Taxpayer Identity Theft Is Soaring, Banks Borrow From Fed And Loan it Back at 12X Rate, 77,000 Feds Paid More Than Governors, Loudest Obamacare Cheerleader Wants Out

Links from around the web this morning...

• IRS: Taxpayer Identity Theft 'Huge And Growing Problem'
• 150 Economists Back GOP in Debt Ceiling Fight
• Taxpayers to lose $14B of auto bailout investment: report
• Banks Borrow from U.S. Gov't. and Loan it Back at 12X Rate
• Bank Insolvency To Be Put To Test - Diana Olick
• Core Inflation Not Good Indicator, Scrap It: ECB
• Greece Is More Like Argentina Than Uruguay: Economist
• Loudest Obamacare cheerleader wants out - MUST READ
• Video: Jon Stewart on Weinergate
• 77,000 federal employees paid more than governors
• B. of A., Morgan Stanley settle military family foreclosure suit

Comments

[DailyBail]

Elephant Helps With Tornado Cleanup

http://www.540wfla.com/pages/news-videos.html?feed=425022&article=8641600

video

[DailyBail]

http://www.virgin.com/richard-branson/blog/i-wouldnrsquot-bet-on-the-euro

Virgin CEO - I wouldn’t bet on the Euro

[DailyBail]

R.I.P. Reaganomics Revolution: 1981-2011

http://www.marketwatch.com/story/rip-reaganomics-revolution-1981-2011-2011-05-31?link=MW_story_popularb

[DailyBail]

Christian community threatens violence against atheist student

http://www.dailykos.com/story/2011/05/31/980731/-Christian-community-threatens-violence-against-atheist-student

[DailyBail]

http://www.businessinsider.com/al-qaeda-had-a-plan-to-kill-lockheed-martin-ceo-2011-5

Al Qaeda Had A Plan To Kill Lockheed-Martin CEO

[DailyBail]

China To Do 2-3 TRILLION Yuan Bailout Of Indebted Local Governments

http://www.businessinsider.com/china-to-bail-out-local-governments-2011-5#ixzz1O6UKJzeP

[S. Gompers]

"Taxpayer Identity Theft Is Soaring"


With the Goobermint looking out for us, who needs enemies. Sometimes it seems as though the Goobermint is working hand in hand with the criminals to exploit the rest of society.

http://epic.org/privacy/vatheft/

I am sure this is not the only way taxpayer information has been compromised over the years for potential exploitation by criminals. you can do a lot with unencrypted S.S. numbers...

And wouldn't terrorists like to know the identities of active service personnel families.

[john]

More job seekers give up, reducing unemployment

http://news.yahoo.com/s/ap/20110602/ap_on_bi_ge/us_economy_missing_workers

[snip]

The percentage of adults in the labor force is a figure that economists call the participation rate. It is 64.2 percent, the smallest since 1984. And that's become a mystery to economists. Normally after a recession, an improving economy lures job seekers back into the labor market. This time, many are staying on the sidelines.

Their decision not to seek work means the drop in unemployment from 9.8 percent in November to 9 percent in April isn't as good as it looks.