Indeed, the feds actually filed a lawsuit to block Spitzer’s investigation of ugly racial mortgage steering. Bush’s banking buddies were especially steamed that Spitzer hammered bank practices across the nation using New York State laws.
Spitzer not only took on Countrywide, he took on their predatory enablers in the investment banking community. Behind Countrywide was the Mother Shark, its funder and now owner, Bank of America. Others joined the sharkfest: Goldman Sachs, Merrill Lynch and Citigroup’s Citibank made mortgage usury their major profit centers. They did this through a bit of financial legerdemain called “securitization.”
The $200 billion bail-out for predator banks and Spitzer charges are intimately linked
Iraq: teachers told to rewrite history
In the "Teacher Notes" section, it talks about how the "invasion was necessary to allow the opportunity to remove Saddam Hussein" but it fails to mention the lack of United Nations backing for the war. The notes also use the American spelling of "program".
Ozone Rules Weakened at Bush's Behest
EPA officials initially tried to set a lower seasonal limit on ozone to protect wildlife, parks and farmland, as required under the law. While their proposal was less restrictive than what the EPA's scientific advisers had proposed, Bush overruled EPA officials and on Tuesday ordered the agency to increase the limit, according to the documents.
TVNL Comment: George W. Bush and his administration are murdering us and we should stop him in self defense, by any means necessary.
The Monstrous Monsanto Universe
The charge sheet is horrifying, inexorable and convincing. The multinational firm Monsanto, which sells 90 percent of genetically modified organisms (GMO), massively lies to many people and even the whole planet with great success - the power that money and the - apparently unlimited - support of the United States government bestows.
Hawaii Senate Committee Passes Resolution on Aspartame
It resolves that given the enormous amount of evidence that has been compiled concerning the neurodegenerative harm it can cause, that the U.S. Food and Drug Administration is requested to rescind approval of aspartame immediately on a phase-out basis over six months to one year.
More...
2 die each day in Mich. for lack of insurance
Not having health insurance can be deadly, a growing problem that accounts for deaths of 650 Michiganders a year, nearly two a day, a national report released Thursday concludes.
TVNL Comment: Wow, do they mean something other than terrorists pose a threat to our lives? Who are the terrorists here? Seems like our government are the terrorists in this case, for allowing this to happen. Actually they force it to happen!
Paulson admits deregulation has failed us all
You know things are very very bad on Wall Street when a guy like Henry Paulson -- Treasury secretary, solid Republican, and former Goldman Sachs CEO joins the crowd calling for more regulation over the financial markets.
Paulson spared no one in his criticism Thursday of the excesses of deregulation that has now created the worst global financial crisis in a generation, threatening the health of the U.S. economy, the savings of millions of Americans, and the survival of some of the biggest financial institutions in the world.
It's been obvious for years now that Wall Street could not be trusted, and finally official Washington agrees.
U.S. Troops Kill Iraqi Girl On Roadside
U.S. soldiers shot and killed a young Iraqi girl after firing a warning shot at a woman who "appeared to be signaling to someone" along a stretch of road where several roadside bombs had recently been found, a military official said early Thursday.
Liberal talk radio hires ex-con Ney
Former Rep. Bob Ney (R-Ohio) has landed his first job since being released from prison last month.
Ney is working in Columbus, Ohio, for the Talk Radio News Service (TRNS), thanks to his longtime friend Ellen Ratner.
Ney pleaded guilty in 2006 to corruption charges and was sentenced in January 2007 to serve 30 months in prison, but was released early.
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