The earths is still shaking along the east coast of the United States – after a 5.8 earthquake rocked the small town of Mineral, Virginia and reverberated through the nation’s capitol and several other states up and down the coast – from Georgia to New York. Today – schools and government building are closed in Washington, DC out of fear of after-shocks – and damage has been discovered at the National Cathedral and Washington Mo
America’s biggest transnational corporations have a secret they don’t want you to know about. Arguing that they’ll create jobs in the United States if they just get massive tax breaks – many transnational corporations are refusing to release just how many jobs they have ALREADY created in the United States – and how many jobs they’ve created overseas - over fears that if the American people saw just how much outsourcing they’ve
Homeowners in America are still screwed. As more records from the Federal Reserve go public – we’re learning that the 2008 bailout of Wall Street – known as “TARP” – was just the tip of the iceberg in public funds going to the banksters. In December of 2008 – the Fed secretly gave more than $1.2 trillion in virtually interest-free loans to big banks like Morgan Stanley – Citigroup – and Bank of America. That’s $1.2 t
In a few weeks – the Gang of 12 “Super Congress” will meet to figure out a way to cut $1.2 trillion out of the deficit. So to figure out who’s going to win and who’s going to lose in a potential deal – we should follow the money – and in that case it appears Wall Street will once again make out like bandits. Banksters have given more than $11 million in campaign contributions to members of the Gang of 12 – so we might as w
Who did House Oversight Committee Chairman – and richest man in Congress Darrell Issa - hire to spearhead his efforts to block government regulations on big banks like Goldman Sachs? None other than the Vice President of Goldman Sachs! In one of the most egregious cases of the revolving door on Capitol Hill – the former Vice President of Goldman Sachs – Peter Simonyi – left his job as a bankster – then changed his name to
Big tobacco is suing the FDA. Under new FDA regulations – by September of next year all cigarette packs must display graphic images showing the consequences of smoking. But now – the tobacco companies are pushing back – using the Mitt Romney argument that they’re people – and that these new regulations violate their First Amendment rights.
Rick Perry is wasting no time resorting to violent rhetoric in his campaign for President. While speaking to a crowd in Iowa – Perry weighed in on the Federal Reserve – and Chairman Ben Bernanke’s monetary policy saying, “If this guy prints more money between now and the election, I dunno what y’all would do to him in Iowa but we would treat him pretty ugly down in Texas.” Perry went on to say, “Printing more money t
The billionaire – and one of the richest men on the planet – had some advice for lawmakers when it comes to taxes. In an article in today’s New York Times – Buffett argued for his own taxes to be raised – as well as others just like him. “While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet,” Buffett wrote, “we mega-rich continue to get our extraordinary tax break