Keyword: 2008

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  • PAULSON'S RIPPED $700B BAILOUT CALLED 'MASTERFUL DECEIT'

    07/17/2009 5:12:13 AM PDT · by Liz · 75 replies · 2,117+ views
    NY POST ^ | 7/17/09 | PAUL THARP
    .......almost every lawmaker blasted Former Treasury Secy Hank Paulson's $700B bailout as a deception and ultimate bait-and-switch ruse. "It was masterful deceit," said Rep. Marcy Kaptur (D-Ohio), hammering Paulson for his initial pleas to Congress a year ago to buy toxic assets.....that went to prop up banks and financial firms......Paulson's payoff to his Wall Street "pals," said one lawmaker. "You misled Congress," said Rep Stephen Lynch (D-Mass). Paulson, he said, concealed his ultimate motive....to give $700B to his pals.'" "You asked us, and not very tactfully, for a blank check," said Rep Mark Souder (R-Ind). ".......if we had known you...
  • Ross Kaminsky: Paulson's Ever-Changing Bailout

    11/22/2008 8:40:39 AM PST · by 2ndDivisionVet · 8 replies · 452+ views
    Human Events ^ | November 19, 2008 | Ross Kaminsky
    Watching Treasury Secretary Hank Paulson’s erratic behavior administering the federal “Troubled Asset Relief Program” (TARP) is a dizzying, if not sickening, proposition for consumers, taxpayers, and investors alike. -- In a press conference last Wednesday, Hank Paulson announced a change in the TARP, saying that the plan would now center around capital injections into banks rather than the purchase of distressed assets (bad mortgages or securities which the market is pricing below a “fair” value), which was the fundamental purpose of the TARP at its creation. -- On October 27, White House Spokesman Dana Perino said, “It's possible that some...
  • What the Heck Happened?

    12/21/2008 11:59:21 PM PST · by neverdem · 108 replies · 3,523+ views
    American Thinker ^ | December 22, 2008 | Randall Hoven
    It was springtime in the US.  The most recent unemployment number was 5.0%, a slight tic down from the previous month and in line with the previous 12-month, fairly low, average of 4.8%.  We were in a quarter of positive real economic growth, a 2.8% annual rate, following a previous quarter of positive growth.  On May 19, the S&P 500 hit 1427, the highest point since January 3 and essentially where it ended the previous year. On the foreign front, the surge in Iraq was clearly bearing fruit.  The number of US military deaths in Iraq in May was the...
  • The Race to Save Lehman Brothers ("Too Big to Fail")

    10/21/2009 12:31:38 AM PDT · by CutePuppy · 3 replies · 566+ views
    CNBC / NYTimes ^ | October 20, 2009 | Andrew Ross Sorkin
    In the summer of 2008, two months before Lehman Brothers filed for bankruptcy, Richard S. Fuld Jr., the firm's chairman, was continuing his desperate efforts to find a lifeline. They had begun in March, shortly after the demise of Bear Stearns, when Mr. Fuld called the legendary investor Warren E. Buffett seeking a capital infusion, to no avail. Lehman had raised money elsewhere, but that didn't help for long, and its condition again was worsening.Adapted from "Too Big to Fail: How Wall Street and Washington Fought to Save the Financial System — And Themselves." The book, being published Tuesday by...
  • Hank Paulson Tipped Off The Goldman-Led "Plunge Protection Team" About Fannie Bankruptcy

    11/29/2011 9:55:23 AM PST · by SeekAndFind · 10 replies
    Zero Hedge ^ | 11/29/2011 | Tyler Durden
    Hank Paulson Tipped Off The Goldman-Led "Plunge Protection Team" About Fannie Bankruptcy 7 Weeks In Advance Today, BusinessWeek's Michael Serrill and Jonathan Neumann have released a blockbuster report based on a FOIA response by the Treasury, which proves that in America rules are only for little people, that this country has been a banana republic for years, that Animal Farm was spot on, and gives excruciating detail of how Hank Paulson tipped off a select group of Goldman diaspora hedge fund managers about the eventual failure of Fannie and Freddie 7 weeks ahead of this information becoming public knowledge. The...
  • AIG Bailout Trial Bombshell III: Paulson Lied to Congress About TARP

    10/21/2014 7:01:47 PM PDT · by Lorianne · 39 replies
    Naked Capitalism ^ | 17 October 2014 | Yves Smith
    I’ve gone through only the first day of testimony from the AIG bailout trial, and we are already up to our third bombshell. The first witness called by the plaintiff, Starr International (an investment vehicle controlled by Hank Greenberg), was Scott Alvarez, general counsel for the Federal Reserve Board of Governors. Part of the testimony covered a discussion that took place late in the evening of September 15, the day Lehman declared bankruptcy in the wee hours of the morning. The topic was AIG. The participants included Alvarez, Timothy Geithner, Fed governors Don Kohn and Kevin Warsh, Ken Wilson, a...
  • ICE agents seek information on bogus law enforcement badges

    03/05/2009 1:08:47 AM PST · by Cindy · 8 replies · 824+ views
    ICE.GOV - News Release ^ | February 27, 2009 | n/a
    Note: The following text is a quote: http://www.ice.gov/pi/nr/0902/090227la.htm ICE agents seek information on bogus law enforcement badges LOS ANGELES - Special agents with U.S. Immigration and Customs Enforcement (ICE) are seeking information from people who may have received in the mail what appear to be, genuine law enforcement badges and credentials, from a group calling themselves the "International Police Commission (IPC)." These fraudulent police credentials and badges imply that those who use them are police officers with United Nations and Interpol authorities, according to ICE investigators. The fake items, manufactured in the Philippines, have been mailed out to targeted individuals...
  • Clinton BlackBerry photo led to State official’s query about email account

    06/10/2016 4:14:55 AM PDT · by simpson96 · 15 replies
    Politico ^ | 6/9/2016 | Josh Gerstein
    An iconic photograph of then-Secretary of State Hillary Clinton using her BlackBerry while wearing sunglasses on a military plane in 2011 prompted a recordkeeping official in her office to inquire about whether Clinton had been assigned a State.gov email address, the State Department disclosed this week.Clarence Finney, who oversaw an office responsible for Freedom of Information Act searches, raised the question about an official account after seeing the photo in the media, according to testimony at a deposition held Wednesday and released Thursday. The image went viral on social media in 2012, prompting a "Texts from Hillary" meme."When Mrs. Clinton's...
  • [ From October 8, 2013] Is This How IRS Cover-up Works? (Old Story Now Makes Sense)

    05/29/2017 4:30:21 PM PDT · by tired&retired · 25 replies
    National Review ^ | October 18, 2013 | John Fund
    Darrell Issa, the chairman of the House Oversight and Government Reform Committee, says he is confident the story behind the IRS’s targeting of tea-party and conservative groups applying for tax-exempt status will eventually come out. But patience will have to be a virtue. Issa’s staff acknowledged late last month that the IRS had handed over to the committee a little more than 10 percent of the documents the IRS itself has admitted are relevant to the committee’s investigation. Issa mentioned the case of “Susanne,” a lawyer whom he said had worked for Democrats on the House Oversight Committee until 2008....
  • IA Whistleblower Leaked Proof Trump Under "Systematic Illegal" Surveillance Over Two Years Ago

    03/23/2017 10:53:50 AM PDT · by Cats Pajamas · 44 replies
    zerohedge.com ^ | 3-22-2017 | zeropointnow
    Montgomery left the NSA and CIA with 47 hard drives and over 600 million pages of information, much of which is classified, and sought to come forward legally as a whistleblower to appropriate government entities, including congressional intelligence committees, to expose that the spy agencies were engaged for years in systematic illegal surveillance on prominent Americans, including the chief justice of the Supreme Court, other justices, 156 judges, prominent businessmen such as Donald Trump, and even yours truly. Working side by side with Obama's former Director of National Intelligence (DIA), James Clapper, and Obama's former Director of the CIA, John...
  • Failure to Report

    03/21/2014 4:50:10 PM PDT · by Kaslin · 5 replies
    The Washington Free Beacon ^ | March 21, 2014 | Bill Gertz
    House leaders seek GAO probe of State Department failure to report Russian nuclear missile treaty violationsTwo senior House leaders on Friday requested an investigation by Congress’ General Accountability Office (GAO) into the State Department’s failure to report Russian violations of a 1987 nuclear missile accord.“It is clear from my subcommittee’s oversight that the administration did not fully disclose what it knew about Russian arms control violations when it was trying to get the New START treaty ratified,” said Rep. Mike Rogers (R., Ala.), chairman of the House Armed Services subcommittee on strategic forces.“Its all-consuming drive to protect its Russia reset...
  • Latest Big Lie: We Have No Strategy

    08/29/2014 12:55:02 PM PDT · by Rummyfan · 23 replies
    PJ Media ^ | 29 Aug 2014 | Michael Ledeen
    They DO have a strategy, but they prefer to appear indecisive. That’s because the strategy would likely provoke even greater criticism than the false confession of endless dithering. The actual strategy is detente first, and then a full alliance with Iran throughout the Middle East and North Africa. It has been on display since before the beginning of the Obama administration. During his first presidential campaign in 2008, Mr. Obama used a secret back channel to Tehran to assure the mullahs that he was a friend of the Islamic Republic, and that they would be very happy with his policies....
  • Obama Donor Heads Organization that Freed Terrorist Accused of Plotting Attack in Benghazi

    09/21/2012 8:01:50 AM PDT · by rustyweiss74 · 25 replies
    Mental Recession ^ | 09/20/2012
    There are reports tonight that a radical left-wing organization is responsible for helping to free a former detainee at Guantanamo Bay named Abu Sufian bin Qumu. Bin Qumu has been cited by multiple sources at Fox News as at least being involved with, and possibly playing the lead role in the attacks on the U.S. consulate in Benghazi, Libya. Those attacks resulted in the deaths of U.S. Ambassador Chris Stevens and three other American diplomats. Michelle Malkin has revealed that the Center for Constitutional Rights represented Qumu and helped lead the charge in freeing him back in 2007. President Emeritus...
  • The FBI, Hillary and the Alavi Foundation (Iran)

    07/17/2015 5:21:52 PM PDT · by Freedom of Speech Wins · 5 replies
    Founderscode.com ^ | 3-26-15 | Denise Simon
    The FBI, Hillary and the Alavi Foundation (Iran) Posted on March 26, 2015 | Comments Off on The FBI, Hillary and the Alavi Foundation (Iran) It was a secret: The Alavi Foundation says its purpose is “promoting the teaching of Islamic culture, Persian language, literature and civilization.” The Alavi Foundation’s site, a 36-story midtown Manhattan skyscraper originally built in the 1970s by the Pahlavi Foundation, an entity of the Shah-led government of Iran. After the Shah was overthrown in 1979, the new Iranian regime took it over and renamed it. Lev L. Dassin, the Acting United States Attorney for the...
  • Revealed: The Obama FBI’s Illicit Partnership with CAIR

    09/20/2013 5:27:44 AM PDT · by SJackson · 14 replies
    FrontPage Magazine ^ | September 20, 2013 | Matthew Vadum
    - FrontPage Magazine - http://frontpagemag.com - Revealed: The Obama FBI’s Illicit Partnership with CAIRPosted By Matthew Vadum On September 20, 2013 @ 12:39 am In Daily Mailer,FrontPage | 2 Comments A government watchdog’s new report takes the FBI to task for violating its own policies by continuing to work with the Muslim Brotherhood’s front group in the United States, the Council on American-Islamic Relations (CAIR).The report came as CAIR issued a new report denouncing the so-called “Islamophobia” of the Fox News Channel, Rush Limbaugh, Mark Levin, David the Horowitz Freedom Center, and others who dare to engage in an honest discussion...
  • Democrats find accord on war bill

    03/26/2007 10:01:37 PM PDT · by Anti-Bubba182 · 4 replies · 307+ views
    Washington Post ^ | Mar. 23, 2007 | Jonathan Weisman
    "..To many in the anti-Iraq war movement, the liberal opposition to the bill was as maddening as it was mystifying. ?You really have two options here: One is that you can vote for a change of course here and say we?re going to find a way out of Iraq, or, two, you can vote against it and hand George Bush a victory,? said Jon Soltz, an Iraq war veteran and co-founder of the anti-Iraq war VoteVets.org . ?It doesn?t make sense to me. George Bush got us into the war. They have challenged him on everything. Why would they give...
  • Chelsea Clinton’s dig at Kellyanne Conway sparks Twitter feud

    02/03/2017 4:57:24 PM PST · by simpson96 · 53 replies
    New York Post ^ | 2/3/2017 | Rob Fredericks
    <p>Chelsea Clinton and Kellyanne Conway traded sharp Twitter jabs Friday — with the former first daughter mocking President Trump’s counselor for inventing a terror attack and the White House aide firing back about how the Clintons “lost the election.”</p> <p>“Very grateful no one seriously hurt in the Louvre attack … or the (completely fake) Bowling Green Massacre. Please don’t make up attacks,” Clinton tweeted Friday morning, the day after Conway appeared on MSNBC to defend Trump’s immigration order.</p>
  • Former Muslim police sgt who tipped off Al Qaeda associate in FBI investigation.

    06/14/2016 4:27:43 PM PDT · by AC Beach Patrol · 33 replies
    FrontpageMag ^ | 03/06/2014 | Daniel Greenfield
    Mohammed Weiss Rasool was an Afghani who immigrated to the United States and got a job as a police officer. And then he did what you would expect him to do. Weiss Russell (he has changed his name from “Weiss Rasool,” the name under which he was convicted), is currently employed as a Financial Management Analyst in the IRS Deputy Chief Financial Officer’s office. In 2008, Russell/Rasool was prosecuted for his role in tipping off Abdullah Alnoshan, a close associate of al-Qaeda cleric Anwar al-Awlaki and a friend of Russell’s from their mosque. According to the Justice Department’s Statement of...
  • D.C. National Guard Chief Fired Days Before Trump Inauguration: "The Timing Is Extremely Unusual"

    01/13/2017 1:57:31 PM PST · by blam · 48 replies
    Zero Hedge ^ | 1-13-2017 | Tyler Durden
    Tyler DurdenJanuary 13, 2017"It doesn’t make sense to can the general in the middle of an active deployment," rages D.C. Council Chairman Phil Mendelson (D) after Maj. Gen. Errol R. Schwartz, who heads the D.C. National Guard and is an integral part of overseeing the inauguration, has been ordered removed from command effective Jan. 20, 12:01 p.m., just as Donald Trump is sworn in as president. As The Washington Post reports, Maj. Gen. Errol R. Schwartz’s departure will come in the midst of the presidential ceremony, classified as a national special security event — and while thousands of his troops...
  • Congress Probes FBI Over Top Obama National Security Advisor’s Security Clearance

    01/05/2017 6:03:55 PM PST · by ColdOne · 13 replies
    freebeacon.com ^ | 1/5/17 | Adam Kredo
    A top White House national security adviser and key proponent of the Obama administration’s diplomacy with Iran is the focus of a congressional inquiry following disclosures the FBI may have denied him top-level security clearances, according to communications exclusively obtained by the Washington Free Beacon. Ben Rhodes, a White House deputy national security adviser who led the administration’s efforts to mislead Congress about the terms of the Iran nuclear agreement, is under scrutiny in the wake of disclosures he was declined interim clearance status by the FBI in 2008, when the administration was moving into the White House. Since that...