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Now a long-time D.C. insider has tipped me off as to how the banksters plan to squeeze the next phase of the budget deal for their own benefit. This insider writes to me:More
What hat trick do the “banksters” try next? IMHO, they love to hide their best and biggest tricks in plain sight.Bottom line, the banksters have a key man in place to guide the next budget deal and turn it into a bankster feast. Expect the result to be the National Infrastructure Bank, which will act something like a domestic version of the IMF/World Bank. It will be initially financed via bankster money raising deals (where they will earn huge fees). The actual building of the infrastructure will be done by Obama's union cronies. To make it all work, you, as an average Joe Citizen will play a key role, designed by the National Iinfrastructure Bank, by paying tolls and fees for the use of these government granted monopoly projects.
It’s the “national infrastructure bank.” Leading Democrats on the Hill are teeing up a national infrastructure bank to be incorporated into the next budget deal. As an example, Chuck Schumer is proposing using the proceeds from a new, one-year repatriation tax to fund the start up costs of such a national infrastructure bank
President Obama is ginning up an autumn marketing push to persuade Congress to approve new infrastructure spending. But this latest effort at Keynesian stimulus may be even less successful than its 2009 predecessor. That's because the same factors preventing earlier projects from being "shovel-ready" remain, while new funding terms will make big digs less attractive to state and local governments.More
You could look at Blankfein hiring external counsel as a normal prudent, legal move. But that’s naive, given the attorney he selected. Hiring a major criminal-defense lawyer is about more than the fear of a $550 million SEC wrist slap for bad documentation in the Abacus CDO. It’s about the real possibility of doing time.Prins speculation may be a bit ahead of the facts that are public, but Blankfein looks more and more like he may become the poster boy of bankster evil. The hoosegow for Blankfein can not be ruled out. That said, bankster operations will continue unimpeded.
NEWARK, N.J.-- New Jersey regulators have suspended the license of a northern New Jersey physician accused of poking a 13-year-old child more than 100 times with a screwdriver, causing bruises and small cuts.
The state Board of Medical Examiners announced the action Monday against Dr. Sylvia Lee of Emerson, an allergist who practiced in Old Bridge.
As any single person with married friends can testify, their constant patter about how great marriage is for just about everything (Your heart! Your mood! Your life expectancy !) can be a little annoying. Research supports those pitying glances they shoot in your direction when you defend your singleness; long-term committed relationships like marriage really are good for your health. But, still.
That's all the more reason to embrace University of Cincinnati sociologist Corinne Reczek, who believes that research “has failed to look at the dark side” of coupledom.
Goldman Sachs Chief Executive Lloyd Blankfein has hired high-profile Washington defense attorney Reid Weingarten, according to a government source, as the Justice Department continues to investigate the bank.Yikes, you don't hire Weingarten to get you out of a speeding ticket. Blankfein is sweating.
(CBS/AP) Are food stamps contributing to America's obesity epidemic? Mayor Michael Bloomberg of New York City seems to think so - so he proposed a plan to stop people from using the stamps to purchase sugary soft drinks, teas, and sport drinks.
But the Big Apple's top health cop got busted.
The U.S. Department of Agriculture rejected the proposal, saying it would be too big and complicated to implement. In addition, the department had concerns over its "potential viability and effectiveness."
The memorial sits on the National Mall near the Tidal Basin, between memorials honoring Presidents Abraham Lincoln and Thomas Jefferson. It includes a 30-foot-tall sculpture of King and a 450-foot-long granite wall inscribed with 14 quotations from the civil rights leader.
(VINEYARD HAVEN, Mass.) — The White House is revealing plans to save businesses $10 billion by scrapping hundreds of government regulations found to be outdated, unfair or unnecessary.
Administration officials say the savings will be realized over a five-year period. The plan was described Tuesday by Cass Sunstein, administrator of the White House Office of Information and Regulatory Affairs, in a column in the Wall Street Journal in advance of a formal announcement as President Barack Obama vacations at Martha's Vineyard, Mass.
More“As an example, even if just the last assumption were changed from Countrywide and Bank of America having to repurchase all, rather than just 40%, of loans that were both in default and breached Countrywide's representations and warranties, then Mr. Lin's estimate of a reasonable settlement would rise from a range of $8.8 to $11 billion to a range of $22 to $27.5 billion. Modifying any of his other three assumptions would cause that range to rise much more."”
BALTIMORE - A Baltimore judge has sentenced a 37-year-old Catonsville man to five life terms, plus 80 years in prison for firing on police officers during a traffic stop.
Judge Edward R.K. Hargadon sentenced Bradrick Green on Monday to five life terms plus 80 years to be served consecutively and six life terms plus 38 years to be served concurrently. The first 65 years are to be served without the possibility of parole.
Opening statements could come as early as Tuesday in the trial of two brothers accused of carrying out a murder-for-hire scheme orchestrated by Baltimore pastor Kevin Pushia, who pleaded guilty to ordering the death of a legally blind and mentally disabled man to fraudulently collect $1.4 million in life insurance.
Brothers James Omar Clea III and Kareem Jamal Clea (pronounced "klee") are each charged with conspiring to kill Lemuel Wallace, a 37-year-old group-home resident who was shot in the head on Feb. 4, 2009, and left to die in a bathroom stall at Leakin Park.
Prosecutors claim that James Clea, 33, introduced Pushia to his brother, who was then paid $50,000 in church funds by the pastor to execute Wallace. Kareem Clea, who turns 28 on Thursday, is also charged with murder and various handgun violations.
