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Obama to Use Pension Funds of Ordinary Americans to Pay for Bank Mortgage “Settlement”
By Yves Smith
Obama’s latest housing market chicanery should come as no surprise. As we discuss below, he will use the State of the Union address to announce a mortgage “settlement” by Federa…
Book Review: Follow the Money: A Citizen’s Guide to Local Government
“Follow the money.” ~ Deep Throat
By Catherine Austin Fitts
The American Institute for Economic Research publishes Follow the Money: A Citizen’s Guide to Local Government by Lyndee Kemmet. It is a…
Technology – Week of 9.06.09
Report: Microsoft Rivals Near Linux Patent Deal
Business Journal (08 Sept 09)
Hartford Courant Competitors Seethe Over Web Site
ABC News (04 sept 09)
Mortgage Markets – Week of 1.31.10
US Mortgage Sector Braced For End Of Fed Help
Financial Times (03 Feb 10)
Cloudy Future for Fannie and Freddie
New York Times (01 Feb 10)
Housing Crash Continues It’s Still A Terrible Time To Buy Wh…
What Economy? There's Nothing Left
By Paul Craig Roberts
There is no economy left to recover. The US manufacturing economy was lost to offshoring and free trade ideology. It was replaced by a mythical “New Economy.”
The “New …
Bloomberg v. The Fed
I have been searching for updates on Bloomberg’s lawsuit seeking disclosure of collateral held by the Fed in exchange for a trillion plus in loans. Kudo’s to Bloomberg’s Mark Pittman for his coverage …
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