tagged w/ Financial Reform
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In this video: To provide financial reform and consumer protection.
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SHAME on CNBC! --
The “reporters” at CNBC are simply industry stooges. Always have been, always will be. They have no ethical bona fides whatsoever. They “report” on the information provided to them by CEOs, which is rarely truthful, and is, instead, a glossed over account of their true dealings, shellacked in lies and misinformation. They are the enablers of a corrupt system, and it is their job to provide a smokescreen around the criminal behavior of the people and institutions who brought our country to its economic knees. But you wouldn’t know that, because the CNBC “reporters” are too busy engaging in cognitive dissonance about the health of our financial system, which is basically smoke and mirrors and sleight of hand.
http://veracitystew.com/?p=41776SHAME on CNBC! --
The “reporters” at CNBC are simply industry stooges.... more
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Very Telling -- Neil Barofsky, the former Special Inspector General for the Troubled Assets Relief Program (TARP) and monitor of all things bailout through 2011, has a new book out, entitled Bailout, oddly enough, in which he details the ins and outs of the bailout proceedings and how average Americans like you and me definitely got the short end of the stick, while the Wall Street criminals made off like bandits.
http://veracitystew.com/?p=40919Very Telling -- Neil Barofsky, the former Special Inspector General for the Troubled... more
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The Dodd-Frank Rules, so hated by the banks and by Republicans, would have saved JP Morgan from a $2 billion loss. Mr. Romney, will you now support Dodd-Frank and the Volcker Rule? Will you do all you can to protect the American economy from the reckless practices of the financial sector? Like bugs mesmerized by the light, it seems they can’t help themselves.
http://veracitystew.com/?p=35263The Dodd-Frank Rules, so hated by the banks and by Republicans, would have saved JP... more
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As one people, united, we acknowledge the reality: that the future of the human race requires the cooperation of its members; that our system must protect our rights, and upon corruption of that system, it is up to the individuals to protect their own rights, and those of their neighbors; that a democratic government derives its just power from the people, but corporations do not seek consent to extract wealth from the people and the Earth...
http://veracitystew.com/2011/10/05/occupy-wall-street-releases-first-official-statement-video/As one people, united, we acknowledge the reality: that the future of the human race... more
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Elizabeth Warren will officially launch her campaign for U.S. Senate from Massachusetts on Wednesday, challenging incumbent Republican Sen. Scott Brown.“The pressures on middle class families are worse than ever, but it is the big corporations that get their way in Washington,” Warren said in a statement. “I want to change that. I will work my heart out to earn the trust of the people of Massachusetts.”
http://veracitystew.com/2011/09/13/elizabeth-warren-officially-in-senate-race-to-unseat-scott-brown/Elizabeth Warren will officially launch her campaign for U.S. Senate from... more
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In one of the finest displays of American arrogance and chest-pounding, coupled with a stunning lack of self-awareness, Dimon has come out against the Basel III regulations, meant to strengthen the global financial system in the wake of the 2008 meltdown. The rules would require banks to hold a higher percentage of capital to guard against bad investments, which we all know they are prone to, if not the architects of.
http://veracitystew.com/2011/09/12/fat-cat-banker-calls-regulations-anti-american/In one of the finest displays of American arrogance and chest-pounding, coupled with a... more
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Federal Reserve chairman Ben Bernanke is warning of “a huge financial calamity.”
Moody’s and Standard & Poor’s are threatening to downgrade the credit rating of the U.S. economy, the world’s largest.Federal Reserve chairman Ben Bernanke is warning of “a huge financial... more
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A health check of European banks is expected to show that as many as 15 lenders need more capital to withstand a prolonged recession, with criticism growing that Europe has been too slow to repair the industry.A health check of European banks is expected to show that as many as 15 lenders need... more
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Every night — sometimes late into the night — worried men and women are talking about how to handle their debts. Those people would be your Congressmen.Every night — sometimes late into the night — worried men and women are... more
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– On Saturday, June 25, 2011, US Uncut NYC brought their pillows, sleeping bags, and pjs to Bank of America at 90-53 Sutphin Boulevard in Jamaica, Queens.– On Saturday, June 25, 2011, US Uncut NYC brought their pillows, sleeping bags,... more
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the real reason Warren has become a piñata is that, as a Harvard law professor, she dreamed up the idea of a federal agency that could help prevent consumers of financial products — like, oh, predatory subprime mortgages —the real reason Warren has become a piñata is that, as a Harvard law professor,... more
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Obama Still Desperately Seeking Anybody But Warren to Head New Consumer Agency
The Administration is playing true to its craven form. And it isn’t hiding that sorry fact terribly well either.Obama Still Desperately Seeking Anybody But Warren to Head New Consumer Agency
The... more
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I think the outline of Anthony Weiner’s cock is aesthetically attractive. It has substantial length without falling into the category of porn star scary like John Holmes. The girth is substantial, the head is perfectly formed and the shaft has a pleasing curve. II think the outline of Anthony Weiner’s cock is aesthetically attractive. It has... more
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Dr. Woody is an ardent admirer of the Reich/Krugman school of truth in economics reporting movement. They’re almost ALWAYS spot on in their analyses. The accurately locate the origins and sources of the problems they so eloquently and sensibly discuss. Their expertise is unquestionable. Years in the academy and gummint service at the highest levels–and at least one Nobel prize in economics–have honed their perceptions to such an acuteness of sensibility and accuracy of observation that it is madness to ignore them.Dr. Woody is an ardent admirer of the Reich/Krugman school of truth in economics... more
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ot a chance to meet Josh Rosner (co-author, with Times reporter Gretchen Morgenson, of the new book Reckless Endangerment) last night during an appearance on Eliot Spitzer’s In the Arenaot a chance to meet Josh Rosner (co-author, with Times reporter Gretchen Morgenson, of... more
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Apparently burnishing your resume at the Securities and Exchange Commission (SEC) is a pretty good way of launching your career in high finance.
The Project On Government Oversight’s (POGO) investigative team took a look at five years’ worth of records from the SEC and found that 219 employees left the SEC between 2006 and 2010 for jobs representing firms before the SEC.
Nothing wrong with that, right? Well, not until you start wondering if SEC regulators could be tempted to give preferential treatment to firms that might one day hire them.
POGO released a report and searchable database shows that some employees announced their intention to represent regulated clients within days of leaving the Commission.
http://pogoblog.typepad.com/pogo/2011/05/the-revolving-regulators-new-pogo-report-and-searchable-database-highlights-ethics-challenges-for-se.htmlApparently burnishing your resume at the Securities and Exchange Commission (SEC) is a... more
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Topics included the wisdom of direct action, the immoral bailout of the financial industry, and the concept of “tax-avoidance,” which allows corporations like Bank of America, GE, Verizon, BP and others to contribute $0.00 dollars to the upkeep of the United States.Topics included the wisdom of direct action, the immoral bailout of the financial... more
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These are remarks Chris Hedges made in Union Square in New York City last Friday during a protest outside a branch office of the Bank of America.These are remarks Chris Hedges made in Union Square in New York City last Friday... more
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