Trump advisers back deregulation, privatized social security

"We're not going to hurt the people who have been paying into Social Security their whole life," Trump declared, calling the payment of promised benefits "honoring a deal." But the man heading the Trump transition team's Social Security effort? Michael Korbey, a former lobbyist who has spent much of his career advocating for cutting and privatizing the program.

Erickson Incorporated Files Chapter 11

Erickson Incorporated and certain of its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division. During the Chapter 11 process, Erickson will operate in the ordinary course of business and with the same commitment to safety, compliance, and customer service that its partners are accustomed to.

Queens Bankruptcy Attorney Bruce Feinstein, Esq. Explains Chapter 11…

Bruce Feinstein, Esq., an experienced bankruptcy attorney in Queens, New York, speaks about recent news from agencies like Politifact that have shed light on Donald Trump's various bankruptcies. With the first 2016 presidential debate over and the U.S. presidential campaign coverage reaching a fever pitch, various personal topics about both major party candidates have been covered.

Trump’s Financial Moves In The ’90s: ‘Genius’ Or ‘Colossal Failure’?

Most Americans remember the 1990s as a prosperous time when companies were expanding, wages rising and stock prices soaring. In 1997, Fortune magazine published a story headlined: "These Are The Good Old Days ... The U.S. Economy Is Stronger Than It's Ever Been Before."

Walker County, Ga., Appeals Ruling That It Pay Erlanger over $8 Million On Hutcheson Debt

Walker County has filed a notice of appeal to the 11th Circuit Court of Appeals on the ruling by Federal Judge Harold Murphy that the county pay Erlanger Health System over $8 million related to the Hutcheson Hospital bankruptcy.

California Attorney: Dallas Judges Shred Constitution, Steal Millions

Wooden justice gavel and block with brass. In a series of events most would normally dismiss as outlandish, one American citizen was launched from civil court into a legal limbo where for years he was deprived by a federal judge of counsel, property, speech and travel.

Nick Denton ‘Guilty’ Posters Pop Up on New York City Streets

Posters depicting Nick Denton behind bars were spotted on the streets of New York City this morning. The posters say "guilty" in large font at the top and claim to be produced by "women against revenge porn," also known as W.A.R.P. The posters appear to list a set of "crimes" including "publishing nude photos of a minor, criminal invasion of privacy, lying to a federal judge, blackmail, extortion, stalking, revenge porn."

Honours system ‘is a bargain for the taxpayer’…claims Sir Desmond Swayne

'Anna was the first girl I ever kissed.' College student told police he killed his ex and two others at Washington house party because he was jealous after seeing his 'dream girl' with another guy Pest-control giant Terminix pays out $87m to family left paralyzed by fumes that exterminators sprayed in their luxury Caribbean vacation condo Gawker Media founder Nick Denton files for personal bankruptcy listing debts of over $280million in wake of Hulk Hogan lawsuit Wikileaks chief says he has 'quite a lot of material' from Hillary's campaign and will release it in stages for maximum publicity Why MEAT is as bad for your waistline as sugar: Protein is fuelling the obesity crisis and 'should come with a warning label' Zika crisis in Florida: Officials report ten locally transmitted cases and say mosquitoes 'have now infected 14 people' in Miami The story of Humayun Khan: The UVA-educated ... (more)

Robert B. Reich: The huckster populist

As we've seen this bizarre political year, the biggest force welling up is rage against insider elites in both parties and against the American establishment as a whole - including the denizens of Wall Street, large corporations and the mainstream media. Now, with Bernie Sanders essentially out of the race, Donald Trump wants Americans to believe he's the remaining anti-establishment candidate.

Congress approves Puerto Rico debt rescue package

Congress approved a rescue package Wednesday to help Puerto Rico escape a sea of debt, tossing a lifeline to the island territory just two days before it faces default on a $2 billion bond payment. Senators approved the rescue package, 68-30, turning back vociferous objections from liberal lawmakers who said the bill imposes colonial rule on average Puerto Ricans, and from conservatives who said the legislation will end up stiffing the bondholders who bought the territorial government's debt.

Fed rebuts GOP claim that Dodd-Frank is too soft on banks

A Federal Reserve official went out of his way Wednesday to rebut Republican criticisms of the new financial regulations, by saying the central bank has made progress toward ending the problem of "too big to fail" banks. Republicans have argued that bankruptcy is the best option for banks, instead of having the government wind them down, and have also said the Dodd-Frank financial reform law enshrines the problem of too-big-to-fail banks because they can be saved by the government if they fail.

Here’s how Clinton could hit Trump on his real estate record

After a report emerged last week that the Democratic National Committee's security had been breached by Russian government hackers, a document surfaced yesterday that many are saying is the Democratic Party's official opposition research on presidential candidate Donald Trump. Through more than 200 pages, the oppo book mostly consists of news clips and interviews with Trump over the last three decades.

With benefits at risk, coal miner union rallies –

Thousands of retired coal miners rallied Tuesday in Kentucky to call on Congress to protect their benefits as the industry struggles and operators seek bankruptcy protection from debts. United Mine Workers president Cecil Roberts told the gathering in Lexington of about 4,000 members from seven states that miners spent their lives working in dangerous places to provide the nation's electricity and steel.