A new article in Bloomberg talks about the biggest banks getting $1.2 trillion in help: Citigroup Inc. (C) and Bank of America Corp. (BAC) were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S. banks and brokerage firms to their best year ever with $104 billion of profits. […]
When the S&P downgraded our credit rating last Friday one of the reasons they gave was the inability of Congress to raise revenues, IE tax increases. That’s rather interesting given the Republican front-runner’s handling of credit ratings in the past: Gov. Mitt Romney lobbied the credit ratings agency Standard & Poor’s in 2004 to raise […]
Since Arizona passed their immigration law, we have heard constant sound bites about how dangerous the U.S./Mexico border is. Well it turns out that the border isn’t as dangerous as the proponents of the new law are making it out to be: It’s one of the safest parts of America, and it’s getting safer. It’s […]
OOPS! I meant America’s crook! As New York mayor, Rudy Giuliani billed obscure city agencies for tens of thousands of dollars in security expenses amassed during the time when he was beginning an extramarital relationship with future wife Judith Nathan in the Hamptons, according to previously undisclosed government records. The documents, obtained by Politico under […]
We have yet another example of George Bush’s disregard for the laws of this country: Opening a new front in the Bush administration’s battle to keep its records confidential, the Justice Department is contending that the White House Office of Administration is not subject to the Freedom of Information Act. The department’s argument is in […]
(I am bumping this story back to the top as it is rather significant and now the mainstream media is starting to report on it. Just remember – you heard it here first lol) A new document has been unclassified through a FOIA request by the National Security Archive. A series of war games held […]
It has been almost a year since I first mentioned Bunnatine Greenhouse. She was the top procurement officer for the Army Corp of Engineers and was in charge of the contracts for Iraq. Throughout her tenure she received the highest marks on her performance evaluations before being demoted for performance issues. The only issue that […]
It’s been five years since terrorism grappled America, spurring a seeming endless trail of hampered freedoms. Even now, to this day, the Bush regime continues it’s role in murky dealings. The legislative nightmares and fumbled policies may pale in comparison to the attacks of September 11th, 2001 and for good reason. On May 16th, […]
While they are not concerned with churches that support Republican candidates or tell members to leave their church if they voted for Kerry, the Republicans sure do worry about the NAACP: Several Republican members of Congress sent letters to the Internal Revenue Service questioning whether the NAACP had veered into political advocacy and asked for […]
Now me might find out more about Abramoff’s visits to the White House: The Secret Service has agreed to turn over White House visitor logs that will show how often convicted lobbyist Jack Abramoff met with Bush administration officials — and with whom he met. U.S. District Judge John Garrett Penn last Tuesday approved an […]