Jon Stewart Disses OCC and Independent Foreclosure Review
Jon Stewart piled on to the widespread criticism of the Independent Foreclosure Review fiasco.
Read more...Yearly Archives: 2013
Links 5/10/13
Wall Street Hiring More Ex-Government Prostitutes Officials to Assure it Gets its Way
The infamous James Carville quote, “Drag a hundred-dollar bill through a trailer park, you never know what you’ll find,” seems more applicable to official Washington than the much-maligned Paula Jones.
Read more...California Attorney General Sues JP Morgan Over Debt Collection Abuses, Including Sewer Service, Robosigning
California Attorney General Kamala Harris is on a roll.
Read more...Wolf Richter: When Flight Safety Gets Outsourced To China
Aircraft maintenance was a highly paid blue-collar job that required education, training, manual skills, and brains. It was one of the perfect American middle-class jobs with generous healthcare, retirement, and vacation benefits; and free flights! They were working for icons like Delta, American Airlines, Continental, TWA, or Pan Am. Icons indeed!
Read more...Feel Good, Naked Capitalism
Here’s what you helped us to do. Hoisted from comments:
Read more...Links 5/9/13
More Foreclosure Settlement Fiascoes: Rust Consulting Underpays Some Harmed Borrowers
Rust Consulting, which handled the borrower mailings during the Independent Foreclosure Review and is now acting as paying agent, continues to screw up in every way imaginable.
Read more...JP Morgan: A New Type of Dirty Energy
By Jen Alic, a geopolitical analyst, co-founder of ISA Intel (www.isaintel.com) in Sarajevo and the former editor-in-chief of ISN Security Watch in Zurich. Cross posted from OilPrice
As US power plants lose money, a bit of market manipulation goes a long way … ask JPMorgan Chase.
Read more...Quelle Surprise! Banks Whining About Cost of Breaking New California Homeowner Bill of Rights
During the protracted negotiations over what was to become the 49 state/Federal mortgage settlement, New York attorney general Eric Schneiderman was hailed as a progressive leader and California’s Kamala Harris was characterized as an opportunist.
Turns out the opportunist cut a much better deal for her constituents than the supposed true believer.
Read more...Are Flagging Productivity Gains a Sign of a Played-Out Economy?
Bloomberg flagged that productivity gains in the US are tepid, and that’s a sign of economic weakness:
Read more...Links 5/8/13
Japanese Movement Against TPP Growing
By Lambert Strether of Corrente.
This Real News Network video on resistance to the Trans-Pacific Partnership in Japan (one of our military protectorates) explains some implications of TPP for health care policy, but also gives a glimpse of how our post-national global elites would like the nature of the State to change. Of course, the TPP negotiations are secret, which cannot but give the impression that TPP’s advantages are not likely to be readily apparent to the citizens who putatively give sovereign states their legitimacy. So, although US discussions have focused mainly on content and intellectual property issues, it would seem that the powers that be have bigger fish to fry.
Read more...Jack Lew’s Nose is Getting So Long He Needs a Hacksaw
Jack Lew really needs to get better at lying in public. So far, he’s making a hash of it.
Read more...Lynn Parramore: Your Retirement for a Bottle of Champagne – How Wall Street Fraudsters Ripped You Off, Again
By Lynn Parramore, a senior editor at Alternet. Cross posted from Alternet
The LIBOR price-fixing scam has cost at least $110 million — in the state of Oregon alone!
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