That’s right folks, trillion with a T. This is the same shadow agency that Barack Obama wants to hand massive new powers to in order to theoretically streamline federal financial regulatory activities. Theoretically.
There’s a little problem at the Federal Reserve though. Federal Reserve Inspector General Elizabeth Coleman can’t seem to find a trillion dollars [...]
I once posed the question, “Wall Street knows what it’s doing, does Washington?” Well now we have our answer.
It turns out that ex-Goldman Sachs chief and Treasury Secretary Hank Paulsen didn’t have a clue as to how mortgage backed securities worked. Here is a guy that ran one of the most powerful companies on [...]
He’s already done irreparable harm to the U.S. economy, and now he wants to take the show on the road.
We all know about Obama’s plan to go after companies that have moved operations out of the United States and extract taxes from them. He doesn’t care that they’ve outsourced; he just wants to get [...]