Saturday, December 29, 2012
Friday, December 28, 2012
Angelo Mozilo, Former Countrywide CEO, Claims He Doesn't Know What 'Verified Income' Is
From America's #1 Financial Crimes Investigator/Reporter, Matt Taibbi:
"Charged with mass fraud and headed for trial in October of 2010, Mozilo and the SEC ultimately settled four days before opening arguments were set to begin in Los Angeles. Ultimately, Mozilo got away with no jail time, paying a $67.5 million settlement, $20 million of which was covered by Countrywide, which by then had been acquired by Bank of America, a major bailout recipient. Just in the years between 2000 and 2008, Mozilo made over half a billion dollars – $521.5 million, according to one corporate research firm."
http://www.rollingstone.com/politics/blogs/taibblog/angelo-mozilo-former-countrywide-ceo-claims-he-doesnt-know-what-verified-income-is-20121228?utm_source=dailynewsletter&utm_medium=email&utm_campaign=newsletter
"Here's a guy who wrecked more lives than anyone else in America in the mortgage crisis, got to keep virtually all of his ill-gotten gains, didn't do a day in jail, and then, when sued, testifies that he doesn't remember anything. And that will probably turn out to be an effective strategy for him. Amazing stuff."
Please note: Taibbi is revealing crimes that benefited....Democrats.
"Charged with mass fraud and headed for trial in October of 2010, Mozilo and the SEC ultimately settled four days before opening arguments were set to begin in Los Angeles. Ultimately, Mozilo got away with no jail time, paying a $67.5 million settlement, $20 million of which was covered by Countrywide, which by then had been acquired by Bank of America, a major bailout recipient. Just in the years between 2000 and 2008, Mozilo made over half a billion dollars – $521.5 million, according to one corporate research firm."
http://www.rollingstone.com/politics/blogs/taibblog/angelo-mozilo-former-countrywide-ceo-claims-he-doesnt-know-what-verified-income-is-20121228?utm_source=dailynewsletter&utm_medium=email&utm_campaign=newsletter
"Here's a guy who wrecked more lives than anyone else in America in the mortgage crisis, got to keep virtually all of his ill-gotten gains, didn't do a day in jail, and then, when sued, testifies that he doesn't remember anything. And that will probably turn out to be an effective strategy for him. Amazing stuff."
Please note: Taibbi is revealing crimes that benefited....Democrats.
Wednesday, December 19, 2012
Do Armed Civilians Stop Mass Shooters? Actually, No.
"As I reported recently in our in-depth investigation, not one of the 62 mass shootings in the United States over the last 30 years has been stopped this way. More broadly, attempts by armed civilians to intervene in shooting rampages are rare—and are successful even more rarely. (Two people who tried it in recent years were gravely wounded or killed.) And law enforcement overwhelmingly hates the idea."
"Those pesky facts haven't stopped the "arm America more!" crowd from pressing the argument with alleged examples of successful armed interventions. The problem is, the few examples they keep using—in which they depict plain old folks acting heroically and with definitive results—fall apart under scrutiny. Here are five of them and why they don't work:"
http://www.motherjones.com/politics/2012/12/armed-civilians-do-not-stop-mass-shootings
"Those pesky facts haven't stopped the "arm America more!" crowd from pressing the argument with alleged examples of successful armed interventions. The problem is, the few examples they keep using—in which they depict plain old folks acting heroically and with definitive results—fall apart under scrutiny. Here are five of them and why they don't work:"
http://www.motherjones.com/politics/2012/12/armed-civilians-do-not-stop-mass-shootings
Saturday, December 15, 2012
Corporate Media Favorites Fall Out of Favor
Thomas Mann and Norman Ornstein ..... "Cautious, middle-of-the-road, think-tank conservatives, they were popular on the insider talk-show circuit as reliable voices of conventional thinking. Until they went rogue."
"In assessing the 2012 election, Mann and Ornstein have charged that the elite media deliberately failed to cover the biggest story of all — namely that the Republican Party and its nominees were flagrantly running a campaign of lies." .. "It's the great unreported big story of American politics," said Ornstein.
http://www.commondreams.org/view/2012/12/12-0
"In assessing the 2012 election, Mann and Ornstein have charged that the elite media deliberately failed to cover the biggest story of all — namely that the Republican Party and its nominees were flagrantly running a campaign of lies." .. "It's the great unreported big story of American politics," said Ornstein.
http://www.commondreams.org/view/2012/12/12-0
Robots and Robber Barons
Paul Krugman: "I don’t know how much of the devaluation of labor either technology or monopoly explains, in part because there has been so little discussion of what’s going on. I think it’s fair to say that the shift of income from labor to capital has not yet made it into our national discourse."
http://www.commondreams.org/view/2012/12/10-1
http://www.commondreams.org/view/2012/12/10-1
The Memo That Started a Corporate Heist of Our Government
New documentary 'Heist' explains how the American Dream was stolen in broad daylight. ..........
'Heist' is a comprehensive dissection of the evolution of corporate control over the federal government. http://www.alternet.org/corporate-accountability-and-workplace/thom-hartmann-memo-started-corporate-heist-our-government?page=0%2C3&akid=9802.153143.-Wqd6c&rd=1&src=newsletter761066&t=20&paging=off "If something isn't done to reign these people in, get ready for a real national and international disaster, most likely followed by a world war."
'Heist' is a comprehensive dissection of the evolution of corporate control over the federal government. http://www.alternet.org/corporate-accountability-and-workplace/thom-hartmann-memo-started-corporate-heist-our-government?page=0%2C3&akid=9802.153143.-Wqd6c&rd=1&src=newsletter761066&t=20&paging=off "If something isn't done to reign these people in, get ready for a real national and international disaster, most likely followed by a world war."
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