Tag Archives: White Shoe Boys

Green Party Presidential Candidate Jill Stein Arrested Before Debate

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“Green Party presidential candidate Jill Stein was arrested outside of Hofstra University on Tuesday after attempting to enter debate grounds.  According to Stein’s campaign press statement, Stein and running mate Cheri Honkala joined supporters outside the Hofstra campus at 2pm, where Stein declared, ‘We are here to bring the courage of those excluded from our politics to this mock debate, this mockery of democracy.’ When they started to walk onto the debate grounds, they were stopped by police officers, and then the two women sat down on the ground.  Stein was arrested and as of early Tuesday evening was still in jail, charged with disorderly conduct.”

http://www.huffingtonpost.com/2012/10/16/hofstra-debate-jill-stein-arrested-green-party_n_1971960.html?utm_hp_ref=elections-2012

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Goldman Sachs Revenue More Than Doubles

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“Being a crony capitalist bankster organization pays. Lose money? Get the Federal Reserve to print up $$$$ to bail you out. Make money? Divide it amongst the banksters.  Goldman Sachs reported earnings of $1.5 billion, or $2.85 per share, compared with a loss of $428 million, or 84 cents per share, a year earlier. Net revenue rose 133 percent to $8.35 billion from $3.6 billion. Goldman also raised its quarterly dividend to 50 cents per share from 46 cents per share.”

http://www.economicpolicyjournal.com/2012/10/goldman-sachs-revenue-more-than-doubles.html

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Mitt Romney: The Great Deformer – David Stockman

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“Having a trader’s facility for knowing when to hold ’em and when to fold ’em has virtually nothing to do with rectifying the massive fiscal hemorrhage and debt-burdened private economy before the American electorate. Indeed, the next president’s overriding task is restoring national solvency—an undertaking that will involve immense societywide pain, sacrifice, and denial and that will therefore require “fairness” as a defining principle. And that’s why heralding Romney’s record at Bain is so completely perverse. The record is actually all about the utter unfairness of windfall riches obtained under our anti-free market regime of bubble finance.”

http://www.thedailybeast.com/newsweek/2012/10/14/david-stockman-mitt-romney-and-the-bain-drain.html

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$1.3 billion flowing through 2012 presidential race

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“Barack Obama may not like asking for money, but the hundreds of people willing to pay upwards of $40,000 a pop to attend star-studded fundraisers in his honor show there are plenty willing to reach deep into their pockets on his behalf.  Since May, the president has gone to 69 fundraisers, each with ticket prices topping tens of thousands of dollars. His opponent, Republican Mitt Romney, has held 105 of the donor events, in a frenzied race for money that has already pushed this year’s presidential campaign coffers past $1.3 billion.”

http://www.rawstory.com/rs/2012/10/14/1-3-billion-flowing-through-2012-presidential-race/

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Romney rakes in $170 million for September; Obama $181 million

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“Republican Mitt Romney raised more than $170 million in September, aides said Monday — a record for his campaign but shy of President Barack Obama’s $181 million haul for the same period.  With the latest fundraising figures, the Romney campaign and the Republican National Committee (RNC) plus state party participants now have more than $191 million cash on hand just 22 days before the general election.”

http://www.rawstory.com/rs/2012/10/15/romney-rakes-in-170-million-for-september/

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Analyzing Jamie Dimon’s Bear Stearns “Favor” to the Fed

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“The $108 million BlackRock contract to trade Maiden Lane was large enough that, had it been designated sole source, it would have to have been approved by the New York Fed’s board of directors…which includes Mr. Jamie Dimon.   Wouldn’t it have been embarrassing to have to disclose that Mr. Dimon voted to approve a dubious no-bid contract to BlackRock to trade the very portfolio of Bear Stearns assets that his firm, JP Morgan, was first in line to absorb any losses?   Better for the New York Fed to throw away the file and lie to the GAO (allegedly).”

http://www.economicpolicyjournal.com/2012/10/analyzing-jamie-dimons-bear-stearns.html

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Regulators Play the Role of Police, Judge and Executioner: Witness Liberty Silver Corp.

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“How can any person with even a basic understanding of the principle of “innocent until proven guilty’ endorse this kind of execution? No warrants. No court appearance. Nada! With a simple phone call an entire company and its shareholders lose all. Just like that.  Does that sound like justice or, perhaps, more like a totalitarian system? The SEC says it has to act fast to protect NEW investors from being harmed. This haste overwhelms every other consideration. Of course, the SEC was not so hasty with Bernie Madoff, who ran a series of misidentified (and empty) funds under their collective noses for 20 years.”

http://www.thedailybell.com/28143/Anthony-Wile-Too-Often-Regulators-Play-the-Role-of-Police-Judge-and-Executioner-Witness-Liberty-Silver-Corp

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Geithner Phone Pal Revealed: Larry Fink

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“US Treasury Secretary Tim Geithner spoke with BlackRock’s Larry Fink on 49 separate occasions, or about once every 11 days, during an 18-month period, reports FT.  Be sure to read the Bob English post late yesterday which discusses the New York Fed-created special purpose vehicle, Maiden Lane and the awarding of a no bid sole source contract to manage Maiden Lane assets which was awarded to BlackRock.”

http://www.economicpolicyjournal.com/2012/10/geithner-phone-pal-revealed-larry-fink.html

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Al Gore has thrived as green-tech investor

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“Just before leaving public office in 2001, Gore reported assets of less than $2 million; today, his wealth is estimated at $100 million.  Gore charted this path by returning to his longtime passion — clean energy. He benefited from a powerful resume and a constellation of friends in the investment world and in Washington. And four years ago, his portfolio aligned smoothly with the agenda of an incoming administration and its plan to spend billions in stimulus funds on alternative energy.  The recovering politician was pushing the right cause at the perfect time.”

http://www.washingtonpost.com/politics/decision2012/al-gore-has-thrived-as-green-tech-investor/2012/10/10/1dfaa5b0-0b11-11e2-bd1a-b868e65d57eb_print.html

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Greek central banker’s big pay-off

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http://s1.reutersmedia.net/resources/r/?m=02&d=20121011&t=2&i=662310324&w=&fh=&fw=&ll=700&pl=300&r=CBRE89A0ZGD00

“The governor of the Bank of Greece was given a severance payment of 3.4 million euros when he left his former employer, a major bank that he now regulates, documents seen by Reuters show.  George Provopoulos was awarded the sum when he stepped down as vice-chairman of Piraeus Bank to become governor of Greece’s central bank and a member of the board of the European Central Bank in 2008.”

http://www.reuters.com/article/2012/10/11/us-greece-bog-provopoulos-idUSBRE89A0OD20121011

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