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GOP attacks GM takeover, Wall Street Profiteers
When the White House Press Spinner Gibbs says, "we all have to make sacrifices," he smirks away. The only one making a sacrifice in this disaster is our children who are facing a $72T debt burden, if you bother to count Medicare and Social Security- which, of course, they will never receive. ZeroHedge calls the spade a spade in this post: GM is set to announce the sale of Hummer for $100-$200 million at some point today, marking the most anyone paid for one of those since Eliot Spitzer. As Zero Hedge reportCollected in tristar-research's videos Jun 2, 2009 -
Bank Regulator William K. Black explains that Mortgage Fraud Stemmed from Lenders (IndyMac, WAMU, Countrywide)
Famed bank regulator William K. Black, a consumer-protection hero of the savings and loan scandal of the 1980s, speaks with The Young Turks radio show about the massive banking fraud perpetrated on the American people and the futility of the Obama administration's bank rescue plan. FBI said in September 2004 that there was "an epidemic of mortgage fraud", and it will be worse than the S&L crisis. The FBI received 63,000 cases of fraud last year (80% by the LENDERS) and the FBI clears 800 cases a year. TalCollected in tristar-research's videos May 25, 2009 -
Fed Seeks to Privatize SEC Securities Oversight Function
In what has to be a video testimonial to the absurdity of our "free market", CNBS host Dennis "Kneel" shills for the economy in early 2008 and then, in a brilliant clip, completely ignores Jeff Mackey's obtuse? protests about the absurdity of the auto and bank bailouts....Truly tellingCollected in tristar-research's videos May 20, 2009 -
The Flagrantly Visible Hand Manipulating the Market
Three commentators on Fox News admit that the Bernanke put has been jamming the futures overnight and at the close of each market day- Oh, who has $10-20B of EOD firepower? Three guesses...the head of Schaeffer's Investments comments: “Something strange happened during the last 7 or 8 weeks. Doreen you probably can concur on this -- there was a power underneath the market that kept holding it up and trading the futures. I watch the futures every day and every tick, and a tremendous amount of volume cameCollected in tristar-research's videos May 19, 2009
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tristar-research When the White House Press Spinner Gibbs says, "we all have to make sacrifices," he smirks away. The only one making a sacrifice in this disaster is our children who are facing a $72T debt burden, if you bother to count Medicare and Social Security- which, of course, they will never receive. ZeroHedge calls the spade a spade in this post: GM is set to announce the sale of Hummer for $100-$200 million at some point today, marking the most anyone paid for one of those since Eliot Spitzer. As Zero Hedge report Read More
Jun 2, 2009