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Category Archives: Obama administration
Dems Get $32 Million Line of Credit from Bank of America
I’m sure the Obama administration’s opposition to a national foreclosure moratorium and its willingness to look forward and give the big banks, Bank of America for instance, a do-over on fraudulent court documents has absolutely nothing to do with this: … Continue reading
Posted in Bank of America, Congress, Democrats, Foreclosures, Obama administration, Politics, Wall Street
Tagged $15 million, $17 million, Bank of America, Democratic Congressional Campaign Committee, Democratic National Committee, foreclosure, line of credit, moratorium, Obama administration
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Foreclosuregate, Cont’d
Bank of America has completed its “internal review” of alleged improprieties in its foreclosure proceedings–a review of 102,000 foreclosures that took all of 17 days–and found, surprise surprise, zero mistakes: “Bank of America announced on Monday that it would resume … Continue reading
Who Says Crime Doesn’t Pay?
It certainly paid well for two former executives of Countrywide yesterday in the settlement of a civil lawsuit brought by the Securities and Exchange Commission charging Angelo Mozilo, former CEO, and David Sambol, former president, with securities fraud and insider … Continue reading
Foreclosure Fraud Just the Tip of the Iceberg
Dylan Ratigan, Ohio Secretary of State Jennifer Brunner, and Karl Denninger of The Market Ticker unravel foreclosure fraud: To reiterate, the fraud in foreclosures that we’re seeing now is just the tip of the iceberg. The purpose is to try … Continue reading
Posted in bailout, Congress, economy, Financial Crisis, financial reform, financial regulation, Foreclosures, Justice Department, Obama administration, special interests, too big to fail, Wall Street
Tagged 40 states, attorneys general, bailout, BofA, Chase, Congress, David Axelrod, Dylan Ratigan, financial reform, foreclosure, fraud, insolvent, Karl Denninger, Market Ticker, mortgages, national moratorium, resolution authority, securities, Wall Street, White House
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Obama Invokes “State Secrets” in Assassination Plot
“If tyranny and oppression come to this land, it will be in the guise of fighting a foreign enemy.”—James Madison, often referred to as the father of that antiquated, outdated, document known as the Constitution of the United States, which … Continue reading
Posted in Bill of Rights, Constitution, Justice Department, Obama administration, torture, war on terror
Tagged ACLU, al Qaeda, American citizen, Anwar al-Awlaki, assassinate, Center for Constitutional Rights, Constitution, due process, George Bush, Glenn Greenwald, James Madison, Justice Department, President Obama, state secrets, tyranny. oppression
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Axelrod in Wonderland
David Axelrod in yesterday’s Washington Post: “Pundits will spend a lot of time predicting who will win in November. But more is at stake than the fate of Democrats or Republicans. What’s at stake is whether the powerful corporate special … Continue reading
Insurance Industry’s Pre-Emptive Strike on Health Care “Reform”
Sure is a good thing we avoided the public option “government takeover” of the health care system and mandated coverage by private companies. Nobody could have ever seen this coming: “Some of the country’s most prominent health insurance companies have … Continue reading
Beware Wannabe Speakers Bearing Gifts
Speaker-in-waiting (he hopes) John Boehner says a few reasonable sounding words on Face the Nation and the headlines are about a ‘shift in policy,’ a ‘crack in Republican solidarity,’ a ‘victory for the Obama administration,’ and ‘Republicans caving on the … Continue reading
Posted in budget, Congress, Conservatives, Democrats, economy, Obama, Obama administration, Politics, Republicans
Tagged Obama administration, Harry Reid, Face the Nation, Joe Lieberman, Nancy Pelosi, John Boehner, Senators, Speaker-in waiting, only option, tax reductions, defenders of the rich, GOP, Bayh, Nelson, Conrad, Webb, extending tax cuts, caveat emptor
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What Hath 9/11 Wrought?
September 11, 2001 has been dubbed ‘The Day That Changed America’ and indeed it did. Indeed it did—and not for the better. It changed America from the land of the free and the home of the brave to the land … Continue reading
Posted in Bill of Rights, Constitution, Justice Department, Obama administration, terrorism, torture, war on terror
Tagged ACLU, Andrew Sullivan, Bush administration, Daily Dish, due process, equal justice, Executive Branch, habeas corpus, Judicial Branch, national security, Ninth Circuit Court of Appeals, Obama administration, President Obama, rendition, rule of law, September 11, state secrets, The Day That Changed America, torture, war crimes
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