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SEC Hacks Rewarded for Incompetence

The fraud perpetrated by Bernie Madoff cost investors at least $50 billion. His brazen ponzi scheme went on for years as the SEC concentrated on things like forcing companies to predict the effects of global warming on their companies in annual reports. They also let former Countrywide scum Angelo Mozilo walk away unscathed as the housing market imploded due to his significant input. In the end, a guy off the street was blowing the whistle so loudly that Madoff turned himself in. Still, there are those at the SEC that were rewarded handsomely for their incompetence.

A little known investment analyst named Harry Markopolos took a look at Bernie Madoff’s hedge fund and saw immediately that something wasn’t right. The incredible gains were just beyond reality. A few math calculations showed that indeed, they really were beyond reality. Markopolos voiced his concerns to the SEC several times, but they never took any action. Check that, the New York branch of the SEC looked into Madoff’s activities, and after 11 months found nothing and closed the case. Markopolos found something in five minutes. He was pretty detailed in what he suspected, but his pleas to the bumbling SEC fell on deaf ears. Continue reading SEC Hacks Rewarded for Incompetence



Companies Targeted for Avoiding Risky Borrowers

I’ve said before that you can expect an explosion of ethno based politics as engineered demographics is forced on the United States. Here’s a grenade to give you a little taste of what’s coming.

A group calling themselves the National Community Reinvestment Coalition filed a complaint with HUD, charging that some lenders were denying mortgages to those with credit scores that qualify them under HUD guidelines. Some lenders were only handing out loans to those with credit scores of 600+, while HUD only requires a minimum of 580 to qualify. If this proves to be the case, the NCRC would technically be in the right for filing the complaint. The Obama regime has promised to make it right. Continue reading Companies Targeted for Avoiding Risky Borrowers



U.S. Unemployment: Made in China?

For those seeking gainful employment that feel China has nothing to do with their situation, look at it this way: If not for China manipulating its currency, you might still have a job.

October 15 was the deadline for President Barack Obama to decide if he would accuse China of manipulating its currency. It is part of a congressional requirement that the Treasury Department issue a report twice a year on countries that manipulate their currency. The fallout of such an accusation could be severe.

Angering the Chinese by basically accusing them of being crooks could spark a trade war. With the trade deficit already at an all time high of $27.9 billion with China, the consequences for the American consumer will be extreme, at least in the short run.  It could also affect how much money the United States can borrow from China. They may also cash in some of the U.S. bonds they now hold. Either scenario is likely to be crippling to the United States. Continue reading U.S. Unemployment: Made in China?



Social Security COLA Increases Shelved Again

While Barack Obama commits billions of American tax dollars to fund outsourcing, education and healthcare overseas, Social Security recipients, arguably among the most vulnerable in society are not getting a cost of living increase-again.

Known as COLA, the Social Security Administration (SSA) normally metes out cost of living increases in response to inflation. There was no increase last year, although congress approved to $250 stipend to help offset the pain. That money was a one-time shot though. The benefits remain the same. Continue reading Social Security COLA Increases Shelved Again



Random Excerpts

Is this what you meant Barry? Is this how Islam enriches America? If that's what you think then you are horribly out of sync with the American people.4 goons were arrested in New York for plotting to bomb 2 Jewish4 Muslims Arrested In Plot To "Enrich" America

And he did it with our money. While his friends roll in the dough, the rest of America faces crippling tax hikes and high unemployment. Tax cheat and official scumbag Timmy Geithner was once thought of as an incompetent boob,Geithner Funneled Tax Money To Goldman Sachs

Well, that didn't take long. Barack Obama's promise that lobbyists were getting the heave-ho in his administration has, like so many other things Obama has said, turned out to be false.In March, Barry decreed that lobbyists couldn't talk with governmentBack To Business As Usual For Lobbyists

You can't make this up. Mexican officials are now blaming the United States for not dealing with the actions of their violent citizens.A recent conference in San Diego between four mayors of Mexican border cities and San Diego mayor JerryMexico to U.S.: Stop Deporting our Criminals

No, I'm not talking about some Middle Eastern hellhole, I'm talking about Oklahoma. Once again, a single individual has defied the will of the overwhelming majority.The citizens of Oklahoma passed SQ 755 last week, that would prohibit courts in thatLiberal Judge Blocks SQ 755

You would be correct if you thought that the Supreme Court struck down affirmative action several years ago. Don't tell that to the Department of Justice. In yet another display of blatant racism, the DOJ is forcing the Dayton PoliceDOJ Forcing Lower Standards for Police Recruits

That's what this freak Muslim maggot shouted out before he began firing. Forget the spin, forget the investigation pending, forget what motivated this nutcase to go on a shooting spree. Everyone already knows the truth, even as there are someAllah Akbar: Ft. Hood Gunman A Muslim Terrorist

Of course, they decided to leave the country before they threw stones. For every reconquista group that challenges every common sense immigration law that comes down the pike, they can rest easy in that they have backup in the formAmerican Bar Association Falls To Reconquistas

What did I tell you? I said in my last post that Obama was going to deliver a bow to Islam speech, and he did not disappoint. The cotton candy, unicorns and sharia law schtick was expected, but he alsoObama Outlines the Destruction of Israel

Since the law means nothing to illegal aliens-at least as far as the United States is concerned, it comes as no surprise that advocates for border jumpers would come up with their own decrees, which have nothing to do withReconquistas Launch Attack On Immigration Laws

Open borders. One world government. Social justice. Reconquista.. Fraudulent voters. Most likely an obscene combination of all of those things. America's borders are all but non-existent, and if a border jumper happens to stake their claim in this country, theyUtah Immigration Law Under Attack

Barack Obama's strategy in Libya is so convoluted, so bumbling, that even kooks like Dennis Kucinich are balking, even going so far as to suggest impeachment. Obama decided not to consult congress before making a fool of himself, and theLibyan "Rebels" May Be al-Qaida

Anytime the U.N. gets together its hard to know whether to laugh or cry. Are these really the leaders of the world? Unfortunately, yes, they are.It makes you wonder how people as unpopular as they are can still maneuver intoUnited Nations Clown Show In Town

Presidential candidate Michelle Bachmann has already been branded as a nut by the left, so in my opinion, it doesn't matter what she says. Her latest comments happen to be right on the mark, but since the MSM is partMichelle Bachmann Re-Exposes Obama's Islamist Agenda

Most analysts predict gas to go to $4 per gallon this year (guaranteed in California). So what is the cause? Middle East unrest? Decreased oil production? Shortages? How about Fear and uncertainty fueled by the Obama agenda.Speculators are like scaredGas Prices Skyrocketing

California is a gutter of social experimentation. Staggering unemployment, businesses being chased out of the state, and an educational system that guarantees that particular trend will continue. We have plastic bag bans, light bulb bans, mylar balloon bans, red lightCalifornia Kids in States' Crosshairs

The thought of it is numbing, abhorrent, a page straight out of the Adolf Hitler/Margaret Sanger playbook. What kind of monster would advocate such a policy? Barack Obama's new science czar.That's right, newly annointed science czar John Holdren co-authored aNew Science Czar Advocated Forced Sterilization

Mr. Transparency apparently has been caught trying to enrich America. Nobody, including Congress, wants Gitmo detainees on U.S. soil. Nobody but Barack Obama.Rep. Frank Wolf of Virginia got wind that Obama was planning to send some of those detainees toObama Tried To Sneak In Gitmo Detainees

If you want a taste of what this jelly-spined loser would be like as governor, you need to look no further than this.Santa Clarita councilman Bob Kellar attended a Minuteman rally on January 16, not just to support the Minutmen,Meg Whitman Bows To Racist Reconquistas

We were intitially told that Muslims were just good folks that just want to pray. They loved America, and did not want to impose, just blend in with the greatest country on earth. Anybody that did even the most perfunctoryPastor Terry Jones Falls Victim to Sharia Law

Yet Eric Holder wants to give KSM a stage in New York, panty bomber is being treated like an American citizen, Obama is reaching out to those that would bite his hand off, and the borders remain wide open inHelpless CIA Warns Of Impending al Qaeda Attack

And if they can rig this election, they can rig any election.The election results for New York's 23rd district looked funny from the start, and now we're finding out that indeed, the results were not accurate. Dominion/Sequoia, a Venezuelan, HugoNY 23rd District Election Was Rigged

Thus far, the left has dictated what the core issues have been for Republican presidential candidates this season. It has worked out even better than planned, with Republicans going off the rails on their own and saving Barack Obama fromIssa Exposes Napolitano on Phony Border Numbers

Racism has reared its ugly head again this campaign season, and as usual it is the racists that are making assertions against everyone else but themselves.[column width="47%" padding="6%"]Sharron Angle is running an effective campaign against Harry Reid in Nevada forRace Baiters Corner Sharron Angle

I guess being on the same side of an issue as Al Sharpton was more than even the White House could absorb, so Barack Obama went into convoluted PR mode. He's backing away-but not admitting he said anything wrong philosophicallyObama Skulking Away From Race Baiting Comment

This activity has been known for a while, but with the upcoming amnesty push it is worth bringing to the forefront once again.The almost non-existent Southern border, the one that Chuck Schumer says is secure, is bringing more than goodDrug Cartels Buying American Politicians

While Eric Holder ships guns to Mexico with the effect of slaughtering its citizens, the ones who actually made it to the United States illegally have his full protection. Criminals defending criminals. That's our Justice Department.No sooner than the inkJustice Department Attacks Alabama

It wouldn't be the first time that a straw man was used to divert attention from an underlying agenda.Here's my position on gay marriage, and marriage in general. The current definition of marriage is that it is between a manPedophiles Using Gay Marriage Issue As A Smokescreen?

The Muslim imposter played to his base today. Let the shredding begin.He's carrying the goodwill of the American people with him. Not sure what people he's referring to. More recently, tension has been fed by colonialism that denied rights andObama Surrenders To Islam

If Obama gives up any information to this pack of cretins, then he should be put on trial for treason in a time of war. What is the penalty for that anyway? Now, Ileana, now. You have the checkbook. DefundU.N. Wants Details on Navy SEAL Operation

Radio can be a rough business, but this is a stunner. The radio market the size of Los Angeles now has a conservative hole the size of the Grand Canyon.How about this for a lineup: First Laura Ingraham, later replacedConservative Radio Torpedoed In Los Angeles

Not only did the Obama regime not put up a fight, but they rewarded criminals for their efforts. There is no such thing as violating the constitutional rights of illegal aliens, but for an activist judge, the law has veryCrime Pays For Illegal Aliens

It's too bad the issue even came up, but at least for now, our troops won't lose one of their freedoms, even as they fight for ours.Defense Secretary Robert Gates has indicated that he won't be banning smoking in combatTroops Get Reprieve On Battlefield Smoking

I don't think this was the plan. After all the hard work, the blood, the guts, the sacrifice, it looks like China may become one the main beneficiaries of the Iraq war.While America spirals into almost insurmountable debt, China isChina Has An Appetite For Iraqi Oil

I've maintained since 2008 that Barack Obama is a Muslim. The only refutation of that claim is his word. The evidence, which has been documented here, and many other places, points to either him actually being a Muslim, or soObama Aiding Terrorists in Egypt?

God help us. With Barack Obama on the ropes and an American public more energized they have been for years, the Republicans have the perfect storm of opportunity to take this country back from the brink of Marxism. They haveSay It Ain't So: Gingrich 2012?

I've proposed this theory before, but unless you happen to be archiving virtually every news article you see, it is hard to prove. Fortunately, I found something in the last few days to bolster my theory. We know the mediaNews Designed to Confuse the Public

Ultimately, there will have to be painful cuts in federal spending, but right now, both Republicans and Democrats can permanently shave billions off the budget with no pain at all. The only resistance would be coming from those that areBillions in Painless Cuts Identified by GAO

As the rumor goes, presidents usually pick the most inept, buffoonish vice-presidential running mates to as act as a buffer against those that might want them removed from office sometime during their term. Bush 1 had Dan Quayle, who providedJoe Biden Warns of Rape and Murder

This is an e-mail I received at work today. I don't normally repost the content of others, but this is worth a read. 545 vs 300,000,000 EVERY CITIZEN NEEDS TO READ THIS AND THINK ABOUT WHAT THIS JOURNALIST HAS 545 V.S. 300,000,000

And the ATF's clients are very happy about it.The ATF has flooded the streets of America with 250 million cigarettes in the last three years, all in an effort to trap black market smugglers. The stings, conducted in Virginia, areATF Flooding The Streets With Black Market Cigarettes

We all know what Loretta Sanchez is, and Rudy Giuliani echoed those sentiments in a much more diplomatic way than I ever could have. While campaigning for Van Tran Monday in Orange County, California, Giuliani said that the race baitingRudy Giuliani Smacks Down Loretta Sanchez

So how are things in your part of the country? Here's a sample of how it's going in my area, and it isn't pretty. Separately, we know about all these groups and what their twisted agendas are. But to seeCommunists, Unions Lead May Day Rally

Technically the face smashing taxes are directed towards the rich, but how do you think the job creators in this country will offset this? That's right, they'll pare off jobs at the bottom, the very people Barack Obama claims toTaxes About To Skyrocket

While we read the daily headlines and the tumultuous happenings in not only this country, but in the Middle East as well, we must keep in mind that there are things going on behind the scenes, and people that raiseObama's Muddled Middle East Policy Becoming Clear

With 2012 voter registration ramping up, the fact is, illegal aliens play a bigger role in America's elections than most would want to admit. The primary beneficiaries of such fraud is almost always Democrats. With promises of amnesty and freebiesICE Sets Up Hotline To Assist Illegal Aliens

There has been talk over the last few years of impeaching Barack Obama for various reasons. Most of that was from people unhappy with his policies, not necessarily from doing anything illegal. Now we have something concrete. Obama is aObama Trafficking Guns to Mexican Cartels

Barack Obama is under the mistaken impression that he can either legislate anything he wants, or impose it by fiat. So far there has been nothing that would change that impression.First it was Wall Street, then it was the banks,Insurance Companies Next On The Take Over List

As Democrats in Wisconsin and Indiana see their potential kickback money train in jeopardy, some are fleeing their states in a vain attempt to stave off the inevitable. While unscrupulous unions and bloated government bureacracies strangle economies and bleed taxpayersPrivate Enterprise Outshines Bloated Government

This is great. So glad the FDA is looking out for us. While the makers of Cheerios are slammed against the wall for daring to suggest their product has health benefits, lethal drugs are left on market, requiring furtherFDA Looking Out For You, Or Big Pharma?