Taxpayers get ready to swallow $6.3B

Posted on 11. Mar, 2010 by Shera Crossan in Business & Finance, Economy, Feedback, Politics

The Treasury Department sank billions into auto finance giant GMAC Inc. without an exit strategy or proof the company was viable — a decision that could cost taxpayers $6.3 billion, a new watchdog report says.
The government said the $17.2 billion bailout was a necessary step to save troubled automakers General Motors and Chrysler. GMAC provides [...]

Revealed Papers Churchill On Jews

Posted on 09. Mar, 2010 by Shera Crossan in Business & Finance, Feedback, Israel & Jewish Issues, Real History, Shera Crossan

Friday, 16 January 2009
Uncovered: Churchill’s warnings about the ‘Hebrew bloodsuckers’

LONDON
Sat Mar 10, 2007 8:06pm EST
In the long lost article, Britain’s wartime leader disapproved of the treatment they experienced but did say of the Jews: “They have been partly responsible for the antagonism from which they suffer.”“How The Jews Can Combat Persecution,” originally written in 1937 [...]

Millions of Ethiopian Famine Aid Used to Buy Weapons

Posted on 04. Mar, 2010 by Nathaniel Bacon in Arts/Entertainment, Business & Finance, Race

Millions of pounds of Western aid money intended to buy food for starving Ethiopians during the country’s 1984 famine were instead used by rebels to buy weapons, an investigation has found. At least some of that money was likely to have come from the 150 million pounds raised by Live Aid and Band Aid. More [...]

Corruption At Federal Reserve Bank Ignored By The MSM

Posted on 26. Feb, 2010 by Shera Crossan in Business & Finance, Foreign and Domestic Intelligence, Immigration, Shera Crossan

America’s banking industry is aiding and abetting lawbreakers and there appears to be no one in Washington, D.C. interested in conducting an investigation into this corruption.
While the mainstream news media are hard at work covering the Democrats striving to achieve their dream of taking control of Americans’ health care, the Federal Reserve Bank continues working [...]

G.M. to Close Hummer After Sale To China Fails

Posted on 25. Feb, 2010 by Shera Crossan in Business & Finance, Economy, Politics, Shera Crossan

General Motors said on Wednesday that it would shut down Hummer, the brand of big sport utility vehicles that became synonymous with the term gas guzzler, after a deal to sell it to a Chinese manufacturer fell apart.
The buyer, Sichuan Tengzhong Heavy Industrial Machines, said in a statement that it had withdrawn its bid because [...]

‘Fighting the Subversion of Our People’s Sovereignty’

Posted on 24. Feb, 2010 by Shera Crossan in Business & Finance, Editorials, Foreign and Domestic Intelligence, Politics

By Jim Hightower
February 24, 2010 “Creators” — As you’ve probably heard, corporations are now “people” — humanoids that are equivalent to you and me. This miraculous metamorphosis happened on Jan. 21. Accompanied by a blinding bolt of lightning, and a terrifying jolt of thunder, five Dr. Frankensteins on the Supreme Court threw a judicial switch [...]

Paki millionaire “I want to stand up and be counted –

Posted on 22. Feb, 2010 by Shera Crossan in Business & Finance, Politics, Race, Shera Crossan

London: Days after the British National Party had to ease its whites-only policy because it breached equality laws, a Pakistani-born millionaire has applied for membership in the neo-fascist party in order to “expose” it.
“I want to stand up and be counted – and expose the BNP for what they are. I want to antagonise them [...]

Ohio man bulldozes home to avoid foreclosure

Posted on 20. Feb, 2010 by Shera Crossan in Audio-Video, Business & Finance, Foreign and Domestic Intelligence, Shera Crossan

“As far as what the bank is going to get, I plan on giving them back what was on this hill exactly (as) it was,” Hoskins said. “I brought it out of the ground and I plan on putting it back in the ground.”
Click2Houston News video

“When I see I owe $160,000 on a home valued [...]

‘IMPEACH OBAMA’ Billboard Popular Spot For Motorists

Posted on 15. Feb, 2010 by Nathaniel Bacon in Business & Finance, Economy

OSHKOSH WISCONSIN — A controversial billboard along Highway 41 is catching people’s attention. It calls for President Obama to be removed from office.
The spot, near the Oshkosh Correctional Institute, is also becoming a popular spot for motorists  to pull over and snap a picture.
“The sign kind of struck me as forceful. I was driving up [...]

The Unwinding: Stick a Fork in it, The Dollar is Done

Posted on 14. Feb, 2010 by Nathaniel Bacon in Business & Finance, Economy

News junkies, currency buffs, and economists of an Austrian tilt have been having quite an entertaining few weeks. Between massive blizzards from Virginia to New England, another baseless Dollar rally, and the hilarious notion that a little Greek debt could unwind the Euro, there certainly has been plenty to talk about. These ‘black’ swan’ events [...]

Oil, gas, gold, copper, etc., Oh My!

Posted on 13. Feb, 2010 by Shera Crossan in Business & Finance, Commentary, Science and Technology

This discovery comes from an incredibly deep well of information in the writings of Ezili Danto (Marguerite Laurent), in her article, Part 2, Oil in Haiti as the economic reasons for the US/UN occupation, written in January. Danto�s opening line links to Part 1 of the story from her website, and contains a cache of [...]

Confessions of a Retail Manager/Professional Tounge Biter

Posted on 07. Feb, 2010 by Shera Crossan in Business & Finance, Opinion, Shera Crossan

Working in retail is by no means a glamorous job, but it is honest, decent work, and if you stick with it, the best way for those of us who decided college was overrated to make a real living. (And yes, dear reader, I do realize the college decision was ill advised.)
The worst thing about [...]

‘Have it your way, Booger and a fry.’

Posted on 02. Feb, 2010 by Shera Crossan in Business & Finance, Race, Shera Crossan

– A black Ohio man claims in a federal discrimination lawsuit that a northwestern Pennsylvania Burger King worker spat on his food while another worker tried to obscure the man’s view of the incident.
A spokeswoman from Burger King’s Miami headquarters did not immediately respond to questions about the lawsuit filed today ;
Glenn Goodwin of Cleveland [...]

Appalachia Drilling Risks

Posted on 02. Feb, 2010 by Rob Belatucadros in Business & Finance, Health, Rob Belatucadros, Top Stories

HARRISBURG, Pa. – A drilling technique that is beginning to unlock staggering quantities of natural gas underneath Appalachia also yields a troubling byproduct: powerfully briny wastewater that can kill fish and give tap water a foul taste and odor.
With fortunes, water quality and cheap energy hanging in the balance, exploration companies, scientists and entrepreneurs are [...]

China Warns Obama In Meeting The Dalai Lama

Posted on 02. Feb, 2010 by Shera Crossan in Business & Finance, Politics, Religion

(Feb. 2) — China is warning President Barack Obama that if he meets with the Dalai Lama, it will undermine U.S.-China relations and even hurt America’s prospects for economic recovery.
The Dalai Lama, a Buddhist monk, is the spiritual head of his coreligionists in Tibet, and lobbies for self-rule in the mountainous area that China claims [...]

TARP Inspector General: Bailout Goals Still Unmet

Posted on 01. Feb, 2010 by Nathaniel Bacon in Business & Finance, Economy, Politics

The government’s top bailout cop said Sunday that more than a year after the financial crisis hit, many of the goals of Washington’s $700 billion bank rescue program remain unmet and that policymakers still have not addressed fundamental problems that triggered the crisis, leaving the financial system vulnerable to another collapse.
In a 224-page quarterly report [...]

Drug Companies drove swine flu Pandemic

Posted on 28. Jan, 2010 by Nathaniel Bacon in Business & Finance, Europe News, Health

LONDON, ENGLAND —- DRUG COMPANIES MANIPULATED THE WORLD HEALTH ORGANIZATION into downgrading its definition of a pandemic so they could cash in on a swine flu outbreak, it was claimed. An inquiry heard yesterday that the WHO allegedly softened its criteria for declaring a H1N1 flu pandemic last spring—–just weeks before announcing there was a [...]

Ghetto Jew Workers to Get Back Pay

Posted on 27. Jan, 2010 by Shera Crossan in Business & Finance, Israel & Jewish Issues, Shera Crossan

The Essen court said that German welfare authorities are to run a backdated audit of pension claims, based on a 2009 court ruling in favor of three Holocaust survivors who had demanded a pension after being forced to work by the Nazis. At the time, the federal court had decided that Nazi victims [...]

Help Wanted: No Skills Required At All

Posted on 27. Jan, 2010 by Shera Crossan in Business & Finance, Hidden Crimes, Opinion

When it comes to hiring staff, there are plenty of legal pitfalls employers need to watch out for these days.
So recruitment agency boss Nicole Mamo was especially careful to ensure her advert for hospital workers did not offend on grounds of race, age or sexual orientation.
However, she hadn’t reckoned on discriminating against a wholly different [...]

Westerwelle backs plan to pay off the Taliban

Posted on 25. Jan, 2010 by Shera Crossan in Business & Finance, Politics, Shera Crossan, War Coverage

In a Sunday newspaper interview, German Foreign Minister Guido Westerwelle announced his support for a plan to pay Taliban militants in Afghanistan to lay down their arms.

“There are many followers of the Taliban terrorists who have gone down the wrong path due to economic reasons, not fanatical beliefs,” he said in an interview with [...]

Extremist Swede gives anti-Islam Millions

Posted on 25. Jan, 2010 by Shera Crossan in Business & Finance, Feedback, Immigration

em> thank you F.C.
In a report to air Sunday night on Germany’s public broadcaster WDR, Brinkmann says he fears Germany is becoming “too foreign” and that Sharia law will be introduced in the country.
“However, there are no, or very few, politicians who take this seriously,” Brinkmann said.   “That’s why I believe that a new right [...]

Which Race Earns Most in US?

Posted on 25. Jan, 2010 by Shera Crossan in Business & Finance, Education, Race, Shera Crossan

If you think members of the good old white boys club sit comfortably on top of the salary food chain in the US, surprise surprise! It’s Asians who earn the most, according to the numbers recently released by the Bureau of Labor Statistics. The median full time wage for an Asian man was $941 in [...]

From spas to banks, Mexico economy rides on drugs

Posted on 23. Jan, 2010 by Shera Crossan in Business & Finance, Foreign and Domestic Intelligence, Health, Shera Crossan

United States contends that the company in Zapopan is not what it seems. The U.S. Treasury put Grupo Collins on a black list in 2008, saying the firm supplies a small drug cartel in western Mexico with chemicals needed to make methamphetamines.
Grupo Collins, which has denied any connection to organized crime, is one of dozens [...]

“Do you want to get lucky with a couple of Jewish guys?”

Posted on 22. Jan, 2010 by Shera Crossan in Business & Finance, Feedback, Hidden Crimes, Israel & Jewish Issues, Politics, Shera Crossan

Daniel Katsnelson pleaded guilty to two counts of sexual assault for the Sept. 6, 2007 invasion of the Vanier Residence dormitory during “Frosh Week” The now 27-year-old sobbed in court as Crown attorney Andrew Locke read the disturbing agreed statement of facts in which the two grads prowled from floor to floor,
Katsnelson violated two [...]

Who is Left Holding the Bag on US Debt?

Posted on 20. Jan, 2010 by Nathaniel Bacon in Business & Finance, Economy

As the US government spends an unprecedented amount of money to fix the nation’s economy, there is an equally great need to raise the cash to pay for it. This is accomplished through borrowing, whereby Uncle Sam sells Treasury securities of varying maturity.
For investors, the government bills, notes and bonds are considered a safe financial [...]

New sharia row over Chancellor’s plans for ‘Islamic bonds’

Posted on 17. Jan, 2010 by Shera Crossan in Business & Finance, Economy, Feedback, Immigration

A new sharia law controversy erupted last night over Government plans to issue special “Islamic bonds” to pay for Gordon Brown’s public-spending programme by raising money from the Middle East. Britain is to become the first Western nation to issue bonds approved by Muslim clerics in line with sharia law, which bans conventional loans [...]

Wall Street to Pay Record $145B in Bonuses

Posted on 16. Jan, 2010 by Rob Belatucadros in Business & Finance, Economy, Rob Belatucadros

To be sure, the banks are on track to post a year of record revenue — $449.6 billion, according to The Journal – but critics say that’s thanks largely to the Federal Reserve’s easy money policies and other government programs designed to support the banking system after the near collapse and bailouts of 2008.
2009 “was [...]

Retail Sales fall unexpectedly, jobless claims up

Posted on 14. Jan, 2010 by Nathaniel Bacon in Business & Finance, Economy

WASHINGTON (Reuters) — U.S. CONSUMERS unexpectedly curbed their Christmas spending in December and more people filed claims for jobless benefits  last week, casting fresh doubt on the economic recovery once government support fades.
The Commerce Department said on Thursday retail sales fell 0.3 percent last month, the first decline since September, as consumers spent less on [...]

FDIC pushes to rein in executive pay at banks

Posted on 14. Jan, 2010 by Shera Crossan in Business & Finance, Economy, Foreign and Domestic Intelligence, Shera Crossan

The Federal Deposit Insurance Corp. advanced a proposal Tuesday to penalize banks for risky compensation practices despite public opposition from other federal banking agencies, exposing tensions among senior officials over the government’s proper role in shaping pay practices.
Popular outrage over Wall Street paydays has failed to generate significant momentum in Washington to limit the amounts [...]

IRS Loses in Tax Court

Posted on 12. Jan, 2010 by Rob Belatucadros in Business & Finance, Economy, Foreign and Domestic Intelligence, Israel & Jewish Issues, Politics, Rob Belatucadros, Top Stories

Few taxpayers decide to go toe to toe with the IRS as Ms. Singleton-Clarke did, arguing her case without a lawyer. For good reason: In 2009, individuals won only about 10% of about 300 such cases, according to data from Tax Analysts. Ms. Singleton-Clarke fought her case in Tax Court, a venue where taxpayers don’t [...]

Whats Hidden That The Law Allows

Posted on 04. Jan, 2010 by Shera Crossan in Business & Finance, Foreign and Domestic Intelligence, Health, Politics, Science and Technology, Shera Crossan

Of the 84,000 chemicals in commercial use in the United States — from flame retardants in furniture to household cleaners — nearly 20 percent are secret, according to the Environmental Protection Agency,
Government officials, scientists and environmental groups say that manufacturers have exploited weaknesses in the law to claim secrecy for an ever-increasing number of chemicals. [...]

Kosher Slaughterhouse Says Bye Bye Birdie

Posted on 02. Jan, 2010 by Shera Crossan in Business & Finance, Feedback, Health, Israel & Jewish Issues, Shera Crossan

A kosher chicken slaughterhouse and processing plant in New Square has sold uninspected meat since 2002 and continues to operate under unsanitary conditions, a federal complaint says.  The U.S. Attorney’s Office for the Southern District of New York is seeking a temporary restraining order and a preliminary injunction against New Square Meats for numerous violations [...]

Cap-and-trade will increase food prices

Posted on 02. Jan, 2010 by Shera Crossan in Business & Finance, Foreign and Domestic Intelligence, Politics, Shera Crossan

The cap-and-trade bill that passed the House and is still pending in the Senate will increase food prices by 4.5 percent by 2050 by encouraging landowners to re-forest 59 million acres of farmland by that time. Now the Secretary of Agriculture doesn’t want to admit that and is asking his staff to cook the numbers.
The [...]

US Strategic Petroleum Reserve Reaches Current Capacity

Posted on 01. Jan, 2010 by Shera Crossan in Business & Finance, Foreign and Domestic Intelligence, Politics, Shera Crossan

NEW YORK -(Dow Jones)- The U.S. Strategic Petroleum Reserve, as planned, has reached its current capacity, holding nearly 727 million barrels of crude oil as an emergency buffer against supply disruptions, Energy Department data show.
Federal law passed in 2005 calls for expansion of the rainy-day stockpile to one billion barrels, but the Energy Department said the Obama “administration [...]

Colorado’s minimum wage becomes 1st in US to drop

Posted on 01. Jan, 2010 by Shera Crossan in Business & Finance, Economy, Feedback, Politics

DENVER – Colorado’s minimum wage will drop slightly in the new year — the first decrease in any state’s minimum wage since the federal minimum was adopted in 1938.
Colorado’s wage is falling 3 cents an hour, from $7.28 to the federal level of $7.25. That’s because Colorado is one of 10 states that tie the [...]