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Due to defense cuts in January, defense contractors will have to lay off 1000′s. Obama wants defense contracters to ignore the 60 day notice required by the WARN law in firing employees. In compensation, Obama promised to cover any litigation costs using tax payer dollars.
http://www.foxnews.com/politics/2012/10/02/republicans-rip-white-house-for-putting-tax-dollars-on-line-over-possible/
I suppose Obama is afraid he will lose votes. The legal 60 day notice would require defense contracters to give notice before elections. Obama would rather [...]
From Bloomberg:
“The U.S. Justice Department and the Federal Bureau of Investigation in New York have begun a criminal probe of JPMorgan Chase & Co. (JPM)’s $2 billion trading loss, a person familiar with the matter said.
The U.S. is looking into whether criminal wrongdoing occurred in relation to the losses the bank reported last week, said the person, who declined to be identified because the matter isn’t public. The inquiry is in its most [...]
Infowars.com
May 2, 2012
Editor’s note: This video needs to go viral. It provides more evidence that the war on drugs is a criminal enterprise. It also shows how the cops are responsible for the drug problem in Minnesota and are using tax payer money to get young people high on illegal drugs. It is very interesting that the police are conducting their DRE op in Peavey Plaza where OWS people are active. [...]
This subject is worth a read. It is a national security issue for the US and it is being trumped by some green radicals. Pretty sure there are more some actual kids in a California who could use a head start program, thank god $45m of TAX PAYER MONEY went to a head start program for TURTLES.
For an idea of how Canada is saying NO to the same Green radicals [...]
by Rafi Farber
Lately I’ve been having trouble sleeping. I sit here in my living room in
Karnei Shomron, Israel, on the 8th night of Chanukah, wondering what other
miracles lay in store on January 3rd and in the months ahead. The name Ron
Paul is constantly at my fingertips. I’ve typed it in so many times the
past month it’s insane. I’m experiencing an excitement I’ve rarely ever
felt, and I don’t even live in [...]
There is currently $600 trillion in derivative positions on a global economy of $60 trillion.
Not a problem eh?
The “cause” is the BANKS lootin and pillaging.They deliberately helped Greece hide its debt.
The “problem ” was the US allowed the banks to defraud the western world.
Finance Superstars Talk About the Massive Fraud in Our Economic System
Nobel Prize-winning economist Joe Stiglitz stated how reducing transparency and hiding information was an [...]
WEAC issues layoff notices to 40% of staff By Erin Richards of the Journal Sentinel Aug. 15, 2011 12:02 p.m. |(114) Comments
Layoff notices have been issued to about 40% of the Wisconsin Education Association Council workforce, a total of 42 employees who work for the state’s largest teachers union, Executive Director Dan Burkhalter confirmed Monday.
Burkhalter said that the layoffs and other budget cuts at WEAC are [...]
The fact that those responsible for the recent economic crisis have not been held accountable is setting a very dangerous trend, believes investigative journalist Matt Taibbi, author and contributing editor to Rolling Stone magazine.
“The number one thing that came out of this whole period is that there are absolutely no consequences for any of the people who committed this wide-scale fraud,” Taibbi said. “We [...]
JP Morgan Chase &Co has a pretty slick mouth piece telling anybody that will listen a lot of things that basically is a ploy to keep his traitorous ass out of prison. The former class A director of the New York Federal Reserve is a circus barker for the corrupt that helped bring American down. His predecessor Henry Paulson is a close second. What this clown wants to do should make the hairs [...]
Wall Street may soon have to finally pay for its folly. Earlier this week, the US Attorneys office of the Department of Justice sued Deutsche Bank for allegedly tricking a government insurance program into backing mortgage loans that were much riskier than they were portrayed. Many of those loans have defaulted causing nearly $400 million in losses for the government program already, and potentially much [...]
BY ALEX PAREENE
Liberty University, the evangelical private Christian school founded by dead apartheid-supporting bigot Jerry Falwell, received $445 million in federal financial aid last year. The Corporation for Public Broadcasting, by
the way, received $420 million from the federal government.
That massive sum was thanks to the growth of Liberty’s online program, which enrolled 52,000 students last year. The school is the No. 1 recipient of Pell [...]
Ready for another cash for clunkers program? It looks like General Motors is attempting to replace it’s own consumer incentives with tax payer money. The car company, bailed out of bankruptcy in 2009 by the American tax payer, appears to be turning the government into an automatic rebate provider.
The Obama administration and their friends on Capitol Hill are floating around a proposal to change the [...]
by helpus
The other day the treasury announced it was in the red. All debt in the free world has a relationship to the Bank of England and the Rothschilds, as well as the monetary system of the free world. So we are all backed by that system. Because we created debt in America alone we owe the system 6 trillion and the Chinese own 4 trillion dollars of security bonds [...]
You might want to ask, can this “Party” on WallStreet continue despite the U S Economy being mired in one of the worst Economic downfalls since the 1930′s Great Depression? Further, you might want to ask How in the world did the DOW go from the 6,300 trading level back in March 2009 to now @ almost 11,000????, even in the midst of the Economic Crisis in the USA????
The answers [...]
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