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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
Search Results for: koch
In Two Presidential Elections, An Anti-Muslim Film Has Emerged Exactly 7 Weeks Before the Polls Open
By Pam Martens: September 14, 2012 The incendiary anti-Islam film, Innocence of Muslims, is being widely blamed for sparking anti-U.S. demonstrations in the Middle East, leading to the death of Ambassador Chris Stevens and three others in Libya. This morning, according to NBC News, a Federal law enforcement official has confirmed that the shadowy Sam Bacile, the producer of the film, is really Nakoula Basseley Nakoula, an ex-con on probation for financial crimes. Nakoula produced an amateurish documentary that was screened in one tiny theatre, with a trailer released on the internet. That limited circulation stands in sharp contrast to another Islamophobic film that was broadly circulated in 2008 by mainstream newspapers with financial backing from a nonprofit group with ties to the Koch brothers. In the Fall of 2008, in the leadup to the Presidential election, approximately 100 newspapers and magazines in the U.S., including the New York Times, Wall Street Journal, Miami Herald, … Continue reading
America By the Numbers — A National Disgrace
By Pam Martens: September 13, 2012 The U.S. Census Bureau reported yesterday that annual household income fell in 2011 for the fourth straight year to an inflation-adjusted $50,054. That figure is 8 percent lower than in 2007 and 1.5 percent lower year over year. The $50,054 figure represents the Nation as a whole. The West and the Midwest showed even sharper declines year over year, losing 4.1 and 2.1 percent, respectively. The U.S. poverty rate, which is defined as an annual income of $23,021 for a family of four, was 15.0 percent in 2011 versus 15.1 percent in 2010. That figure translates into 46.2 million of our fellow Americans living in poverty – a national disgrace by any interpretation. On September 22, 2010, Forbes magazine released its annual list of the 400 richest Americans. Their combined net worth climbed 8% that year, to $1.37 trillion. More recently, from 2010 to … Continue reading
Tainted Wall Street Reporters:1932-2012
By Pam Martens: August 11, 2012 There is growing evidence that Wall Street and other corporate money is finding its way into the pockets of business reporters today, just as evidence surfaced in 1932 of bribes to reporters at the New York Daily News, Wall Street Journal, New York Times, New York Herald Tribune, New York Evening Post and others. Yesterday, Yasha Levine and Mark Ames of ExiledOnLine.com published a stunning investigative report of a deeply compromised Adam Davidson, host of NPR’s Planet Money. On September 12, 2011, we reported that CNBC’s Larry Kudlow had pocketed $332,500 from the Koch funded Mercatus Center without disclosing it to viewers of his program. On July 2 of this year, we reported that Andrew Ross Sorkin, of the New York Times and CNBC, attempted to downplay the need for restoring the Glass-Steagall Act by reporting that Lehman Brothers, Merrill Lynch, and AIG had … Continue reading
Taking On the Oligarchs at ExiledOnLine.com
Mark Ames and Yasha Levine have been breaking story after story at ExiledOnLine.com showing that the U.S. is looking more and more like the Russian oligarchy. Listen to what happened when they broke the story at Playboy of the Koch funded front groups.
Financial Services Chair Bachus: “This Is How the System Is Supposed to Work” [Is This Man on Bath Salts?]
By Pam Martens: July 1, 2012 Spencer Bachus is the Chairman of the powerful House Financial Services Committee. On June 19, 2012, Bachus issued a press release that carried his opening remarks for the hearing on JPMorgan’s $2 billion (and growing) losses. The final sentence of that prepared text read as follows: “Before closing, once again I want to re-emphasize the point that JPMorgan and its shareholders – not the bank’s clients, and more importantly, not the taxpayers – are the ones paying for the bank’s mistakes. This is how the system is supposed to work.” This is how the system is supposed to work? Maybe for the Russian Mafia or in some dystopian universe where only descendants of the Koch brothers are permitted to live. But here in America, those who have not yet had a Fox News lobotomy, believe this is exactly how the system is not meant to … Continue reading
Mark Ames: How the ACLU and Human Rights Groups Quietly Exterminated Labor Rights
Mark Ames, at Exiled Online, has a must read piece, The Left’s Big Sellout: How The ACLU & Human Rights Groups Quietly Exterminated Labor Rights. Here’s a snippet: “Progressive intellectuals have been acting very bipolar towards labor lately, characterized by wild mood swings ranging from the ‘We’re sorry we abandoned labor, how could we!’ sentiment during last year’s Wisconsin uprising against Koch waterboy Scott Walker, to the recent ‘labor is dead/it’s all labor’s fault’ snarling after the recall vote against Gov. Walker failed.”
MF Global: The Untold Story of the Biggest Wall Street Collapse Since Lehman
By Pam Martens: April 21, 2012 Only on Wall Street can you bankrupt a company; misplace $1.6 billion of customers’ money; lose 75 percent of shareholders’ money in two weeks; speed dial a high priced criminal attorney and get a court to authorize the payment of your multi-million dollar legal tab from the failed company’s insurance policies; have regulators waive your requirements to take licensing exams required to work in the securities and commodities industry; have your Board of Directors waive your loyalty to the firm; run a bucket shop out of the UK; and still have the word “Honorable” affixed to your name in a Congressional investigations hearing. This is not a flashback to the rotting financial carcasses of 2008. This putrid saga has been playing out in five Congressional hearings since December with the next episode scheduled for Tuesday, April 24, before the Senate Banking Committee under the … Continue reading
Wall Street Marches To Its Own Anthem
By Pam Martens: March 26, 2012 The high priestess of corporate deregulation and free markets, Ayn Rand, wrote a novella in the 1930s. It was published in the U.S. in 1946 under the title, Anthem, by a corporate front group, a precursor to today’s astroturf groups. Anthem is currently being pumped into high schools across the U.S. and Canada with financial inducements to both teachers and students by a corporate funded nonprofit that has the financial support of some of the largest hedge funds in the U.S. The book presents a frightening dystopian world produced by the ever present Randian trademark – an out of control government. People are known by numbers instead of names; individual rights have been eviscerated. To break the will of the individual, uttering the word “I” results in being burned alive in the town square. (Charming high school literature.) What has happened today, however, proves … Continue reading
Ayn Rand: The Tea Party’s Miscast Matriarch
By Pam Martens: February 27, 2012 Gary Weiss, long time Wall Street reporter and author, has written a new book, due out this week from St. Martin’s Press, on the rising influence of Ayn Rand in modern politics. Titled Ayn Rand Nation: The Hidden Struggle for America’s Soul, the book removes the propaganda mask that has been so adroitly affixed to Alan Greenspan’s page-boy coiffed goddess of laissez-faire capitalism and the Tea Party’s mother ship. While lecturing others for most of her life on the meaning of morality, Rand had extramarital sex for more than a decade with a younger man who worked for her. His wife was among her inner circle of friends and Rand herself was married. A believer in acquiescence to selfish desires, Rand published a 1964 collection of essays with Nathaniel Branden titled The Virtue of Selfishness: A New Concept of Egoism. Adding particular poignancy to … Continue reading
Is the Cato Institute for Real? Follow the Republican Money
By Pam Martens: March 12, 2012 Public relations experts understand one thing about a messy legal battle: the side that triumphs in public perception from the outset can leverage the momentum. Right now, that momentum is clearly with the Cato Institute in its court fight to prevent the oil billionaires, Charles and David Koch, from gaining majority control of the libertarian think tank through a shareholder lawsuit. Yes, I said “shareholder.” This nonprofit, subsidized by taxpayers, is currently 50 percent owned by the Koch brothers and if they win in court, they will become majority owners as a result of a tricked up contract and the death of a 25 percent owner last October. The Cato Institute, in a week’s time, has transformed its image from a pro deregulation, pro Social Security privatization, anti Federal school lunch, anti minimum wage, anti collective bargaining think tank taking tens of millions from … Continue reading