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Hank Paulson Is A Criminal - Pass It On

Bernanke's Failures Caught On Tape

"The Federal Reserve Is A Ponzi Scheme"


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THE FED UNDER FIRE: Must See Clip

Bernanke's Replacement: Happy Hour In Santa Cruz

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"Of Course We're Not Going To  Payback the Chinese."

Dave Chappelle On White Collar Crime

Carlin: Wall Street Owns Washington

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Wednesday
May152013

Video Of IRS Star Trek Parody That Cost Taxpayers $60,000

TAX DOLLARS AT WORK

Star Trek video produced by the IRS for a 2010 training and leadership conference.

More inside.

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Wednesday
May152013

Student Annihilates Teacher: 'Enough Freaking Packets!'

MODERN EDUCATION EXPOSED

Youtube viral video with more than 1.2 million views in just the last 6 days. Jeff Bliss gives an unforgettable lesson to his teacher at Duncanville High School in Texas.

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Wednesday
May152013

PANIC: DHS Shuts Down BitCoin Payments System

BitCoin Panic: Department of Homeland Security Shuts Down Payments System

The Department of Homeland Security has shut down Dwolla, a mobile payment service used to withdraw and deposit money into Mt. Gox, the Bitcoin trading platform.

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Wednesday
May152013

Fannie Mae CEO: 'We Will Be Profitable For Years To Come'

TAXPAYER PROFIT

Bloomberg Interviews Fannie Mae CEO Tim Mayopoulos

Timothy J. Mayopoulos, CEO of Fannie Mae, talks about the company's turnaround and outlook, the likelihood U.S. taxpayers may profit from their bailout of Fannie and the need for clarity from Congress about the future of the housing finance.

"There is a risk that policy makers will look at our profitability and conclude that they don't need to take action to reform the housing finance system. That would be a mistake."

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Tuesday
May142013

Jon Stewart On The IRS Scandal

IRS AND AP SCANDALS

OBAMA TREK: INTO DARKNESS

The IRS shifts the burden of proof from the tinfoil behatted to the government.

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Tuesday
May142013

Profiting On The Death Of Employees - The JPMorgan Way

WITHOUT CONSENT

The Other Thing JPMorgan Was Doing in Its London Office

Gambling on high-risk synthetic credit derivatives is not the only area of interest at JPMorgan’s  Chief Investment Office (CIO) – the division that has thus far admitted to losing $6.2 billion in the London Whale debacle. According to Exhibit 81 released by the U.S. Senate’s Permanent Subcommittee on Investigations, Ina Drew, the head of the CIO, was also overseeing the investment of funds in the firm’s Bank Owned Life Insurance (BOLI) and Corporate Owned Life Insurance (COLI) plans – a scheme enshrined by the U.S. Congress in 2006 that allows too-big-to-fail banks as well as many other corporations to reap huge tax benefits by taking out life insurance policies on workers – even low wage workers – and naming the corporation the beneficiary of the death benefit.

Most Americans are unaware that for at least 25 years big business and banks have been secretly taking out millions of life insurance policies on their workers and naming the corporation the beneficiary of the death benefit without the knowledge of the employee. The individual policies are frequently in the hundreds of thousands of dollars and sometimes millions. To keep track of employees who have left the company, deaths are routinely tracked through the Social Security Administration. The policies became known as “dead peasant” or “janitor” policies because corporations took out life insurance on millions of low-wage workers, including janitors, without their knowledge or consent.

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Tuesday
May142013

IRS SCANDAL: The Plot Thickens Over Obama Enemies List

NEW DETAILS FROM ABC

Huge story inside.

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Tuesday
May142013

Josh Rosner: 'JPMorgan Is The Worst Of All Its Peers'

WHO'S OVERSEEING JAMIE DIMON?

JPMORGAN IS THE WORST OFFENDER

Start watching at 45 seconds. Josh Rosner this morning with Tom Keene discussing Jamie Dimon's future, and violations at JPMorgan compared to other banks.

JPM is the worst of all its peers in regulatory matters.

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Tuesday
May142013

MUST SEE: Obama Jokes About IRS Auditing His Enemies

HOLY SHITE FLASHBACK

Just found this clip. Obama jokes about the IRS auditing the President and Board of Regents of Arizona State University while delivering the commencement address at ASU in 2009. If you remember, the background to this story was that ASU chose not to award an honorary degree to Obama because he hadn't achieved a complete "body of work" in his life.

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Tuesday
May142013

Bailed-Out Banks Paying Back TARP With Govt Money

COMPLETELY F---ING RIDICULOUS

Full write-up inside.

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