Monthly Archives: December 2010

Congressman Miller Joins Economists and Financial Experts In Demanding a Stop to Mortgage Servicer Fraud — a Significant Cause of Foreclosures

As Yves Smith notes: As we have written, and as experts and foreclosure defense lawyers have reported in Congressional testimony, and as pending lawsuits by attorneys general in Arizona and Nevada allege, servicer abuses are a significant cause of foreclosures. … Continue reading

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The Oil BP Tried To Hide Has Been Discovered, In Thick Layers On the Sea Floor Over An Area of Several Thousand Square Miles

BP and the government famously declared that most of the oil had disappeared. But as I’ve noted, as much as 98% of the oil is still in the ocean. I have repeatedly pointed out that BP and the government applied … Continue reading

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Assange Confirms that Bank of America Is the Target of Bank Leak

There has been widespread speculation that WikiLeaks would target Bank of America. This has now been confirmed. Specifically, Agence Press France is reporting: Assange also confirmed that WikiLeaks was holding a vast amount of material about Bank of America which … Continue reading

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Both Liberals and Conservatives Hate Corporate Socialism (Where the Federal Government Favors Giant Corporations at the Expense of the Little Guy)

President Obama has “compromised” on everything from financial regulation and healthcare to taxes. Obama claims that all of his “compromising” shows that he’s getting things done. After all, politics was long ago defined as “the art of compromise”. On it’s … Continue reading

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Call the FCC TODAY (1-888-CALL FCC) … To Defeat Tomorrow, Tuesday, December 21st’s Vote to Destroy Net Neutrality

The FCC will vote tomorrow morning between 10:30 and 12:30 Eastern time on a proposed rule written by FCC Chairman Julius Genachowski which would gut the Internet. It would allow the big carriers to create different tiers of mobile Web … Continue reading

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