Anthony Weiner Hands Republicans a Twofer

andrew breitbart

Joseph Palermo: The credibility of Anthony Weiner’s loud liberal voice in the House of Representatives, who recently showed the temerity to take on Justice Clarence Thomas for his conflict of interest in Citizens United, is now toast

Foreclosure Paperwork Scandal

Marian Wang: Though foreclosures continue to speed through courts in some states, in recent months some judges have increasingly questioned banks bringing foreclosure cases in court, forcing them to prove their legal standing to foreclose.

Friday Feedback: Fighting Over Scraps

Friday Feedback: I saw a great sign downtown today in the Immigration Reform March, “Jose didn’t take your job — Goldman-Sachs did.” It is time that those who are having a hard time began to show the courage to blame the ones who have really trampled on them: Goldman-Sachs, Lehman Brothers, Bank of America, Chase, Exxon, BP, and the filthy rich who didn’t get that way by doing the work

Defiant Wall Street Welfare Kings Come to Washington

Lloyd Blankfein

Joseph Palermo: The Democrats ensconce themselves in huge amounts of Wall Street campaign money and in exchange they pursue the short-sighted prerogatives of a bunch of rich guys who have already been bailed out and have shown the world that they’re nothing but a gang of white-collar crooks.

Connecting the Offshore Dots

denis

Rachel Maddow’s example on MSNBC was a simple enough explanation of how $21 billion dollars in annual tax revenue disappears from US coffers through legal loopholes that create tax shell corporations. Mr. Bill Hypothetical, based in Texas, earns $50,000 annually and pays a 25% tax rate. KBR’s profits, also based in Texas (a military contractor [...]

Citizens, Not Serfs

greed_is_bad

On the “Tonight Show” recently, President Obama discussed the need to change the “culture of entitlement” on Wall Street. It needs more than changing. How about scrapping it completely and then grafting on a little bit of character and common sense? The other day, I asked a Bank of America representative why, after I used [...]

Watchdog: No, Hank, You Didn’t Get a Good Deal for the Taxpayer

Henry Paulson

Former Treasury Secretary Hank Paulson said last October that the taxpayers shouldn’t fret about putting $250 billion in the nation’s banks: “This is an investment, not an expenditure, and there is no reason to expect this program will cost taxpayers anything.” But a draft report from the Congressional Oversight Panel for the TARP says Paulson [...]

If They’re Too Big To Fail, They’re Too Big Period

by Robert Reich – According to Treasury Secretary Hank Paulson, the biggest Wall Street banks now getting money from the government are just “too big to fail.” Fed Chairman Ben Bernanke uses a different euphemism – he calls them “systemically critical.” The point is that if any of them goes down, it could take the [...]

What, Me Worry?

Over the past week, President Bush held a state dinner for Ghana’s president, surveyed Texas hurricane damage, posed with Youth of the Year award finalists and met with Army General David Petraeus.

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