Sen. Gregg Compares Health Care Reform To Freddy Krueger

The Mortgage Backed Security Fraud Snowball

Banks May Face $97 Billion Loss From Mortgage Mess
By Kate Kelly
http://www.cnbc.com/id/39870708

Pork for Me, Scraps for You, Is A Tragedy of the Commons

Pork for Me, Scraps for You, Is Tragedy: Caroline Baum
By Caroline Baum

Tea Party candidates who ride into Washington on a wave of anti-incumbent fervor will face the same skewed spending incentives as their predecessors. In their zeal to represent the common man, they may just compound the common tragedy.

http://www.bloomberg.com/news/2010-10-27/pork-for-me-scraps-for-you-tragedy-for-all-commentary-by-caroline-baum.html

The Only Budget Options are Borrowing, Taxing, and Cutting

The Only Budget Options are Borrowing, Taxing, and Cutting
Charles M. Arlinghaus

Over the last two budget cycles, New Hampshire’s tax revenue’s have been flat. In the 2006-2007 biennium, tax and fee revenues for the general and education funds were $4.47 billion while the current 2010-2011 budget is projected to be $4.45 billion. Despite that tiny drop, spending increased at historically average rates growing from $4.4 billion to $5.1 billion.

http://newhampshire.watchdog.org/7197/the-only-budget-options-are-borrowing-taxing-and-cutting/

Stop the Invasiveness of the Body Scanners

Stop the Invasiveness of the Body Scanners
by Mike Miller

“I don’t know why everybody is running to buy these expensive and useless machines. I can overcome the body scanners with enough explosives to bring down a Boeing 747. That’s why we haven’t put them in our airport. — Rafi Sela, leading Israeli airport security expert, referring to Tel Aviv’s Ben Gurion International Airport, which has some of the toughest security in the world.

The “Stimulus” money the federal government stole from you is paying for potentially dangerous and invasive body scanners at our airports. Congress is planning on purchasing more of these scanners in the coming year.

http://libertymaven.com/2010/10/27/stop-the-invasiveness-of-the-body-scanners/10833/

The Subprime Debacle: Act 2, Part 2

The Subprime Debacle: Act 2, Part 2
By John Mauldin

What Happens When the Biggest Banks Are Convicted of Fraud?

http://www.ritholtz.com/blog/2010/10/the-subprime-debacle-act-2-part-2/

Department of Education Seeks to Regulate Higher Education

Department of Education Seeks to Regulate Higher Education
William A. Estrada, Esq.

A recently proposed regulation would give the federal Department of Education unprecedented authority over all colleges and universities—even private ones.

http://www.hslda.org/docs/news/201010250.asp

The final regulation will be issued on November 1, 2010.

Kelly Ayotte and Paul Hodes: No Response to Liberty Survey

New Hampshire Candidate Surveys
http://www.campaignforliberty.com/candidatesurvey.php?state=NH

Treasury Hid AIG Losses by Keeping Two Sets of Books

Treasury Hid A.I.G. Loss, Report Says
MARY WILLIAMS WALSH

The United States Treasury concealed $40 billion in likely taxpayer losses on the bailout of the American International Group earlier this month, when it abandoned its usual method for valuing investments, according to a report by the special inspector general for the Troubled Asset Relief Program

http://www.nytimes.com/2010/10/26/business/26tarp.html

America: The Fraud-Backed Banking System

Right Turn Seen in Granite State

Right Turn Seen in Granite State
Polls Show Republicans With Upper Hand as Voters Tire of Democratic Dominance in New England

http://online.wsj.com/article/SB10001424052702303496104575560291341344182.html

Employee Free Choice Act – The campaign issue Paul Hodes wishes would go away

Employee Free Choice Act – The campaign issue Paul Hodes wishes would go away
by Shawn Millerick

The EFCA issue came up again in Monday’s Manchester Chamber/AARP debate, with Kelly Ayotte calling it a major area of distinction between her and Hodes. Ayotte’s primary opponent Ovide Lamontagne made card check one of his campaign issues, and Ayotte’s rhetoric made it sound like she could do the same. It’s clearly a vulnerable spot for Hodes and other Democrats, and could end up being the final nail in the Paul Hodes coffin.

http://www.nowhampshire.com/2010/10/19/employee-free-choice-act-the-campaign-issue-paul-hodes-wishes-would-go-away/

Gene Munster: Android-Based Tablets Will Beat Out Apple's iPad

Gene Munster: Android-Based Tablets Will Beat Out Apple's iPad

Read more: http://www.businessinsider.com/category/video#ixzz13DA16tOJ

Clear Capital Home Price Survey

Tea Party to the Rescue

Tea Party to the Rescue
How the GOP was saved from Bush and the establishment.

http://online.wsj.com/article/SB10001424052702304023804575566503565327356.html

Foreclose on the Foreclosure Fraudsters, Part 1: Put Bank of America in Receivership

Foreclose on the Foreclosure Fraudsters, Part 1: Put Bank of America in Receivership
William K. Black and L. Randall Wray

In other words, to keep the investors at bay the foreclosing banks must manufacture fake documents. If the original documents do not exist the securities might be ruled no good. If the original docs do exist they will demonstrate that proper underwriting was not done -- so the securities might be no good. Foreclosure fraud is the only thing standing between the banks and Armageddon.

This is a very serious allegation.

http://www.huffingtonpost.com/william-k-black/foreclose-on-the-foreclos_b_772434.html

Why Is Due Process a Big Problem for Banks?

Why Is Due Process a Big Problem for Banks?
By Barry Ritholtz

That has been why I have been hammering the fraudclosure issue so hard — my focus is on the rule of law, property rights and due process. The banks expediency needs does not mean that they get to throw away centuries of laws because they are inconvenient.

http://www.ritholtz.com/blog/2010/10/why-is-due-process-a-big-problem-for-banks/

James Cameron's Lifestyle vs. His Opposition of California's Proposition 23 for Suspension of Global Warming Law

18 Iconic Products That America Doesn't Make Anymore

18 Iconic Products That America Doesn't Make Anymore
Anika Anand and Gus Lubin

Simple products like lightbulbs are not manufactured ANYWHERE in America. Even the shirt on your back is almost certainly not made in this country, unless it comes from a few craft companies.

http://www.businessinsider.com/basic-products-america-doesnt-make-2010-10

Banks Face Two-Front War on Bad Mortgages, Foreclosures

Banks Face Two-Front War on Bad Mortgages, Foreclosures
By John Gittelsohn and Jody Shenn

Shoddy mortgage lending has led bankers into a two-front war, pitting them against U.S. homeowners challenging the right to foreclose and mortgage-bond investors demanding refunds

. . .

Richard M. Bowen, former chief underwriter for Citigroup’s consumer-lending group, said he warned his superiors of concerns that some types of loans in securities didn’t conform with representations and warranties in 2006 and 2007.

“In mid-2006, I discovered that over 60 percent of these mortgages purchased and sold were defective,” Bowen testified on April 7 before the Financial Crisis Inquiry Commission created by Congress. “Defective mortgages increased during 2007 to over 80 percent of production."

80 Percent Defective!!!

http://www.bloomberg.com/news/2010-10-21/banks-face-two-front-war-on-bad-u-s-mortgages-flawed-foreclosure-process.html