-Keynesian myth of full employment

• The charade of EU bank stress tests

• “Reckless Endangerment” and the unwritten history of Washington

• On debt ceilings and conforming loan caps

• The Housing GSEs and TBTF Banks Are Blocking the Economic Recovery!

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Using Bonus Clawbacks To Punish Bank Executives: FDIC's Complaint Against WaMu Executives - NYT

Kerry K. Killinger, who led Washington Mutual as it ballooned and imploded, calls claims against him "political theater."

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Stimulus To The Dead, Bloomberg Says Ron Paul Has 'Real Shot' In 2012, Housing Double Dip Gets WORSE, T-Bills No Longer Safe, Ohio Voters Can Opt Out Of Obamacare (Links)

Today's 15 links are inside to save space on the front page.

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Gasparino: Obama Strikes Fear Into Americans With Social Security Threats While Privately Reassuring Wall Street That There Will Be NO DEFAULT If Aug. 2 Passes Without Deal

Details inside.

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Ratings Agency Source Tells Erin Burnett: Boehner Plan Would Lead To S&P Downgrade Of U.S. Debt

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Tom Davis: "Nothing Has Changed Since 1773, Tea Party Should Be Outraged At Tax Giveaways To Corporations"

Video - South Carolina State Senator Tom Davis on corporate control of government.

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