For starters, this is little more than an antiquated agency
straining for future relevance. It was never intended to be a
financial agency. It should be shrinking, not looking for ways to
Yes, just what we need to do. Put more taxpayer dollars into the
hands of people who won’t manage...
Rebels with a cause! And, yes, I assume the NYT’s Nicholas
Confessore used “rebels” as yet one more smear, impressing himself
and his friends by equating conservatives with the old South. But
then, that’s to be expected from these asses.
Rebel Conservatives Lead Way in G.O.P.
Insurgent conservative organizations raised more money...
Illinois’ overall poverty rate is the same as it was a
half-century ago despite scores of state and federal aid programs
and a steep drop in the number of older people struggling to get
by, according to a new report that examines how the state has fared
since President Lyndon Johnson...
President Obama plans to sign an executive order requiring that
janitors, construction workers and others working for federal
contractors be paid at least $10.10 an hour, using his own power to
enact a more limited version of a policy that he has yet to push
Obama to Raise Minimum...
U.S. sales of new homes fell in December for a second
consecutive month but even with the pause at the end of the year,
sales for all of 2013 climbed to the highest level in five
Sales of new homes dropped 7 percent in December to a seasonally
In September of 2012 the offer
stood at $65 Billion. It’s now at $1 Billion HK per link
Even a billion dollars would not be enough to find a man that
Gigi Chao, the lesbian daughter of property tycoon Cecil Chao
Sze-tsung, would be willing to marry.
“I don’t think my dad’s...
Billionaires George Soros and Michael Dell have been dragged
into a nasty lawsuit against former NBA great Magic Johnson over
his prepaid credit card, the Magic Card.
The moguls are principals of OneWest Bank, which entrepreneur
Reed Wallace is accusing, along with the former NBA great Johnson,
of stealing his...
There’s a list of stores at link below.
J.C. Penney will close 33 stores and lay off about 2,000 employees int he process, the retailer said Wednesday.
The stores are expected to be shuttered by early May.
via J.C. Penney closing 33 stores, laying off 2,000.
The Obama disaster continues. At least he had a nice
Several major retailers got hit with serious cases of the
post-holiday blues on Thursday as their after-hours stock prices
tumbled after a challenging holiday season.
Familiar retail chains — including Sears and J.C. Penney — saw
stock prices decline in after-hours trading...
A federal lawsuit filed by a group of California public school
teachers saying mandatory payment of union dues violates their
right of free speech is moving forward in the courts..
In essence, in California and 25 other “closed shop” states, the
teachers by law must join a union as a condition of...
In two high-profile forums last week, Dodd-Frank, the financial
“reform” law sold as targeting Wall Street, was shown to have a
devastating effect on Main Street businesses — from community banks
to farmers and manufacturers.
First came a June 11 hearing before Judge Ellen Huvelle of the
federal district court of the...
A private survey shows U.S. businesses added just 135,000 jobs
in May, the second straight month of weak gains.
Payroll provider ADP said Wednesday that May’s gain was above
April’s revised total of 113,000. But it’s much lower than the
gains ADP reported over the winter, which averaged more than
Read the whole thing:
The average U.S. household has a long way to go to recover the
wealth it lost to the Great Recession, a report by the Federal
Reserve Bank of St. Louis concluded Thursday.
The typical household has regained less than half its wealth,
the analysis found. A separate Federal Reserve...
Actions have consequences – via Reuters.
A former U.S. Internal Revenue Service commissioner has
withdrawn his bid to join CBOE Holdings Incs board of directors as
he faces fire for the agencys targeting of conservative groups for
extra tax scrutiny.
Douglas Shulman, who led the IRS from 2008 to 2012, withdrew his
Via Rob port, link below. The more Congress screws with our
financial systems, the worse they get. Funny how that happens!
Three years ago Monday the Senate passed the Durbin Amendment to
the Dodd-Frank Banking Bill which sought to make the retail
experience for Americans cheaper by capping the fees for...
So, this pathetic ass Chris Faraone wants to raise money for a book and appears to be bragging that he killed Andrew Breitbart? Have at him.
A book about indicting right-wing demagogues and causing conservative consternation. (more…)
I hope they don’t think this should make anyone feel better
about anything? Five years in, it would be nice to see some
agreement that the Obama-conomy has failed. It always was more
‘con’ than economy anyway.
As poverty mounted throughout the nation over the past decade,
the number of poor people...