The Washington Post reported Monday that David Plouffe, a senior White House adviser who was President Obama’s 2008 campaign manager, “accepted a $100,000 speaking fee in 2010 from an affiliate of a company doing business with Iran’s government.”
“A subsidiary of MTN Group, a South Africa-based telecommunications company, paid Plouffe for two speeches he made in […]
Solyndra’s CEO labeled President Barack Obama’s administration “The Bank of Washington.”
Chris Gronet offered the description in an internal email one year before the company collapsed in 2010, costing taxpayers roughly $500 million.
The email was obtained and published by the Republican National Committee.
“The Bank of Washington continues to help us!” he wrote in the October 2009 […]
xposing Obama’s Criminal FriendsPresident Obama’s campaign team is still refusing to apologize to Mitt Romney after Obama Deputy Campaign Manager Stephanie Cutter charged Romney committed a felony last week when discussing the time when he left Bain Capital (to save the Olympics.) Cutter and Team Obama have desperately tried to paint Romney as misleading the country about […]
Michael Bennet, D-Colo,at a town hall meeting in Greeley last Saturday, Aug 21 said we had nothing to show for the debt incurred by the stimulus package and other expenditures calling the recession the worst since the Great Depression. […]
Regarding spending during his time in office he said, “We have managed to acquire $13 trillion […]
Expect to hear a lot about how much the Iraq war cost in the days ahead from Democrats worried about voter wrath against their unprecedented spending excesses.
The meme is simple: The economy is in a shambles because of Bush’s economic policies and his war in Iraq. As American Thinker’s Randall Hoven points out, that’s the […]
Troubled US mortgage firm Freddie Mac reported Monday a second quarter net loss of six billion dollars and sought another 1.8 billion dollars from the Treasury to contain the red ink.
The government-backed company said its strategies to boost business and “sustainable homeownership” were taking hold but cited high unemployment posing […]
Buying Votes: It appears that Democrats will receive a severe beating in the fall elections. What can save them? How about the administration wiping out large swaths of debt for underwater mortgage holders?
James Pethokoukis, a Reuters columnist who once wrote for IBD, reported Thursday that the White House might have an […]
President Barack Obama has kept mum on the fate of Rep. Charles Rangel (D-NY) for days — but he tells CBS News that it’s time for the embattled 80-year-old former Ways and Means Chairman to end his career “with dignity.”
Read the whole story at Politico
A headline like the one above was always the risk when Obama named Jack Lew to head up the OMB, following the departure of Peter Orszag.
Read more at Business Insider
(Excerpt) NEW YORK (CNNMoney.com) — Goldman Sachs paid $550 million to settle charges of defrauding investors in a sale of securities tied to subprime mortgages, the Securities and Exchange Commission said Thursday. ….. In a statement, the SEC called the settlement “a stark lesson to Wall Street firms that no product […]
A U.S. judge handed a 12-year prison sentence on Thursday to Hassan Nemazee, a former fundraiser for Barack Obama and Hillary Clinton who admitted to a $292 million fraud of three major banks.
Read the whole story at Reuters.com
President Barack Obama’s political director failed to disclose that he was slated to receive a nearly $40,000 payout from a large labor union while he was working in the White House.
Patrick Gaspard, who served as the political director for the Service Employees International Union local 1199, received $37,071.46 in “carried over leave and vacation” from […]
An aide claims mistakes were made in keeping records that would justify his conduct.
Watch report here!
(Excerpt) Read more at breitbart.tv
WASHINGTON (AP) — Here’s an idea, Uncle Sam: Stop writing checks to dead people.
The government sent benefit checks to 20,000 departed Americans over three years, totaling more than $180 million — a remarkable number that provoked the Obama administration to create a government-wide “do not pay” list as part of its brainstorming for ways to […]
Soon after Congress returns from the Memorial Day recess, liberal House Democrats and teacher unions will make one last push to pass a $23 billion fund to prevent teacher layoffs.
Democrats are looking to package the fund with war and disaster spending in a supplemental appropriations bill the House will vote on as early as this […]
Today, the United States Department of the Treasury confirms that the total combined United States national debt has just reached and exceeded a new milestone of $13 trillion:
Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
The Obama administration dangled the possibility of a government job for former Colorado House Speaker Andrew Romanoff last year in hopes he would forgo a challenge to Democratic Sen. Michael Bennet, officials said Wednesday, just days after the White House admitted orchestrating a job offer in the Pennsylvania Senate race.
These officials declined to specify the […]
All of a sudden, everyone is talking about the possibility of impeaching Barack Obama.
Drudge is writing about it. Sean Hannity is talking about it. Dick Morris is saying that the potential scandal is “enormous.”. Karl Rove called it an “extraordinary charge.” WorldNetDaily.com wrote that “it could be grounds for impeachment.”
What happened? The story surrounding the […]
ven the world’s most savvy stock-market giants (e.g., Warren E. Buffett) have warned over the past decade that derivatives are the fiscal equivalent of a weapon of mass destruction (WMD) - potentially lethal. And the consequences of such an explosion would make the recent global financial and economic crisis seem like penny ante. But generously […]
Many theories have sprung up in regards to what exactly happened on Thursday that would cause a 1,000 point drop in the DOW. Some say that it was a computer or human error that caused the trillion-dollar collapse, but few have theorized the possibility of an engineered collapse that would purposefully create more instability in […]