- Obama Goes All Out For Dirty Banker Deal--They "put their heads together, and cooked up a deal that would allow the banks to walk away with just a seriously discounted fine from a generation of fraud that led to millions of people losing their homes."
- The Destructive Power of the Financial Markets--Speculators are betting against the euro, banks are taking incalculable risks and the markets are in turmoil. Three years after the Lehman Brothers bankruptcy, the financial industry has become a threat to the global economy again. Governments missed the chance to regulate the industry, and another crash is just a matter of time.
- NY Attorney General Booted from Mortgage Company Settlement Task Force--He was adamant in opposing any deal that favored the banks (NYT).
- Daily Kos: Why is The Obama Administration Pressuring NY Atty General to Cover Up Financial Crimes?
- S.E.C. Illegally Destroyed Documents, Whistle-Blower Alleges--Anyone shocked that they're defending this? NYT
- America Is In Decline Because Of The Institutionalization Of Stupidity
- 11 Bizarrely Wrong Beliefs Americans Have About Themselves
- Don’t know much about history--"Not even a quarter of American students is proficient in US history, and the percentage declines as students grow older."
- 5 Satirists Attacked by People Who Totally Missed the Point--Plus 4 More Satirists Attacked By People Who Missed The Point
- American Students Not Proficient In History The Onion
- Too many Americans ignorant about their use of government programs
- 75 Ways Socialism has Improved, Saved, and Shaped America
- Bill Maher Outs America And Exposes Our Secret Love of Socialism
- Lactate Intolerance: Fox News' Megyn Kelly returns from maternity leave with a more liberal perspective on mandated benefits and entitlement programs.
- Americans Love Socialism: Bernie Sanders Is The 3rd Most Popular US Senator
- Don’t look down: The poor like taxing the rich less than you would think--"In keeping with the notion of 'last-place aversion', the people who were a spot away from the bottom were the most likely to give the money to the person above them: rewarding the 'rich' but ensuring that someone remained poorer than themselves."
- Land of the Free, Home of the Poor--"And if we were to compare us with African countries, dictators in different places, you know, taking a lot of the wealth from normal people, we would be among the top half of the African countries of inequality. So, the U.S. really has reached an extraordinary level of income inequality."
- Republicans To Oppose Tax Cut For Working People--Silly plebes, tax cuts are for rich people (Salon).
- The Daily Show: World of Class Warfare--Warren Buffett vs. Wealthy Conservatives and The Poor's Free Ride Is Over
- A hot air balloon fight in the Coachella Valley
- A Huge Housing Bargain -- but Not for You--"The largest transfer of wealth from the public to private sector is about to begin. The federal government will be bulk-selling the massive portfolio of foreclosed homes now owned by HUD, Fannie Mae and Freddie Mac to private investors -- vulture funds."
- A 96-Year-Old's Mortgage Fraud Nightmare--Lillie Mae Washington may have been conned into an outrageous mortgage by a firm that had its license revoked. Ocwen Financial wants to evict her anyway.
- Homeowner says Bank of America foreclosure notice doesn't add up
- Credit Union Decides To Clear Out Foreclosed Home Five Days Early
- Chase Bank Sells Off Soldier's Home On The Very Same Day He Returns From Iraq
