DEM Party Supports Institutionalized Looting By Banks, Obama Raises MORE From Wall St., EU Says No Bailout For Italy & Spain, Elizabeth Warren Run For President? (LINKS)

Stories from around the web this morning.

• Document Proves DEM Party Supports Institutionalized Looting by Banks - Yves Smith
• Exactly Who Are The Budget Extremists? - Great Read (Burning Platform)
• Europe's biggest hedge fund, has sold its entire $850m position in Goldman Sachs
• 10 signs the double-dip recession has begun
• Obama raising even MORE cash from Wall Street than in 2008
• Commodities casino makes losers of us all - 'Watch Out' says Gary Shilling
• U.S. consumer spending falls in June - More Economic Weakness
• Treasurys hold solid gains after weak U.S. data
• Europe NOT considering rescue plans for Italy, Spain
• Will Cyprus Be The Straw That Breaks The EU?
• Strangest Speeding Ticket EVER Almost Results In Missle Launch
• Should Elizabeth Warren Run for President? - Yves Smith

Comments

[DailyBail]

Going Postal

I’ve got nothing against postal workers. But I do have a bone to pick with their union (American Postal Workers Union, "APWU"). Have you seen the APWU ads on TV and print lately? I think the ads are a lie.

http://brucekrasting.blogspot.com/2011/07/going-postal.html

[DailyBail]

Marco Rubio on how the entire Senate is full of shit

http://revolutionarypolitics.tv/video/viewVideo.php?video_id=15927

[DailyBail]

On The Issues: Ron Paul Vs. Barack Obama

http://revolutionarypolitics.tv/video/viewVideo.php?video_id=15928

[LiberatedCitizen]

Thanks for posting those stories it's about time the truth that never seemed to come out before oBOMBya was elected comes out before the re-election and boy those banker contributions to him were huge they were paying him off as a nothing junior senator see this

http://www.noquarterusa.net/blog/2008/09/21/baracks-wall-street-problem-is-now-americas/

What Happens When the US Banks Take a Hit On Their Senior-most Assets? Pt 2

http://www.zerohedge.com/contributed/what-happens-when-us-banks-take-hit-their-senior-most-assets-pt-2

No debt ceiling for the Federal Reserve and too big to fail banks – The double standard of American banking and opaque Federal Reserve policy.

http://www.mybudget360.com/no-debt-ceiling-for-federal-reserve-double-standard-american-banking-fiscal-financial-policy/

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Tropos Corporation of America
Are ya’ll familiar with this scandal (?) Supposedly the Fed stole $700 billion from these people.

http://goldtent.org/?p=79683

http://www.strategemgroup.ca/17uldbRYF5lsr5S60Y5q/Fed%20Letter%20and%20%20Obama%20letter%20attachments.pdf

[DailyBail]

Why did Canada Border Services strip search grandma?

http://www.theglobeandmail.com/news/opinions/editorials/why-did-canada-border-services-strip-search-grandma/article2113470/

[DailyBail]

Why Are Banks Bulldozing Foreclosures?

It saves them money and helps to eliminate excess housing inventory, but is it really good for the economy?

http://www.theatlantic.com/business/archive/2011/07/why-are-banks-bulldozing-foreclosures/242784/

[DailyBail]

(AP) — The top U.S. military officer said Tuesday that American troops must be given immunity from prosecution as part of any agreement to keep them in Iraq beyond the end of the year and that this protection must be approved by Iraq's parliament.

http://12160.info/profiles/blogs/adm-mike-mullen-demands-that-a

[DailyBail]

Super Congress: the final nail in the coffin of representative democracy and freedom as we know it

http://www.activistpost.com/2011/08/super-congress-final-nail-in-coffin-of.html

[DailyBail]

@LC

I've seen the Tropos story. I think it's a fraud. Read this forum for more.

http://www.godlikeproductions.com/forum1/message1270680/pg1

[LiberatedCitizen]

Is Super Congress Constitutional?

http://www.youtube.com/watch?v=91QEIenOeY0

[LiberatedCitizen]

About the bull dozing I think it's a shame that the bank's were not just left to fail or forced to re-finance those loans even in lieu of a bail out and really sickening that they have been allowed by obama to dump the toxic loans on taxpayers through fannie/freddie and now are being allowed to write the rest off in this manner.

Is Fannie bailing out the banks?

http://finance.fortune.cnn.com/2011/01/03/is-fannie-bailing-out-the-banks/

Unlimited credit for GSEs seen as backdoor bailout

http://www.reuters.com/article/2010/01/05/us-usa-housing-bailout-idUSTRE6044YU20100105

Now having said that have you ever looked through foreclosed homes? The people have seriously trashed many of them and it is hard to fathom what pigs some people are most of them were not worth buying they needed so much work, two wrongs don't make a right. So if nothing else in the making lemonade sense as a homeowner with no mortgage and since I am forced to help pay for all this because of the GSE's even though we had no part in any of it at least getting rid of some of them will help the value of the homes people who did the right thing own.

[DailyBail]

I understand while they are being razed. No one wants to buy them and they tend to be in decaying urban areas.

[TR]

Of course WALL STREET is going to donate to George W. Obama.

[TR]

I've been over it & having too much fun.

AUDIO
http://www.youtube.com/watch?v=kslHr7_9Zac&feature=player_embedded

LYRICS
http://www.mp3lyrics.org/e/eagles/get-over-it/