Sheila Bair Attacks Jamie Dimon, Ron Paul NH Debate Highlight Clip, Jim Rogers On Bernanke, Vitter's Corruption, Carney Defends Obama's Wall St. Pandering (15 LINKS)

• Electric cars NOT so green after all, says British study
• Carney defends Obama meeting Wall Street donors at White House
• Gov’t Finally Penalizes Major Banks for Mortgage Mod Failures
• How Corrupt Sen. Vitter Battled EPA Over Formaldehyde’s Cancer Link
• Miss USA, Ralph Nader Fight TSA Patdowns, Body Scanners - Video
• Bastard TSA blocks private airport screeners
• Pakistan and the Mumbai Attacks: The Untold Story (ProPublica)
• Ron Paul Highlight Clip From New Hampshire Debate - Video
• Jim Rogers On Bernanke (6-9-11) - Video
• HACKER GROUP ANONYMOUS: BERNANKE IS NEXT
• Sheila Bair Wades Into The Jamie Dimon Vs. Ben Bernanke Lovefest
• U.S. Death By Debt - Chris Martenson
• Bankrupting America - Beyond The Debt Ceiling
• THE REALITY DETACHED AMERICAN SHEEPLE - VIDEO
• Ron Paul: "We Don't Have Democracy!  Both Parties Are The Same"

Comments

[Cheyenne]

White House Press Secretary Carney’s spin on Obama’s meeting with Wall Street donors in the White House (are you sitting down?): the “president meets with his supporters in the business arena to solicit ideas about how to improve the economy.”

You have GOT to be kidding me. On Wall Street’s post-bailout watch, there isn’t ONE metric pointing to an improvement in the economy, NOT ONE. Food stamps are up 10MM people (good for JPM), unemployment is up, the labor force is down, bankruptcies and foreclosures are up, wages are down. The only thing that’s improved is, you got, Wall Street bonuses. And herein lies the grim truth: Main Street misery directly correlates to Wall Street’s gain via corporate welfare and outright thievery.

Carney should be drawn and quartered by Clydesdales for making a remark so patently moronic and offensive.

[john]

Negotiations continue on two fronts to save Katahdin mills

http://bangordailynews.com/2011/06/14/politics/negotiations-continue-on-two-fronts-to-save-katahdin-mills/

[snip]

Investors who recently bought a Baileyville mill were

negotiating Tuesday to purchase two Katahdin region paper mills even as lawmakers and LePage administration officials scrambled to win support for a bill deemed critical to the potential sale.

Dan Whyte, vice president of Brookfield Asset Management, the current owner of the two Katahdin Paper mills, told the Bangor Daily News that talks “are in progress” to sell the facilities to International Grand Investors Corp. of Delaware for $1.

Part of a Hong Kong-based holding company, IGIC is a company registered for business in Delaware that represents international investors in pulp trade and imports.


Comment: This is fantastic news for Maine. I hope this goes through quickly and gets people working again.

[DailyBail]

The only thing that’s improved is, you got, Wall Street bonuses. And herein lies the grim truth: Main Street misery directly correlates to Wall Street’s gain via corporate welfare and outright thievery.

---

obama is just guessing...he has no ideas...we have 10 more years of malaise...the housing bubble was that destructive...thank you securitization, you have done wonders...sure i'll write a mortgage on your home...means nothing to me that it has tripled in price in 7 years...i won't be holding that mortgage of course,...it's off to wall street to be sliced and diced and the risk mitigated...besides we have a AAA rating ready and waiting...and we like sub-prime the best...fees baby, fees...

[DailyBail]

WASHINGTON — Pakistan’s top military spy agency has arrested some of the Pakistani informants who fed information to the Central Intelligence Agency in the months leading up to the raid that led to the death of Osama bin Laden, according to American officials.

http://www.nytimes.com/2011/06/15/world/asia/15policy.html?_r=2&hp

[DailyBail]

MOSCOW — The 26 elk lips were just the tip of the pile. The items the Russian customs agents reported seizing Tuesday were exotic even by the standards of Russia’s border with China, where wildlife smuggling is rampant: 1,041 bear paws, lynx fur, unspecified claw parts and five tusks from the extinct woolly mammoth.

http://www.nytimes.com/2011/06/15/world/asia/15smuggling.html

[S. Gompers]

"Pakistan’s top military spy agency has arrested some of the Pakistani informants"

America has given billions upon billions to Pakistan for many years even though they continually and actively aid the enemy.

[PG the PT]

It is not what we know that is dangerous, it is what we do not know. Did you think that Obama was not going to sacrifice the lambs? He is a cold and calculating guy.

[S. Gompers]

They say ignorance is bliss Gobie, and you are the happiest guy I know...

[George Washington]

Constitutionally, legislatively, and morally, Ron Paul has no equal. His 22 year voting record speaks for itself.
Mr. Paul has not survived in politics for 22 years and maintain the ethics and morality he has by being anything other than stellar.
If You refute the above comment, then I please invite You to listen to him speak about key issues. It is amazing how well he comes across because he doesn’t have to remember lies like other politicians. He understands what is happening in the world and knows how to apply the basic principles of liberty to achieve the real change that America so desperately deserves.
American to American we are all on the same team. So I present Mr. Ron Paul as my Candidate for 2011 and invite anybody to meaningfully and respectfully debate why he is not the best for American and its people in 2012.
Ron Paul = A real change, not for special interest, but for America’s Interests!
Thank You for Your time
Ron Paul 2012

[Josie]

Wall St. is just a processor, not a creator. They process money. They take their very large cut as it moves in/out. So long as there is $$$ movement (up or down) or capital allocation, Wall St. makes $$$. Lord Blankfein was spot on in his Galleon testimony when explaining to the jury what exactly GSuchs does: "We are a middleman to the world...uh, to our clients..." middleman = $$$ processor...nice work if you can get it...

So what value does a middleman provide, especially when their "cut" is so large?