July 27, 2017

LIBOR Lies Defraud Billions, Yes; but Essential ‘Bank’ Fraud Costs 99% Trillions

LIBOR lies defraud billions, yes; but essential ‘bank’ fraud costs 99% trillions Here are three … [Read more...]

US SENATE REPORT | U.S. Vulnerabilities to Money Laundering, Drugs, and Terrorist Financing: HSBC Case History

United States Senate PERMANENT SUBCOMMITTEE ON INVESTIGATIONS Committee on Homeland Security and … [Read more...]

HSBC to Apologize at Hearing on Money Laundering, Memo Shows

I hope the next time I get caught laundering money that my apology is accepted! ~ HSBC to Apologize … [Read more...]

Video: Green-tech bust Solyndra busted for abandoning toxic waste

How green was my valley? Not much. So much for the “green” in green-tech stimulus.  … [Read more...]

Video: Green-tech bust Solyndra busted for abandoning toxic waste

How green was my valley? Not much. So much for the “green” in green-tech stimulus.  … [Read more...]

Video: Green-tech bust Solyndra busted for abandoning toxic waste

How green was my valley? Not much. So much for the “green” in green-tech stimulus.  … [Read more...]

Abeel v. Bank of America Complaint | The Laundering of Trillions of Dollars of U.S. Taxpayer Money

Abeel v. Bank of America Complaint | The Laundering of Trillions of Dollars of U.S. Taxpayer … [Read more...]

SIGTARP REPORT | Factors Affecting Implementation of the Hardest Hit Fund Program

TARP Bailout Money Fails To Reach Neediest Homeowners After Two Years: Report A federal housing … [Read more...]

Great news: Foreclosures getting spruced up while taxpayers get trimmed

Shovel-ready jobs? Since most people can’t afford to sell their homes, they have had to … [Read more...]

Your tax dollars at work: Here’s what they were doing at that blowout GSA conference in Vegas

"I'll never be under OIG investigation." Four days, 300 people, $823,000 in taxpayer money down the … [Read more...]

Fannie and Freddie Charitable Donations?

I'm generally skeptical about corporate charitable donations.  My sense is that they are … [Read more...]

Chu: I give myself another A on gas prices

Grade inflation redux. That report card from the Department of Energy is starting to look pretty … [Read more...]

GAO Report: Government wastes “tens of billions” of dollars on duplication and overlap

Repeat programs. Another year, another Government Accountability Office report that shows the … [Read more...]

First Lady in a little place called Aspen

Sweet Sixteen. Lloyd: What the hell are we doing here, Harry? We’ve got to get out of town! … [Read more...]

Friday Night Doc Dump: Did WH economic advisers raise red flags on Solyndra as early as March 2010?

"Best not to go there." Concerns over the financial status of Solyndra reached higher and sooner in … [Read more...]

Another green-tech stimulus recipient files for bankruptcy

The SOTU kiss of death? In last year’s State of the Union speech, Barack Obama hailed the … [Read more...]

CBS: Obama admin spent $6.5 billion on risky green-tech ventures; Update: Obama proposes to save less than half in org consolidation

"Not even a good junk bond." We already know that the Obama administration’s stimulus-funded … [Read more...]

Rep. Schweikert to Obama: Stop buying your own books with taxpayer money, please

What -- that's not a built-in perk of the presidency? According to various reports last week, the … [Read more...]

Dept of Labor IG: Obama’s green-jobs training program a flop

Time to give back the rest of the money. It’s not as if we haven’t already learned what … [Read more...]

New Fast & Furious document: ATF bought guns with taxpayer money and sold them to illegal buyers directly

Deeper. In case anyone’s still bitterly clinging to the “botched sting” theory of … [Read more...]

Federal government doled $170 million to a Spanish company to build a wind farm in Illinois

Easy being green. In 2010, as a part of the Treasury Department’s 1603 Renewable Energy Grant … [Read more...]

Obama Thinks He Can Intimidate You and Me Into Silence

The anointed one thinks he can do anything because he (currently) sits in the White House; including … [Read more...]

Obamateurism of the Day

The jet set. I’m not a critic of presidential vacations. Modern Presidents are always on duty, … [Read more...]

Buy Canadian and summer at Martha’s Vineyard?

Myopic optics. The legendary Casey Stengel once lamented about his hapless expansion-season New York … [Read more...]

Fannie Mae asks for another $5.1 billion in bailout cash

More taxpayer gruel. Today brings more great news from the bailout.  Fannie Mae, which has already … [Read more...]

New York Times Reports on The Collapse of David J Stern Enterprises

The collapse of the Law Offices of David J. Stern is causing chaos and costing taxpayers millions of … [Read more...]

Tampa Tribune and the Foreclosure Fraud Rocket Docket

The press continues to shine the light of common sense on the absurdity that is playing out in our … [Read more...]

Lehman Execs and Auditors Face Civil and Criminal Inquiries and Lawsuits

This is pretty aggressive and pretty abusive. I don’t know how under GAAP this follows the rules … [Read more...]

Obama Considering Expansion of Cash for Keys With Taxpayer Money

Editor’s Note: It seems to me that this concedes the battle to Wall Street. It encourages … [Read more...]

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