Posts under ‘Corruption’

PPI falls .1% in December, factory output increases .4% during the same period. Chase bank is stopping some collections amid allegations of fraud.

November Consumer Credit jumps 10%, its largest advance sine 2001. A new credit already, is that even possible? Borrowing your way to prosperity doesn’t work.

At 21, the NAHB Home Builders Index increases for a 3rd month. The FDIC closes 2 more banks as the YTD Total hits 92 considerably less than the 158 seen in 2010

FBI reports that the banksters committed 80% of the mortgage fraud during the current crises. Europe and Asia show more signs of impending economic recession.

Retail sales miss in November at +.2% so much for Black Friday. The parade of outright lies, non-feasance and malfeasance with the current crisis continues.

Europe gets tested again, the price of waffling. The, no audit, Fed’s latest Euro swap line passes 50 billion, its taxpayer funds why the secrecy?

The tab for the financial sector bailout 29.6 Trillion and counting according to the Levy Institute. Yet the regulators still do not enforce the rules or law.

Ex CEO of MF Global tells Congress that he has no idea where missing client money is, where are the handcuffs? ECB follows our lead to fix its banking crisis.

60-Miniutes does a great job outlining fraud and the current crisis, but, they merely state the obvious. I and 1000′s of blogs have been saying this for years.

Massachusetts sues the big banks for foreclosure fraud. November ISM Services slips to 52. Factory orders drop .4% in October. Jon Corzine gets sued for lying.