Home » Posts tagged 'us congress' (Page 11)
Tag Archives: us congress
Big Banks Suffer Rare Fail as Congressional Deal Cuts Nearly $1 Billion a Year in Handouts
Big Banks Suffer Rare Fail as Congressional Deal Cuts Nearly $1 Billion a Year in Handouts Big banks will lose a portion of a multi-billion-dollar government handout they’ve enjoyed for over 100 years, thanks to a compromise highway bill released Tuesday. One estimate pegged the loss to the banks at $8 billion to $9 billion over […]
Yellen Tells Congress Negative Interest Rates Are Possible
Yellen Tells Congress Negative Interest Rates Are Possible Reuters has reported that Yellen told a House of Representatives committee when testifying before Congress: “Potentially anything – including negative interest rates – would be on the table. But we would have to study carefully how they would work here in the U.S. context.” Yellen may have been placating […]
Imagine If Exxon Had Told the Truth on Climate Change
Imagine If Exxon Had Told the Truth on Climate Change Like all proper scandals, the #Exxonknew revelations have begun to spin off new dramas and lines of inquiry. Presidential candidates have begun to call for Department of Justice investigations, and company spokesmen have begun to dig themselves deeper into the inevitable holes as they try to excuse the inexcusable. […]
SPR To Be Used To Raise Cash For US Gov
SPR To Be Used To Raise Cash For US Gov The U.S. Congress is moving on a budget deal to avert a standoff over raising the debt ceiling, at least until 2017. The emerging budget deal calls for some modest increases in government spending, including on defense, along with some tweaks to Social Security and Medicare. But […]
All Hail Our New Lord and Master, the Stock Market
All Hail Our New Lord and Master, the Stock Market We’re all minions now of the stock market. The all-powerful Federal Reserve is mere minion of the stock market, a kitten absurdly claiming in public to be a tiger. If the market threatens to drop, the Fed quickly prostrates itself and does the bidding of its […]
The Bond Crisis & 2015.75
The Bond Crisis & 2015.75 Some people have wrongly expected a crash in the long bonds. What has actually happened is that China and others have sold into the high, liquidating their long bonds, and moving short-term. This is why rates are negative on the short-end. The CRASH comes in the opposite direction this time. […]
Treasury Warns Of “Humanitarian Crisis” In Puerto Rico If Congress Does Not Agree To Bailout
Treasury Warns Of “Humanitarian Crisis” In Puerto Rico If Congress Does Not Agree To Bailout “Puerto Rico is not Greece“… but it increasingly looks like it will be in a few weeks, thanks to US taxpayers who are about to foot the bill for yet another creditor bailout. As we reported last night, creditors of the […]
Obama Unveils Roadmap To ‘Bailout’ Puerto Rico: “New” Bankruptcy Rules & Federal Fiscal Oversight
Obama Unveils Roadmap To ‘Bailout’ Puerto Rico: “New” Bankruptcy Rules & Federal Fiscal Oversight America is not Greece, but judging from the Obama administration’s just-unveiled plans to bailout Puerto Rico’s disastrous debt situation, the American territory may have to sacrifice a little more sovereignty to get some relief. Obama is pressing for Congress to give […]
Did the CIA Boss Bring In the Head of the CIA’s Castro Assassination Team to Kill JFK?
Did the CIA Boss Bring In the Head of the CIA’s Castro Assassination Team to Kill JFK? Well-known journalist David Talbot – founder and lead editor for Salon – said in an interview today that the CIA may well have played a role in the assassination of John F. Kennedy: [After JFK fired CIA head […]
What Eisenhower REALLY Said About the “Military Industrial Complex”
What Eisenhower REALLY Said About the “Military Industrial Complex” You know about President and General Dwight Eisenhower’s prescient warning about the “military-industrial complex” as he left the White House? Well, it turns out that he was really warning about the “military-industrial-congressional” complex. 42-year CIA veteran Milton Goodman explains: In the spring of 1961, I was part of a […]
Congress Declares Martial Law as Dollar Rapidly Collapsing: “Living in Last Days of This Republic.”
Congress Declares Martial Law as Dollar Rapidly Collapsing: “Living in Last Days of This Republic.” The debt ceiling issue is returning to the forefront in American politics, again threatening a government shutdown. Last time, the shutdown resulting in sequester for many agencies that suspended work for many government employees; a great deal of political theater […]
Syriasly
Syriasly Senior administration officials say the new offensive holds promise and may change the dynamics on the ground. — The New York Times Whew…. That’s reassuring. Finally, a Middle East policy you can believe in. It’s apparently based on a joint Kurdish-Arab army that our side (the USA) is pretending to assemble around the ISIS stronghold […]
In the Public Interest: Monsanto and Its Promoters vs. Freedom of Information
In the Public Interest: Monsanto and Its Promoters vs. Freedom of Information A protester holds a placard during a march in New York. (Waywuwei / CC BY-SA 2.0) Next year, the federal Freedom of Information Act (FOIA) will celebrate its 50th anniversary as one of the finest laws our Congress has ever passed. It is a vital […]
David Stockman On CNBC: ‘We’re On The Fiscal Titanic”
David Stockman On CNBC: ‘We’re On The Fiscal Titanic” A government shutdown would force Congress to address fiscal issues before they reach unmanageable levels, a former Reagan administration official contended Wednesday. “We’re on the fiscal Titanic and we’re going to hit something hard and immovable one of these days,” said David Stockman, director of the […]
