College students and graduates around the nation are buried in debt and trying to succeed in an extremely difficult and competitive economic environment. Many people are graduating only to find out that they are unable…
Tag: loans
Another act of the play called US Debt Ceiling Revision is over. It has been performed for many years. For almost three weeks the US budget crisis, that could possibly entail a default, has…
Preface: Not all banks are criminal enterprises. The wrongdoing of a particular bank cannot be attributed to other banks without proof. But – as documented below – many of the biggest banks have engaged in unimaginably bad behavior. You Won’t Believe What They’ve Done … Here are just some of the improprieties by big banks: Funding the Nazis Laundering money for Terrorists Financing illegal arms deals, and funding the manufacture of cluster bombs (and see this and this) and other arms which are banned in most of the world Launching a coup against the President of the United States Handling money for rogue military operations Laundering money for drug cartels. See this, this, this, this and this (indeed, drug dealers kept the banking system afloat during the depths of the 2008 financial crisis) Engaging in mafia-style big-rigging fraud against local governments. See this, this and this Shaving money off of virtually every pension transaction they handled over the course of decades, stealing collectively billions of dollars from pensions worldwide. Details here, here, here, here, here,here, here, here, here, here, here and here Manipulating gold prices … on a daily basis
“Facts do not cease to exist because they are ignored.” – Aldous Huxley I woke up this past Saturday morning and opened my local paper to find out that all was well. An Associated Press article declared…
Ten major U.S. banks settled charges of illegally kicking people out of their homes for pennies on the dollar, under two agreements with the government announced this week. The biggest beneficiary is Bank of…
“Despite the Dodd-Frank financial reform bill and its directive to address this issue, the problem of bank runs in the shadow system has not yet been solved.” –Mark Thoma, Professor of Economics, University of Oregon,…
The Wall Street Journal reported on January 19th that the Obama Administration was pushing heavily to get the 50 state attorneys general to agree to a settlement with five major banks in the “robo-signing” scandal….
In a meeting on Monday between U.S. State Department and Israeli officials, the U.S. officials promised to extend loan guarantees to Israel for the next three years. The $3.8 billion in loan backing is in…
[anyplayer:url=http://217.218.67.244:8181/video/20120114/05-22-00-sng-collin-washington.flv] Hampered by a sluggish economic recovery, lackluster jobs creation and a reelection campaign President Obama is doing the inevitable. He officially asked Congress for an additional 1.2 Trillion dollars– so the US can pay…