Krugman. Do we still have rule of law?
The mortgage mess is making nonsense of claims that we have effective contract enforcement — in fact, the question is whether our economy is governed by any kind of rule of law. The fix is in, and at a very…
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Category Banksters
White House insiders think it’s over for Obama, NY Times
Yet even if the White House saw it coming, this is an administration that feels shellshocked. Many officials worry, they say, that the best days of the Obama presidency are behind them. They talk about whether it is time to…
49 states to investigate foreclosure-gate
Meanwhile, the Obama Administration says this is just a record-keeping problem and they expect it will be straightened out soon. Hey, that’s just what one of their bankster buddies says too! JP Morgan also says not to worry about this…
Feds order HSBC to boost money-laundering controls
But we’ll have none of those tacky criminal indictments, just more wrist-slaps and fines. After all, we can’t be roiling the markets by implying that banksters are gangsters. Oh, wait…
It’s so hard to tell organized crime from bankers now
How subprime mortgage processing works, via the fine folks at Zero Hedge