Thursday
Dec092010
Thursday
Dec092010
BREAKING: Ron Paul to Chair House Sub-Committee On Domestic Monetary Policy - Paul Calls It Official! (Video)
Updated on Dec 10, 2010 at 7:03 PM by
DailyBail
The good doctor can't stop smiling in this clip...
Thursday
Dec092010
JPMorgan, Bank Of America Municipal Bond Scam May Be 'Tip of the Iceberg'
Jamie Dimon thinks about the culture of fraud he's built at Chase.
Bid-rigging always seems like such an easy game. At least until someone at Bank of America gets scared and starts talking to the Feds.
Thursday
Dec092010
Thursday
Dec092010
Bernie Sanders On Tavis Smiley - Bush Tax Cuts
This clip is way too political for me, and I don't often agree with Sanders, unless he's talking about Bernanke, but he strikes a note here.
I would have no problem with the 2-year extension had it been paid for - balanced by commensurate cuts in federal spending. The Pentagon would be a good place to start. But there were no spending cuts. Congress couldn't find the balls guts. So the tax cuts should have been allowed to expire.
The 2-year increase to the deficit because of the extension will be approximately $700 billion, about the price of TARP. The easy fix, that won't hurt anyone but the military, is to cut the Defense budget by 50% over the next 5 years.
I think the neo-cons just bombed my computer.
Thursday
Dec092010
VERY COOL: Hans Rosling's 200 Countries 200 Years
A living, breathing chart of humanity's wealth and health.
Thursday
Dec092010
Former Chairman Of The Joint Chiefs General Hugh Shelton Drops A Bomb On Jon Stewart: "We Were Willing to Kill a U.S. Soldier On Purpose to Start the Iraq War" (VIDEO)
Disturbing clip. Runs 1 minute.
For those wondering why I cover the wars - All moral issues aside, of which there are plenty, if we have to borrow - let's face it, it's stealing - if we have to steal from future generations to pay for our current love of killing, then it will be reported here at the Bail.
- Thus far, the war in Iraq has cost over $740,000,000,000 -- but the cumulative cost could be between two and three trillion dollars. The war has caused the death of over 4,400 American troops, and left more than 31,000 wounded.
---
Thursday
Dec092010
Wednesday
Dec082010
Dylan Ratigan's Steel On Wheels - Get America Back To Work - Town Hall Event - WATCH LIVE NOW
The idea behind this event is to bring different sectors of the political spectrum, from activists to investors to corporate leadership, towards building a Jobs Movement where we advocate for jobs in America that make things for Americans. The focus will be on removing the four bottlenecks of jobs: megabanks, the health care cartel, corrupt trade practices, and the aristocratic tax code. The tour is done in partnership with Nucor Steel, whose CEO Dan DiMicco will be one of the participants in tonight's town hall.
Wednesday
Dec082010
Janet Tavakoli: Fraud As A Business Model Within The Structure Of The Wall Street Ponzi Scheme (Powerpoint)
Video: Janet Tavakoli interview with Katie Couric
Story also includes Janet's semi-humorous powerpoint presentation on bank fraud presented at an investment conference Wednesday.
Wednesday
Dec082010
Bernanke's Bailout - So That's Where The Money Went
By Gretchen Morgenson
Last week, the Fed provided spreadsheets identifying the companies that used the credit facility each day. Changes in these borrowings offer a window onto how quickly panic tore across Wall Street in September 2008.
