Posted on April 17, 2009 by jasegraves
Financial news is getting more bizarre by the day. Take today’s new for example.
Citibank’s stock price soared over news that it didn’t lose as much money Wall Street expected it to. The quarterly loss was only $966 million and revenue doubled to $24.79 billion.
Is the $45 billion we gave them since October counted in this?
I [...]
Filed under: Chicago, Geithner, Obama, banks, campaign finance, congress, credit cards, economy, election, election reform, ethics, fraud, lobbyist, news, recovery, spin, stimulus, taxes | Tagged: fraud, bailout, treasury, Board of Trade, citibank, Cuomo, Madigan, atttorney general, mercantile exchange, the merc, BoT, futures, gm, ford, wall street, chrysler | 3 Comments »
Posted on April 9, 2009 by jasegraves
The Democratic Republic of Congo, faced with a fiscal crisis, is now forcing their leaders to pay taxes. Reuters reports
Amid a growing budget shortfall, the government is under pressure to cut costs and boost tax revenues.
Budget Minister Michel Lokola told Reuters that last month’s decision to tax government salaries at source, rather than rely on [...]
Filed under: Geithner, Obama, banks, congress, economy, election reform, ethics, lobbyist, news, recovery, spin, stimulus, taxes | Tagged: Obama, election, free trade, Barack, economy, recession, JP Morgan, Goldman Sachs, Lehman Brothers, solutions, United States, bankruptcy, congress, federal reserve, seize assets, bailout, change, Geithner, treasury, tax cheats | Leave a Comment »
Posted on March 30, 2009 by jasegraves
The Latin American Herald Tribune quotes Clinton as saying,
“Our insatiable demand for illegal drugs fuels the drug trade,” Clinton told reporters earlier en route to Mexico. “Our inability to prevent weapons from being illegally smuggled across the border to arm these criminals causes the deaths of police officers, soldiers and civilians.”
She vowed that we would [...]
Filed under: Clinton, drugs, economy, foreign policy | Tagged: bankruptcy, cartels, Clinton, Columbia, drugs, economy, meth, Mexico, Obama, seize assets, solutions, treasury, United States | Leave a Comment »
Posted on March 27, 2009 by jasegraves
Yes, the darlings of Winnetka have done it again. a mere two blocks from New Trier High School, the training ground for the future CEO’s of America, an enterprising 21 year old, Mark Elliot Mansheim, was arrested Wednesday and charged with “production of marijuana plants, marijuana possession and manufacture of marijuana, all felonies,” according to [...]
Filed under: Mexican drug cartels, North Shore, drugs, green technology, news | Tagged: 1101 Fisher Lane, 384 Hawthorn Lane, drugs, Fapka, Liberis, Mansheim, marijuana, New Trier, North Shore, RICO Act, seize assets, tax cheats, treasury, Winnetka | 53 Comments »
Posted on March 11, 2009 by jasegraves
Reuters led the story of yesterday’s stock market rally with the following:
Stocks rose on Wednesday, with the benchmark S&P 500 index attempting the first two-day advance in a month, as investors held out hope that Washington would restore confidence in banks by relieving them of money-losing assets.
This is a rather disingenuous conclusion to derive from [...]
Filed under: Geithner, Obama, banks, congress, credit cards, economy, ethics, news, recovery, spin, stimulus | Tagged: bailout, bankruptcy, congress, depression, economy, federal reserve, Geithner, Goldman Sachs, JP Morgan, Lehman Brothers, Obama, recession, solutions, treasury, United States | Leave a Comment »
