California's bullet train could cost taxpayers 50% more than estimated — as much as $3.6 billion more. And that's just for the first 118 miles through the Central Valley, which was supposed to be the easiest part of the route between Los Angeles and San Francisco.
After a lengthy investigation, the Consumer Financial Protection Bureau reports that two of the three major credit reporting agencies have deceived consumers.
Both Equifax and Transunion were dinged for deceit and also for taking advantage of consumers. The agencies were fined over $23 million.
Related videos showed GSA officials rapping and playing with explosives a la Mission Impossible. They also included a video in which a "GSA employee tries conducting a seminar for a room full of screeching GSA employees/monkeys who continue drinking and partying until he joins them in a dance routine."
Fearing that allowing the San Juan government to wash their hands of over $70 billion in debt would set a dangerous and costly precedent, the House instead passed a measure that will give a control board the ability to right the island's wayward ship.
Finally, the question everyone should be asking is who enabled this fraud for so many years? The simple answer: everyone, and especially those who have an agenda to conduct one endless infomercial for a product that ended up being an epic fraud. Here is a sample (courtesy of Bruce Quinn).
"The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States." (Sen. Barry Goldwater)
• HUD officials have channeled at least $429 million in Section 4 funds for "capacity building" among anti-poverty activists groups. Neither HUD nor Congress, according to Barton, have ever audited the program.
21st Century Fox/News Corp. ranks ninth on the list of the top "corporate and union donors to the Clintons over two decades," according to a little-noticed list compiled by The Wall Street Journalin 2014. The list counts donations from "companies, foundations, and employees."
Of course China won't be able to arrest Soros and beat a confession out of him like Beijing is fond of doing to others suspected of launching "malicious" short attacks, but the brash commentary does indicate that Chinese authorities are becoming increasingly sensitive to suggestions that a steeper RMB devaluation is a foregone conclusion.
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