20/20 CDS

Matt Stoller has it: Bill Clinton’s $80 Million Payday, or Why Politicians Don’t Care That Much About Reelection “There was a kind of inflection point during the five-year period between 1997 and 2003 — the late Clinton and/or early Bush administration — when all the rules just went away. You went from a period, a [...]

Like a fresh coat of paint on a termite infested house

STOCK Act signing axes congressional ‘insider trading’ Bill-signing ceremonies are pretty rare events in these times of gridlock and congressional backlog; so are moments of bipartisan backslapping and handshaking. But both happened briefly today when President Obama, surrounded by a few actual Republicans, signed and praised legislation passed by Congress. The measure was the Stop [...]

They aren’t stealing it, they’re laundering it

Yeah, I know, it’s another one of those dreadful wingnut websites. Unfortunately it’s hard to find any liberal websites that are willing to tell the truth about Obama. PJ Tatler: Video: Obama Campaign Disables Credit Card Verification, Accepts Donation from ‘Nidal Hasan’ This video is a follow-up to Adrian Murray’s facebook post over the weekend, [...]

Occupy this guy

Glenzilla: The new WH Chief of Staff and Citigroup Yesterday, the White House announced Daley’s departure — he will now co-chair Obama’s re-election campaign, which basically means raising huge amounts of money from his Wall Street friends — and unveiled his replacement as Chief of Staff: Jacob Lew. In 2010, Lew became head of the [...]

Wall Street Occupies The White House

Kevin D. Williamson: Not far from Zuccotti Park, where Occupy Wall Street was fragrantly encamped, I noticed a young man wandering into a store to buy a pack of cigarettes on a bright Saturday morning, wearing blue jeans, a T-shirt, and a $237,000 Vacheron-Constantin watch. In a world of $600,000 cars (consult your local Maybach [...]

More Evidence that Paulson belongs in jail

Another shocking story, this time from Bloomberg Businessweek. This goes back to July 2008, when Congress was panicking about Fannie Mae & Freddie Mac being the next dominoes to fall. How Paulson Gave Hedge Funds Advance Word of Fannie Mae Rescue On the morning of July 21 (2008), before the Eton Park meeting, Paulson had [...]

It Just Might be a Lunatic You’re Looking for

No Person except a natural born Citizen, or a Citizen of the United States, at the time of the Adoption of this Constitution, shall be eligible to the Office of President; neither shall any Person be eligible to that Office who shall not have attained to the Age of thirty five Years, and been fourteen [...]

Bloomberg FOIA suit reveals Massive Secret Fed Loans

You have to click on this jaw-dropping article to see the interactive graphic that shows which bank got how much, and to read how the Fed and our favorite Money Men gave banks billions without Congress having a clue. Secret Fed Loans Gave Banks Undisclosed $13B The Federal Reserve and the big banks fought for [...]

Republican Senator Dumps Stocks Days Before Crash

Via Legal Insurrection: How Congress Insider Traders Abused The Public’s Trust During The Financial Crisis Senator Sheldon Whitehouse of Rhode Island also made a flurry of trades in the days after the Paulson-Bernanke meeting with legislators. At minimum, Whitehouse sold $250,000 in the stocks below between September 18-24, 2008. He may have sold as much [...]

Oh what a tangled web we weave . . .

Via Hot Air: Emails tie Obama fundraiser to Solyndra push Advisers to Obama fundraiser George Kaiser discussed Solyndra and other government contracts during their visits last year to the White House, according to emails released Wednesday by House Republicans. The emails between Kaiser and two of his top business associates center in part around Solyndra’s [...]