From Dodd-Frank to Dud (ProPublica), Obama 'Proud' Of Losing $14B On Auto Bailouts, Warmonger Obama Pressures Merkel For Libya Increase (LINKS)

• Obama 'proud' of losing $14B on auto bailouts
• It’s Time for Congress To Vote On The Illegal War In Libya
• Dangerous E.Coli now found in Virginia and Tennessee
• Weiner: "To The Best Of My Knowledge They Were All Adults" - Video
• The Real Cost of the Auto Bailouts - WSJ
• German Restaurants Just Say No to Vegetables
• Lenny Dykstra hit with drug, fraud and auto theft charges
• Warmonger Obama to pressure Merkel on Libya increase
• Warmonger Obama: Decision soon on troop levels in Afghanistan
• 3 nuclear reactors melted down after quake, Japan confirms - CNN
• The Bread and Circus economy - Charts
• From Dodd-Frank to Dud - ProPublica
• Obama's Nominee: Cap and Trade Good for ‘Hiding’ Carbon Taxes
• Housing Prices Have Already Fallen More than During the Great Depression

Comments

[DailyBail]

For years, City Hall maintained that Mayor Richard M. Daley’s son, Patrick Daley, had no financial stake in the deal that brought wireless Internet service to city-owned O’Hare Airport and Midway Airport.

But it turns out that the younger Daley still reaped a windfall of $708,999 when Concourse Communications was sold in 2006, less than a year after the Chicago company signed the multimillion-dollar Wi-Fi contract with his father’s administration, company documents obtained by the Chicago Sun-Times show.

http://www.suntimes.com/5754016-417/former-mayor-daleys-son-profited-after-airport-wi-fi-deal.html

[DailyBail]

Kucinich’s anti-war resolution might be the moment on which the Democrats can regroup and even begin again. Last Wednesday, Rep. Dennis Kucinich (D-Ohio) made the following statement after his resolution, H. Con. Res. 51, to end the war in Libya was pulled from the floor calendar and postponed:

“I am disappointed that the president and leadership feel the need to buy even more time to shore up support for the war in Libya. It’s not surprising that some are now wondering if a preliminary vote count on my resolution came out in favor of defending the Constitution.”

http://thehill.com/blogs/pundits-blog/lawmaker-news/164847-dems-find-courage-conviction-and-common-sense-in-dennis-kucinich

[DailyBail]

At some point during the first two years of his administration, President Obama stopped receiving the daily economic briefing that he requested when he took office.

Former White House press secretary Robert Gibbs announced at his own first daily briefing reporters that Obama asked for the daily economic briefing, described then as comparable to the daily intelligence briefing the president gets every morning.

http://thehill.com/homenews/administration/164985-obamas-daily-economic-briefings-disappear

[DailyBail]

About four months later, a process server knocked on their door and handed Warren Nyerges a notice of foreclosure.
"This is a big mistake," he recalled saying. "You must have the wrong house. We bought a foreclosure and don't have a mortgage."

That started 18 months of frustrating phone calls, paperwork and court hearings. Whenever Nyerges called the bank, representatives told him to "come up to date" with his payments. When he called 25 different law firms, no attorney would take the case. When he went to court, the lawyers for the bank filed incorrect motions and were woefully unprepared for the hearings.

"It was mind boggling," said Nyerges, a 46-year-old retired police officer. "To try to unscrew the screw up, it's not as easy as it sounds."

http://www.msnbc.msn.com/id/43299097/ns/business-eye_on_the_economy/t/moving-truck-fla-couple-threatens-bank-foreclosure/from/toolbar

[DailyBail]

Welcome To The Mini "Greece" That's Inside Spain

Read more: http://www.businessinsider.com/why-the-greece-of-spainish-regions-may-only-be-the-first-of-many-2011-6#ixzz1OZLItXLe

[DailyBail]

TSA Agent Arrested over 15 year old Sex Slave in Orange County‬‏!

http://uncoverthenews.com/2011/06/06/%E2%80%AAtsa-agent-arrested-over-15-year-old-sex-slave-in-orange-county%E2%80%AC%E2%80%8F/

[DailyBail]

Serfdom via student loans – Lenders going after Social Security and saddling college graduates with a debt albatross. Modern day debtor’s prison comes with a University degree.

http://www.mybudget360.com/serfdom-via-student-loans-lenders-go-for-social-security-modern-debt-college-degree-student-loans/

[john]

China official says U.S. could pursue weak dollar policy

http://www.reuters.com/article/2011/06/07/us-china-usa-dollar-idUSTRE7561N320110607

[snip]

(Reuters) - China should guard against risks from "excessive" holdings of U.S. assets as Washington could pursue a policy to weaken the dollar, a senior currency regulator said in comments published on a website that briefly pushed the dollar lower.

However, the comments by Guan Tao of the State Administration of Foreign Exchange were quickly removed from the website at his request. He told Reuters the comments had been made in private academic discussions and represented his personal view only.

Note: I has mentioned yesterday that the dollar is intentionally being de-valued.

http://www.fxstreet.com/rates-charts/usdollar-index/

[john]

Bank of America shares hit two-year low

http://www.mcclatchydc.com/2011/06/07/115363/bank-of-america-shares-hit-two.html

[snip]


Bank of America Corp. shares on Monday fell to levels not seen since May 2009 as concerns about the need for more capital at big banks and the economy rattled Wall Street.

[TaterSalad]

We/our kids are getting the shaft/screwed by our government and universities. U of M is one of them. The Chinese students in droves are stealing our kids futures. What is Obama doing about this.............nothing! His regime is behind it.

http://www.china-threat.com/