Justice Dept Mislead Public on Mortgage Fraud Probes, Eviscerated By Inspector General

No one is going to be surprised by this news. It was pretty evident by the facts on the ground: The Justice Department has not been telling the truth about its mortgage fraud investigations and prosecutions. This pretty serious allegation has considerable weight given that it comes not from some blogger or analyst but directly from the Department’s own Inspector General.

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Kaboom…TPP Bogus Promises Just Collapsed In A Heap

It’s sort of a tiring exercise. Each time some so-called “free trade” deal comes up, the president at the time (read: Bill Clinton, George Bush and Barack Obama) trots out a whole series of phony arguments to make the case for a very bad agreement–bad if you are anything but a corporation. You have to willfully ignore past evidence to swallow the same old tired arguments used to ram through these crappy agreements. But, let’s celebrate an anniversary here to trumpet the collapse of any plausible argument being used to sell the Trans-Pacific Partnership (TPP).

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The President’s Tax Gift To Corporations Is Just Class Warfare Redux

With one hand, he giveth a few dollars to the people, and with the other hand, he showers huge corporations with a tax gift that is astounding in its…audacity? That’s how I suggest you can look at the president’s executive order to pay more workers overtime (a good thing) versus his budget proposal to…pay attention now..CUT corporate tax rates.

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Because It Can

Why does Apple avoid paying taxes? Because it can.

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Camp Fail, Fail, Fail

I know, you are shocked, shocked, shocked that the proposal from Congressman Dave Camp, the Republican chairman of the House Ways and Means Committee, is awful. But, good to have the facts on exactly why.

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Daschle Distortions

Tom Daschle wasn’t the worst Democrat you could have in the Senate–yes, a back-handed compliment. Kind of populist on some issues. But, since he was defeated for re-election, he’s turned into a real corporate hack mouthpiece. Especially on trade.

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It’s Not Wage Stagnation, It’s Wage Robbery

You take for granted that the malevolent Koch Brother billionaires and FOX will go all out to keep robbing workers. That’s just what they do. But, a much more pernicious danger undercutting workers is the inaccurate way in which the traditional “liberal” media and a whole raft of politicians describe what has happened to wages. It’s typically referred to as “wage stagnation”. That is false: it’s wage robbery.

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Clinton-Obama Made The SAME Mistake on Healthcare, Nothing to Do With Complexity

I don’t mind disagreeing with opponents on the merits of one proposal versus another. But, I have very little tolerance for just lying about the facts or, at best, muddling the truth about the reality. And, so, it is with healthcare: the continuing myth, promoted by both the political and media jabbering low-minds, that the president and his former Secretary of State both made the same mistake on health care–they opted for something too “complex” “inflexible”, “secretive” or “socialistic”, or a combination of all of the aforementioned descriptions.

It’s utter nonsense. They did make the same mistake–but it had nothing to do with complexity. It was entirely their immoral unwillingness to confront two powerful industries that have relentlessly killed hundreds of thousands of people, either by bankrupting those people or literally denying them care.

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NOT BREAKING: Corporations “Pay Little or No Federal Income Taxes”

It’s new data but not a new revelation because this bit of news is nothing we haven’t already become accustomed to. Corporations are robbing the country, robbing because corporations pocket profits made possible from all the investments in human and physical capital made thanks to taxes regular people pay but the same corporations do squat when it comes to paying a fair share.

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Does the White House Really Think People Are That Stupid?

C’mon, seriously, has it gotten to the point of such desperation to pass middle-class crushing, poverty-enhancing trade deals that drive inequality that the White House treats its allies, members of Congress and activists as if they are idiots? That’s a rhetorical question.

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Government Hid Key Points In JP Morgan Deal

For the price of a measly $20 billion, the government left JP Morgan Chase walk away from the responsibility of helping fuel the wreckage that became the global financial crisis–and, to boot, it paved the way, incomprehensibly, for Jamie Dimon to get a big fat pay raise(long live the American free market!!!). Now, an important suit by Better Markets has been filed to potentially undo the deal, or, at least, force a more honest, open discussion about what the government’s cheap stay-out-of-jail, sock-it-to-the-customers actually says.

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TPP-Loving Democrats (Read: POTUS) Help DRIVE Inequality

Excuse me while we interrupt the hocus-pocus exercise of throwing a meager bone to a few workers on the minimum wage (a proposal, by the way, that is pathetic at $10.10 an hour) to point out: the few cents you think you are putting into a person’s left pocket by hiking a smidgen the minimum wage you are, then, yanking out of that person’s right pocket a whole lot more by promoting the horrendous Trans-Pacific Partnership (TPP) and its malignant so-called “free trade” predecessors.

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Pete Seeger, Activist

Pete Seeger’s music and the inspiration and hope he gave to so many will be the highlights, correctly so, of what many people remember about him. But, I’d like to make sure that we remember the singular aspect about Pete Seeger that really makes him unique: the activist.

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Will ANY Democrats Say A Word About Dimon’s Huge Pay Hike?

The silence is pretty amazing. The man most responsible, or at least, a central player, in the greatest financial crisis in generations–a crisis that cost tens of millions of people around the globe their jobs and their futures–gets a whopping RAISE…and not a single political leader has stood up to challenge the generosity of the “free market”. This is corruption writ large. And, yet, not a word from the White House, not a word from any figures, future presidential candidates or otherwise, to take on what is a big middle finger to the entire American public.

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Jamie “I Put Millions Out Of Work” Dimon Gets A Raise

Par for the course. Though you would be right to say “you have got to be kidding,” the truth is that the signal has been sent from the White House and from most of Congress that the bankers will not go to jail and they will not bear any personal cost of causing the greatest financial crisis in generations, a crisis that cost millions of people their jobs, thei retirement, their dignity and their futures. And the crystal clear example, from the outset, has been Jamie Dimon. He’s getting a big fat raise.

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85 Peoples’ Wealth=Half The World

Not a new idea but worth spotlighting on MLK Day that class warfare is forging ahead. Oxfam, in anticipation of the gathering of the Masters of the Universe at Davos, tells us this nugget: the richest 85 people have the same wealth as 3.5 billion people, half the population of the world.

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