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Recent Posts
- Trump’s “Big Beautiful Bill” Is a Grotesque Giveaway to Fossil Fuel Billionaires While Adding $3.3 Trillion to Nation’s Debt
- Senator Chris Murphy Charges that Trump “Has Opened a Channel for Bribery”
- Congressman Casten: Trump’s Assault on the Rule of Law Is Causing Capital Flight Out of U.S. by Foreign Investors
- Trump’s Approval Rating Drops to 80-Year Low; IMF Says U.S. Tariffs Now Exceed the Highs During the Great Depression
- Nasdaq Has Lost More than 3,000 Points Since Trump’s First Full Day in Office in 2025; the Pain Has Barely Begun
- The Bond Crisis Last Week Was a Global No-Confidence Vote in U. S. President Donald Trump
- Trump’s Tariff Plan Guts $5 Trillion in Stock Value in Two Days; Senator Warren Calls for Emergency Action Before Markets Open on Monday
- Trump’s Attacks on Big Law, Universities, and the Media Have a Common Goal: Silence Dissent Against Authoritarian Rule
- Trump Administration Gives All Clear to Laundering Money through Shell Companies and Bribing Foreign Officials
- Four Megabanks on Wall Street Hold $3.2 Trillion in Uninsured Deposits – Which May Explain Senator Schumer’s Pivot to the GOP to Stop a Government Shutdown
- Here’s What Came Crashing Down Yesterday for Trump’s “Genius” Guy, Elon Musk: Tesla Stock, Access to Twitter (X), His Years of Secret Calls with Putin
- After Banning the Associated Press, Trump Is Now Targeting Specific Journalists That He Wants to See Fired
- Closely Watched Atlanta Fed Model Predicts Negative U.S. Growth in First Quarter
- Trump’s Gangster Diplomacy Makes Front Page Headlines Around the Globe
- Who Benefits Alongside Elon Musk If He Succeeds in Killing the CFPB: the Megabanks on Wall Street that Underwrite His Tesla Stock Offerings
- In Trump 1.0, the State Department Used Taxpayer Money to Publish a Book Elevating Elon Musk to a Superhero; It Was Funded by USAID, the Agency Musk Wants to Quickly Shut Down
- News Host Joy Reid Raises Threat of Trump Selling U.S. to Putin; Ten Days Later Her Show Is Cancelled
- Elon Musk’s DOGE Appears to Be Violating a Court Order; It Has Taken Down Hundreds of YouTube Videos that Educate Americans on How to Avoid Being Swindled
- Barron’s Releases Audio of Jamie Dimon Cursing Out His Workers at a Town Hall, as Dimon Plans to Dump Another One Million JPM Shares
- There’s One Federal Investigative Agency that Neither Trump nor Elon Musk Can Touch: It Just Opened an Investigation into DOGE
- Elon Musk’s Companies Were Under Investigation by Five Inspectors General When the Trump Administration Fired Them and Made Musk the Investigator
- Donald Trump Gives the Greenlight to Goldman Sachs and JPMorgan Chase to Return to Bribing Foreign Officials
- After Tech Geeks Built a Back Door to Loot Billions from FTX, Republicans Refuse to Investigate What Elon Musk’s Tech-Squad Did Inside the U.S. Treasury’s Payment System
- Former Prosecutor, Now U.S. Senator, Informs Tesla That CEO Musk May Be Violating Federal Law and to “Preserve All Records”
- Trump’s Hedge Fund Guy Is Now Overseeing the U.S. Treasury, IRS, OCC, U.S. Mint, FinCEN, F-SOC, and the Consumer Financial Protection Bureau
- As Elon Musk Begins Shutting Down Payments to Federal Contractors, a Strange Money Trail Emerges to His Operatives Inside the U.S. Treasury’s Payment System
- JPMorgan Chase Charged by Yet Another Internal Whistleblower with Cooking the Books
- We Asked Google’s AI Search Model, Gemini, Questions About the Fed and Wall Street Megabanks: It Got the Answers Dead Wrong
- With Trump and Melania’s Crypto Coins Likely to Raise Legal Challenges, Why Didn’t Trump Fire the SEC’s Inspector General in His Purge of IGs?
- Fossil Fuel Industry Could End Up Paying Tens of Billions for LA Wildfires and Deceiving the Public on Climate Change for Decades
- It’s Being Called the Biggest Grift by a President in U.S. History: Trump and First Lady Launch their Own Crypto Coins
- Trump Plans to Install a Fracking CEO to Head the Energy Department and Declare a National Emergency on Energy to Gain Vast Powers
- Fossil Fuel Money Played a Role in the Los Angeles Fires and the Push to Install Pete Hegseth as Secretary of Defense
- When It Comes to Wealth Retention in Retirement, Concrete May Be the New Gold
- Wall Street Watchdog Warns “Clock Is Ticking on a Coming Catastrophic Financial Crash”
- Wall Street Is Sending the Same Message to Americans on Fossil Fuel Financing that It Sent on Cigarettes: Drop Dead
- In a Six-Week Span, this Dark Pool with a Curious Past Traded 3.7 Billion Shares
- Wall Street’s Lobby Firm Hired Eugene Scalia of Gibson Dunn to Sue the Fed for Jamie Dimon
- Postmaster General Louis DeJoy Made $561,051 in Compensation in 2024, as Mail Costs Spiked and Delivery Deteriorated
- Fed Chair Jay Powell Sends a Bold Message to Trump and Tanks the Dow by 1123 Points
- The Head of Fixed Income at T. Rowe Price Makes the Scary Case for the 10-Year Treasury to Spike to 6 Percent
- $663 Billion in Cash Assets Have Gone Poof at the Largest U.S. Banks
- Donald Trump to Ring Bell at New York Stock Exchange Today as Hit List Posters Appear in Manhattan Targeting Wall Street CEOs
- Trump Has a Slush Fund to Prop Up the Dollar – Will He Use It to Prop Up Bitcoin Instead?
- A CEO Assassination; a Billionaire Heiress/NYPD Commissioner; a Secret Wall Street Spy Center – Here’s How They’re Connected
- Despite More than 1600 Tech Scientists Signing a Letter Calling Crypto a Sham, Trump Names a Crypto Cheerleader for SEC Chair
- The Fed Rings a Warning Bell: Hedge Funds and Life Insurers Are Reporting Historic Leverage
- Trump’s Nominee for FBI Director, Kash Patel, Has Businesses Financially Intertwined with Trump
- Donald Trump Is at Risk of Getting Named in a Fossil Fuels Conspiracy Lawsuit
- Trump Is Having Difficulty Getting a Lawyer to Accept the Nomination for SEC Chair: Here’s Why
Category Archives: Uncategorized
Keeping Up With the…Kushners, Bannon Hit Squad, Trump Transition Team
By Pam Martens and Russ Martens: November 18, 2016 “Keeping Up With the Kardashians,” a reality tv show, has some stiff competition coming from network news as it reports on the daily churn of the Trump Transition Team, which is providing enough intrigue for a thrice daily soap opera. At 6:37 a.m. on Wednesday, three NBC reporters announced that Donald Trump had “taken the unprecedented step of requesting his son-in-law, Jared Kushner, receive top-secret clearance to join him for his Presidential Daily Briefings.” By mid-morning Wednesday, the New York Times was denying the rumor. But by evening, ABC News was reporting that the “intelligence community” had confirmed the story to its reporters. Kushner is married to Trump’s daughter, Ivanka. He is 35 years old, has no intelligence background, no current security clearances, and is the publisher of a New York City-based newspaper, The New York Observer. A newspaper publisher is … Continue reading
Wall Street Democrats Proved Yesterday That They Still Don’t Get It
By Pam Martens and Russ Martens: November 17, 2016 After a humiliating election loss just eight days earlier, the Wall Street Democrats in the U.S. Senate laid the groundwork for another humiliating defeat in the midterms in 2018 by electing Senator Chuck Schumer to be the Senate Minority Leader. Schumer is considered the poster boy for Wall Street — as their mouthpiece for lax regulation and a reliable Senate confirmation vote for Wall Street cronies to lead regulatory agencies. Over the past five years, Schumer has raised over $25.8 million for his campaign committee and Leadership PAC with the leading donors being security and investments firms and their outside law firms, according to data from the Center for Responsive Politics. Schumer’s top ten largest donors over his entire political career include seven major Wall Street banks: Goldman Sachs, Citigroup, JPMorgan Chase, Credit Suisse, Morgan Stanley, UBS and the now defunct Bear … Continue reading
Three Federal Studies Show Fed’s Stress Tests of Big Banks Are Just a Placebo
By Pam Martens and Russ Martens: November 16, 2016 The only thing standing between the American people and another apocalyptic financial collapse among by the biggest banks on Wall Street is the Federal Reserve’s stress tests and capital requirements. After Wall Street laid waste to the U.S. housing market and economy from 2008 through 2010, while propping itself back up with a feeding tube from the taxpayers’ pocketbook, the Obama administration passed the Dodd-Frank financial reform legislation in 2010. It wasn’t so much legislation as it was an illusory 2300 pages of rules that might someday get implemented in a meaningful way if President Obama appointed tough cops to his financial regulatory bodies – which he decidedly did not do. One of the promises in Dodd-Frank was that the Federal Reserve would annually assess whether the biggest and most dangerous banks have adequate capital to withstand a severe recession and … Continue reading
Protesters Target Senator Chuck Schumer’s Office Along With Trump Tower
By Pam Martens and Russ Martens: November 15, 2016 The corrupt and collapsing two-party political system in the U.S. is coming under renewed attack by the young generation. Trump Tower in New York City, where Republican President-elect Donald Trump is holed up, has become a veritable police fortress at street level with much of the sidewalk area barricaded from pedestrian traffic. Progressive protesters have been regularly massing outside of the building since Trump’s win in the presidential election on November 8. Many of their posters read: “Not My President.” But yesterday, young progressive protesters targeted the Capitol Hill office of a sitting Democratic Senator, Chuck Schumer of New York. As two of his clerks attempted to look unruffled and busied themselves behind their computers, about two dozen young people marched into Schumer’s office singing this song: “We are standing for our future, we are hearing what is wrong, we are … Continue reading
Giuliani’s Track Record Shows He’s the Wrong Man to Lead Justice Department
By Pam Martens and Russ Martens: November 14, 2016 Rudy Giuliani is said to be under serious consideration by President-elect Donald Trump to lead the U.S. Department of Justice as Attorney General. There are a number of serious problems with Giuliani serving in this post, including his track record of stomping on the Bill of Rights and his employment as a law partner with Greenberg Traurig, a corporate law firm with a long history of lobbying for the U.S. Chamber of Commerce to weaken protections for the average citizen. During Rudy Giuliani’s two terms as Mayor of New York City, from 1993 through 2001, he was sued 30 times by the New York Civil Liberties Union (NYCLU), the state affiliate of the ACLU. Of those 30 lawsuits, the NYCLU won 27 of the cases. (See Editor’s note below on her own case that was successfully challenged in court against the … Continue reading
Wall Street Heads Spin Over Trump Weighing Dimon for Treasury and Restoring Glass-Steagall
By Pam Martens and Russ Martens: November 11, 2016 Yesterday, CNBC announced that anonymous sources had told the cable business news outlet that Trump’s advisers were considering JPMorgan CEO Jamie Dimon for U.S. Treasury Secretary. The rumor nugget was quickly spread by other media outlets. The likelihood is that the rumor is coming from Jamie Dimon’s hyper-charged public relations machine rather than from Trump’s closest advisers. Should Dimon get the nomination from Trump he would have to appear before the Senate Banking Committee for his confirmation hearing. He would be facing hostility from progressive Senate Democrats on the Committee like Senators Elizabeth Warren, Sherrod Brown and Jeff Merkley for overseeing a Wall Street mega bank that has garnered an unprecedented three felony counts from the U.S. Justice Department in just the past three years while Dimon took home massive pay and bonuses. Two felony counts against the bank were for aiding … Continue reading
New WikiLeaks Email: Podesta May Have Cost Democrats the Election With Push for Obama Legacy
By Pam Martens and Russ Martens: November 10, 2016 Yesterday, WikiLeaks released a new email that synthesizes why Hillary Clinton and the Democrats suffered such devastating losses in Tuesday’s election, losing states like Michigan, Wisconsin and Pennsylvania that should have been easy wins for the Democrats. The email clarifies how Hillary Clinton’s Campaign Chairman, John Podesta, had created an impossible conflict in how he was running Clinton’s campaign: he wanted it to serve the dual role of embellishing President Obama’s legacy, thus muzzling Clinton on criticizing the President’s policies. It should have been readily clear that this was a losing gamble as tens of thousands turned out at Senator Bernie Sanders’ primary rallies as he called for a “political revolution” against the establishment in Washington while Clinton attracted modest crowds with her stay the course mantra. The email shows that on October 7, 2015, Hillary Clinton’s advisers were working on … Continue reading
Election 2016: The World Was Watching – With Disgust
By Pam Martens and Russ Martens: November 9, 2016 As election day arrived in the U.S. yesterday, European newspapers signaled their grave concerns over a presidential election that has left them stunned and anxious. The French newspaper, Aujourd’hui En France, used its front page to question whether the American dream (Le Reve) even still exists in the U.S. The French Liberation publication featured a silhouette of Donald Trump’s face on its front cover with the prophetic bold headline, “Le Grande Flip.” The day before the election, Jonathan Freedland wrote in the U.K.’s Guardian newspaper: “…one thing will certainly be over – and that is the dizzying, sometimes nauseating, 18-month-long saga that has been the 2016 campaign….In 2012, the Guardian’s front-page story branded the battle of Barack Obama v Mitt Romney ‘one of the most closely fought and polarised in recent history’. Looking back, that race looks like a veritable philosophy seminar, exemplary … Continue reading
Here’s the WikiLeaks Bombshell on Clinton that Is Still to Come
By Pam Martens and Russ Martens: November 8, 2016 Two partners at major law firms have likely been holding their breath since WikiLeaks released an email on November 1 showing that Obama had vetted Hillary Clinton for Vice President and the review came back “too critical,” thus leading Obama to select Joe Biden as his Vice Presidential pick during the 2008 campaign. The vetting memorandum on Clinton shows in the email thread to have been transmitted with the email but WikiLeaks has not provided it – yet. According to the email, which carries a capitalized heading of “CONFIDENTIAL,” the vetting of Clinton had been done by James Hamilton, then a law partner at Bingham McCutchen LLP. Hamilton is now a partner at Morgan Lewis, a firm with a long history of ties to Wall Street. His official bio shows that he “served as the Clinton-Gore transition counsel for nominations and … Continue reading
Latest WikiLeaks Emails Suggest CNN Really Is the Clinton-News-Network
By Pam Martens and Russ Martens: November 7, 2016 Yesterday, at 4:33 p.m., we checked at the digital front page of CNN to see how it was delivering the news that FBI Director James Comey had sent yet another letter to Congress (on a Sunday, no less). The letter indicated that the FBI had reviewed the additional emails from the private server of Hillary Clinton that were found on sext-addict Anthony Weiner’s laptop and that it had not changed its conclusions that Comey had expressed in his July statement. The July announcement from Comey found that Clinton had been “extremely careless” by transmitting information classified as Top Secret and Secret over a non secure server in the basement of her New York home while serving as Secretary of State in the Obama administration but that the investigation had concluded with no recommendation to charge her with any crime. The statement … Continue reading