Hank Paulson

Goldman Sachs; More Distraction

Goldman Sachs; More Distraction

I woke up this morning to the news that the SEC is charging Goldman Sachs with fraud.  Whoopeedoodle.  In October of 2008, I wrote a piece based on a WSJ article about the FBI opening preliminary investigations into 26 banks.  Anybody heard a peep about it since? The last article I saw was the investigation of BofA over Merrill Lynch in September, 2009. The average American may think this is great news if they were really paying attention and had all the facts.  An SEC charge against Goldman Sachs is more deflect and distract. TurboTax Timmie (and some say Hank…
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Ben Bernanke; The Economic Collapse Poses A Threat To Economic Recovery

Ben is such a genius. I wish I was as smart as Ben... (all emphasis from this point on, mine.) Bernanke Says Joblessness, Foreclosures Pose Hurdles (Update2) April 7 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke said joblessness, home foreclosures and weak lending to small businesses pose challenges to the economy as it recovers from the worst recession since the 1930s. “We are far from being out of the woods,” Bernanke said today in a speech in Dallas. While the financial crisis has abated and economic growth will probably reduce unemployment over the next year, the U.S. faces hurdles…
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Barney Frank Contacted Hank Paulson About OneUnited Bank

All one ever has to do is follow the money with politicians to find the cover-up.  Judicial Watch has the newest ethics 'problem' story. Explosive Treasury Emails Put Barney Frank in the Ethics Hot Seat When Barney Frank was asked about intervening on behalf of a home state bank for Troubled Assets Relief Program (TARP) funds, the Massachusetts Democrat admitted he spoke to a “federal regulator” but according to the Wall Street Journal, “he didn’t remember which federal regulator he spoke with.” According to explosive new Treasury Department emails uncovered by Judicial Watch, it appears this nameless bureaucrat is none…
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How The FDIC Raped The American Taxpayer (UPDATED)

(Editor's Note: The Video that was here previously has been removed by the user that published it on YouTube. Sorry Folks.) WARNING: Put down all liquids, wrap your head with duct tape, and get your barf bucket close. Watching this video is beyond disturbing because of the explanation of what happened to IndyMac and their mortgages.  The financial rape we (and our children) are currently enduring comes very close to the treasonous policy that allows our intelligence services to assassinate Americans they suspect of terrorism without due process. Watch the entire video because it will explain in detail the money…
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