Author: Admin

Raw Story – by George Chidi

J.P. Morgan will settle civil lawsuits related to mortgage bond matters with the U.S. Department of Justice for a record $13 billion, sources have told Bloomberg, The Wall Street Journal and other outlets.

In a call last night, U.S. Attorney General Eric Holder and J.P. Morgan negotiators tentatively settled on terms after the bank offered an additional $2 billion, according to reports.   Continue reading “Report: JP Morgan Chase to pay $13 billion to settle residential mortgage bond lawsuits”

Bloomberg – by David M. Levitt & Kelvin Wong

JPMorgan Chase & Co. (JPM) has agreed to sell 1 Chase Manhattan Plaza, the tower built by David Rockefeller, to Fosun International Ltd., the investment arm of China’s biggest closely held industrial group, for $725 million.

Fosun, which invests in properties, pharmaceuticals and steel, is buying the 60-story, 2.2 million square-foot, lower Manhattan tower, according to a statement it filed to Hong Kong’s stock exchange.    Continue reading “JPMorgan Sells Chase Manhattan Plaza in NYC to China’s Fosun”

When it all comes down, here are some rules of survival to govern all areas of your post apocalyptic life: 

1. Avoid other people: Establish a base camp away from populated areas. People are loud, noisy and in times of stress they will have no problem stealing your food/wife/water/weapons/clothes.

2. Have an escape plan. Your camp may become overrun, so you need a back-up. A safe haven to slip away to. This must be known by no more than 3 people for sake of security. Ensure your safe haven is well stocked, hidden and fortified as much as possible.   Continue reading “Surviving the Apocalypse”

The Onion – [SATIRE]

WASHINGTON—Disoriented and “freezing his goddamn nuts off,” a naked Vice President Joe Biden reportedly awoke Thursday morning on an autopsy table in the Office of the Chief Medical Examiner, White House sources confirmed.

“Huh?” said Biden, shooting bolt upright in the darkened morgue among a row of unidentified male corpses. “What the hell? What’s going on? Ah, Christ. You gotta be fucking kidding me.”   Continue reading “Nude Biden Wakes Up On Cold Slab In D.C. Morgue”

New York Post Page Six – by Emily Smith

Action star and former California Gov. Arnold Schwarzenegger has been lobbying for support to change the law to allow him to run for president in 2016, Page Six has exclusively learned.

We’re told Ahnold has been openly talking about his political ambitions while in New York to promote his new movie with Sylvester Stallone, “Escape Plan.”   Continue reading “Arnold Schwarzenegger lobbies for White House run”

Examiner Editorial

Saving General Motors from bankruptcy was among President Obama’s most frequently cited achievements when he ran for re-election last year. Democrats everywhere touted the company’s revival as proof of the 2009 bailout’s wisdom. That was then. Now, Obama has quietly released the auto manufacturer from a bailout requirement that it increase its production in the U.S. Instead, GM is spending billions of dollars building up its production capacity in … China.   Continue reading “GM got bailout, now ships jobs to China”

Fox News

SAN FRANCISCO –  Racial tensions and gang problems were plaguing a Northern California high school when three students arrived for classes in 2010 wearing American flag T-shirts on Cinco de Mayo.

Unpleasant verbal exchanges and altercations marked the previous year’s Cinco de Mayo celebrations at Live Oak High School in Morgan Hill, 20 miles south of San Jose. So when students told administrators that trouble was a possibility because of the American flag attire, the students were ordered to turn their shirts inside out or go home.   Continue reading “Appeals court to consider Calif. school’s Cinco de Mayo American flag ban”

MSNBC – by Alexander Smith

A car and a police cruiser collided at an intersection northwest of central Columbus, Ohio, early Friday, killing six people and injuring a police officer, officials said.

The police officer was responding to reports of a robbery at a McDonald’s in the suburb of Upper Arlington, police told the Columbus Dispatch newspaper.   Continue reading “Six killed in Columbus, Ohio police car crash”

Veteran Today – by Jonas E. Alexis

James Madison, back in 1795, prophetically underscored a central point that must be echoed here at this critical time in our history, when the debt ceiling crisis has already reached a point of no return.[2]

Madison declared that “the testimony of all the ages forces us to admit that war is among the most dangerous of all enemies of liberty.”[3]   Continue reading “Perpetual Wars and the Dreadful Few–”The Jews” (Part I)”

Washington Post – by Eric Yoder

The budget measure that ended the partial government shutdown allows for a 1 percent raise for federal employees in January in addition to providing back pay for those furloughed, according to two Democratic Maryland senators.

“The promise of a modest pay raise and back pay for furloughed government employees are good first steps in recognizing the value of federal workers,” said Sen. Barbara A. Mikulski, chairwoman of the Senate Appropriations Committee in a joint statement with Sen. Ben Cardin.   Continue reading “Budget deal allows for January federal pay raise”

JUDICIAL REFORM:  All valid evidence stands.  To convict the innocent is a crime in itself and the worst of all possible situations involving order within the society, but is a crime against only the person or persons involved.  However, to allow the guilty to go free to continue their crimes, is a gross absurdity, and in fact is a crime against the whole of society.  If evidence is obtained unethically or illegally, that is dealt with as a separate issue.

ELECTION REFORM:  The first three things that must be acted on in campaigns-
a.    All money for any campaign must come from the district of that campaign, and very definitely no money can cross state lines.
b.    Shorten the election cycle.  For elections in November all primaries begin in   June.
c.    Limits on campaign spending,(overall election reform was discussed in a 2 part series 1/24/92 & 2/7/92 in the North Chicago Tribune).   Continue reading “Ideas for Problem Resolution”

The Daily Caller – by Robby Soave

Sixth graders were initially terrified to learn that a masked gunman was on the prowl inside their North Carolina middle school.

But once they learned the gunman was a school employee unwittingly putting them through an emergency preparedness exercise, their minds were set at ease — and their parents became the terrified ones.   Continue reading “Insane school unleashes fake masked gunman for civics experiment”

All Gov – by Noel Brinkerhoff

The Federal Bureau of Investigation’s (FBI) new facial recognition system is far from flawless. The technology can accidentally target an innocent person up to 20% of the time, according to a 2010 report (pdf) just released.

The FBI document, obtained by the Electronic Privacy Information Center, revealed the effectiveness (and ineffectiveness) of the agency’s “Next Generation Identification” (NGI) system.   Continue reading “FBI’s Facial Recognition System Targeted an Innocent Person up to 1 out of 5 Times”

Washington Post – by Scott Wilson and Juliet Eilperin

President Obama, fresh off a trouncing of congressional Republicans over the government shutdown, plans to renew his push for immigration legislation in the House while also pressing ahead with climate change policies and efforts to fix problems plaguing his signature health-care program.But White House officials also acknowledged that many Republicans, particularly in the House, remain ardently opposed to much of Obama’s agenda and may be unwilling to help him accomplish key legislative goals.   Continue reading “Obama plans to renew immigration, climate change efforts”