Category

Conspiracy & Corruption

Washington

The Biggest Obamacare Conspiracy Theory of 2015

On June 25, the biggest Obamacare conspiracy theory to surface post-SCOTUS decision spread through right-wing media outlets.

It consisted of two key possibilities and one hard look at a wavering chief justice…

Here's what some believe prompted SCOTUS' pro-Affordable Care Act decision this past June...

Washington

What Happened to Government Transparency? All We See Is Illegal Stonewalling

In recent years, it's become easier for wrongdoers to get away with abusing their government-given power.

The Obama administration has made it increasingly difficult for federal watchdogs to obtain records, despite President Obama's assurances that his is the most transparent administration ever.

The stonewalling has disrupted at least 20 government investigations.

Here's what's been going on - and what will happen next...

Washington

Wasteful Government Spending: Walls That Melt in the Rain, Catfish Inspectors, and More

With a national debt of $18.4 trillion, you'd think that tracking down and eliminating wasteful government spending would be more of a U.S. priority.

In the tradition of retired Sen. Tom Coburn, two lawmakers, Rep. Steve Russell, R-OK, and Sen. John McCain, R-AZ, are now publishing examples of government waste.

Here are 11 hard-to-stomach instances of wasteful government spending...

Conspiracy Theories

The Vatican Bank and Nazi Gold: A Scandal Unsolved

What the public knows about the Vatican Bank and Nazi gold scandal is that it relies heavily upon survivor accounts and one mysterious document.

While the evidence leaves room for speculation, it is less easy to discount the untold millions in Nazi plunder that went missing after the fall of the Reich, a majority of which remains unaccounted for.

Have a look at the evidence that's available so far and decide for yourselves...

Conspiracy Theories

What Is Jade Helm? Here Are the Latest Scandals

What is Jade Helm? It's a question being asked by citizens across the country. It's a military exercise! It's a secret takeover! It's a bunch of death squads!

One thing's for sure: Jade Helm is the center of controversy right now.

Here are the latest scandals...

Conspiracy Theories

What Is Jade Helm, and Why Are People Worried About It?

It's a question on the minds of many Americans, especially Texans: What is Jade Helm? Is it a military exercise? Or is it something much more sinister than that?

Well, the government and the military say one thing, the people of Bastrop, Texas say something else entirely.

Here are the Jade Helm conspiracy theories everybody's talking about...

Wall Street

Don't Believe the Headlines – Big Banks Are Still Screwing You

When it comes to big banks' bad behavior and the fines they pay to settle "allegations" – which are actually civil charges and which would be criminal charges if applied to any other business or in any parallel universe – things aren't even close to what they seem.

Sure the headlines scream victory, at least monetary victory, for some ripped-off consumers, some hard-charging regulators, and our vaunted (NOT) Justice Department.

To continue reading, please click here...

Top News

How I Know JPMorgan (NYSE: JPM) Was Complicit in the Biggest Ponzi Scheme Ever

I've said it before, and even though I've been threatened, in not so subtle ways, and been warned not to piss off certain people in power, I'm going to keep on saying it:

JPMorgan (NYSE: JPM) is a criminal enterprise.

Yesterday (Monday) the mega enterprising bank began talks to settle civil and criminal charges that it ignored signs its banking client Bernie Madoff was a Ponzi-running, lying, cheating crook. (Which he was.)

Some might even call it criminal...

Washington

Volcker Rule Means "Sleepless Nights Ahead for Bankers"

After two years of review and lengthy revisions, all five regulatory agencies unanimously passed the controversial Volcker Rule on Tuesday.

The 953-page new version of the Volcker Rule imposes a strict ban on proprietary trading (when banks use their own funds to make trades). In effect, it bans banks from trading for their own gain. Included in the revised version is new wording targeting the sort of risk taking that was responsible for last year's $6 billion trading loss at JPMorgan.

To continue reading, please click here...

Top News

The Five Biggest Corporate Fines Ever in the United States

The JPMorgan Chase & Co. (NYSE: JPM) $13 billion settlement finalized Tuesday tops the list of the biggest corporate fines ever in the United States.

The Department of Justice, attorney general, and other agencies have said that the JPM deal will serve as a framework for resolving other lender issues, meaning more record-breaking fines could be on the way.

To continue reading, please click here...