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Failed Cap & Trade Auction Spikes California Bullet Train?

Failed Cap & Trade Auction Spikes California Bullet Train?
In desperation, Brown and the Legislature gave the project 25 percent of cap-and-trade auction proceeds, and officials have been weighing a construction loan secured by auction money. However, recent auctions have generated very scant returns, and without a reliable revenue stream, securing a loan would be impossible.The plunge in auction interest ...
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China Prepares For Worst On Trade Issues With America

China Prepares For Worst On Trade Issues With America
One of Reuters' sources said he thought it unlikely that Trump would label China a currency manipulator. "If he does that, China will let the yuan go, and the yuan will fall sharply," the source said. Weakening the yuan or dumping some of China's massive holdings of U.S Treasuries could be considered only when trade relations deteriorate sharply, t...
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Clinton's For-Profit School Venture On The Decline

Clinton's For-Profit School Venture On The Decline
Laureate Education, the for-profit education company with close ties to former President Bill Clinton that faces charges for being part of the the Clinton Foundation "pay-to-play"enterprise, has been in a free fall on the stock exchange since its Initial Public Offering (IPO) Feb. 1.Its 11 percent drop makes the company the second-poorest performin...
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California's Bullet Train Funding Fading Fast

California's Bullet Train Funding Fading Fast
In the first big hit to the Bay Area from the Trump administration, newly minted Transportation Secretary Elaine Chao has put the brakes on $647 million for Caltrain to go electric — and in the process pretty much killed hopes for high-speed rail coming to San Francisco anytime soon.…In a Jan. 24 letter to Chao, all 14 Republicans in the state's co...
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Pension Fund Trouble To Become Pension Fund Bubble

Pension Fund Trouble To Become Pension Fund Bubble
"This is a quiet crisis, but it's very real. There are currently 200 other plans on track for insolvency — that's going to affect anywhere from 1.5 to 2 million people," said Nyhan. "The prognosis is bleak minus some new legislative help."And it's not just private-sector industries that are suffering, he added."Municipal and state plans are the nex...
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Moonbeam's Bullet Train To Nowhere 50% Over Budget

Moonbeam's Bullet Train To Nowhere 50% Over Budget

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.

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Credit Reporting Agencies Fined $23 Million For Practices

Credit Reporting Agencies Fined $23 Million For Practices

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.

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Yahoo's Massive Hack Attack May Cost Big Time

Yahoo's Massive Hack Attack May Cost Big Time
Yahoo's stock plunged over 6 percent after the company admitted its customer data had been hacked again, with at least 1 billion accounts exposed in 2014. The horribly bad news for Yahoo followed an equally bad news report in September that 500 million e-mail account were hacked in 2013. Yahoo unfortunately now has the distinction of suffering both...
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Venezuela's Socialist Economy Collapsing

Venezuela's Socialist Economy Collapsing
Inflation in Venezuela is expected to reach 720 per cent this year, with the largest bolívar bill now worth just five US cents on the black market.Some shopkeepers have reportedly taken to weighing rather than counting the wads of cash customers hand them, and standard-size wallets have become all but useless in the socialist South American state. ...
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Fox's Me-again Explains Why Media Is Hated

Fox's Me-again Explains Why Media Is Hated
MEGYN KELLY: Uh-hm. Uh-hm. By the way, do we have that sound bite on Hillary? We had that cued up just a bit ago. Do you guys have that? Okay. We're going to get it. Howie, it's to the points now where there is swastika signs showing up about the press at the Trump rallies. The committee to protect journalists has condemned Trump now, saying, like ...
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Part Of Dodd-Frank Ruled Unconstitutional

Part Of Dodd-Frank Ruled Unconstitutional
Dodd-Frank is a massive takeover of the U.S. financial system, just as the Affordable Care Act ("Obamacare") was a takeover of the U.S. healthcare system. It was the brainchild of Sen. Elizabeth Warren, who was a professor at the time. A central part of Dodd-Frank creates the Consumer Financial Protection Bureau (CFPB), headed by a director nominat...
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Bonuses For GSA Buffoons Exposed

Bonuses For GSA Buffoons Exposed

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."

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Global Warming Huckster Caught In Scandal

Global Warming Huckster Caught In Scandal
​"The money should thus be returned to the people of Malaysia to stop the massive destruction to the environment and ecosystem from land developments and pollution," Kallang added.On Monday, Malaysian attorney and human rights advocate Ambiga Sreenevasan penned an open letter to DiCaprio similarly urging the actor to return the questionable donatio...
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Puerto Rico's Pathway For Corrupt Globalist

Puerto Rico's Pathway For Corrupt Globalist

​ 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.

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Media Billionaire Darling Busted For Fraud

Media Billionaire Darling Busted For Fraud

​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).

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Obama Hires Fraudster For VA Purchasing Job

Obama Hires Fraudster For VA Purchasing Job
​Almost immediately after Federal Bureau of Prisons Inmate #11109-017 completed a 14-month sentence for using sensitive credit card data on his previous employer's computer system to steal $70,000, he was hired by the Department of Veterans Affairs in a position that ultimately led to his present job — running an office racked with credit card frau...
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War On Free Markets

War On Free Markets

"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)

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Widespread Government Corruption!

Widespread Government Corruption!

• 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.

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Fox Guarding The Hen House

Fox Guarding The Hen House

​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."

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Market Manipulators Making Money

Market Manipulators Making Money

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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