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“In the latest of many examples of the fraud that has infested the presidents stimulus plan is $1 million in spending cash for incarcerated murderers and rapists and a $15 million infusion for a seldom-used checkpoint in a remote Great Plains town with influential politicians. “
Merrill Lynch, Deutsche Bank Defer IPO Fees for REITs
“Bank of America Corp., Deutsche Bank AG and Credit Suisse Group AG are deferring underwriting fees for initial public offerings by mortgage-investment companies after buyers balked at the deals.”
“The hypocrisy of the media in giving a permanent platform for the same 95% of the professionals who got the biggest call in 75 years wrong is mind boggling. And then you have the nerve to elevate them to a status of honored observers once again when it was their blindness that was the cause of this mess in the first place.”
California property values fall for the first time in 76 years
” Tax officials reported Tuesday that total statewide property values fell by 2.4% in the latest fiscal year, the first such drop since California began keeping records 76 years ago in the depths of the Great Depression.”
“And there’s zero bold action and even less out of the box thinking involved in the life and times of Ben B. How nonsensical would you like it today? Ben Bernanke is nothing but an accountant who lacks any kind of vision and insight. Which suits the people who seated him on his throne just fine.”
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