National Debt Headed To 200% Of GDP -- Even AFTER Fiscal Cliff Deal!

Afternoon links.

• U.S. National Debt Headed To 200% Of GDP -- Even AFTER Fiscal Cliff Deal!
• Billionaires Soros, Bacon Cut Gold Holdings While Paulson Maintains Huge Position
• France President Tiptoes Toward Raid On Sacred Public Pensions
• Gold Traders Turn Bearish
• George Soros Makes $1 Billion Since November On Currency Wars
• Republicans Say Obama's Second-Term Agenda Is Dead In Water
• Australian Homebuilders Can’t Give Houses Away
• UN Finally Admits That Solar Activity Plays A Significant Role In Global Warming
• Union lawsuit Calls Michigan Right-To-Work Law Unconstitutional
• How Identity Thieves Snatch Billions in Phony Tax Refunds
• Report: Hagel Said State Department Controlled by Israel
• Democrats Introduce Bill To Repeal Big Oil's Billions In Tax Benefits
• Britain Bars Tax Dodging Companies From Public Contracts
• SHOCK - Ex-San Diego Mayor's Gambling Losses Top $1 Billion
• New SARS-Like Virus Shows Person-To-Person Transmission

Photo by William Banzai7...

Comments

[DailyBail]

Charities beseech Congress to preserve donations tax break

http://news.yahoo.com/charities-beseech-congress-preserve-donations-tax-break-212550290--sector.html

[SKINFLINT]

http://www.cnn.com/2013/02/15/world/europe/russia-meteor-shower/index.html?hpt=hp_c1 crazy stuff here.

[Cheyenne]

Did someone say "deal"?

How about the deal Lender Processing Services got for committing more than 1 million counts of fraud on the court and forgery? No jail time (of course), a 2-year deferred prosecution agreement (they won't do it again for 2 minutes), and a $35 million fine. That's it.

http://newsandinsight.thomsonreuters.com/Legal/News/2013/02_-_February/LPS_settles_foreclosure_fraud_criminal_probe

DOJ summary: you forge a check to help yourself to cigarettes and beer, you get 2 years in prison. You forge an affidavit to help a bailed out bank steal someone's home? That'll be $35.

That's Eric Holder for you.

[SKINFLINT]

I guess this is just another damned case of Friday news being swept under the carpet.

[Cheyenne]

Rug? What rug? Obama freely concedes that this $35/forgery settlement is part of a widespread effort by his Administration to perpetutate financial fraud:

"Today’s disposition is part of efforts underway by President Obama’s Financial Fraud Enforcement Task Force (FFETF)."

http://www.justice.gov/opa/pr/2013/February/13-crm-206.html

[Strayhorse]

The Federal Reserve ADMITTED they were the cause for the last Great Depression. Why wouldn't they take the blame for the coming Depression of 2013-14? Demand no confidence vote by Congress against the Fed; OUTLAW the FED and any central banks NOT backed by prescious metals.

[Greg Burton]

Yippee! I'm gonna git my wheel-barrow, fill it with good ol' US dollars, and go down to the 7-Eleven store and buy me a loaf of white-bread! http://www.facebook.com/photo.php?fbid=3494053604718&set=a.3804641649225.118982.1672891012&type=3&theater