Federal authorities say a man charged in the 1999 abduction and sexual assault of a Seymour girl assumed the identity of a car crash victim as he avoided arrest until this week in Oregon. He had been living under the name of an Indiana boy who had been killed in a car accident in 1975.
Category: Personal Finance
Tax help breaks legislative ice, but bigger fights loom
Minnesota Governor Mark Dayton addresses reporters Tuesday morning prior to the start of the 2017 Minnesota State legislative session. The Democratic Governor will face stiff challenges in his final two years with Republicans controlling both the house and the senate.
Welcome to Psychopathocracy
We are now on the brink of a new form of government, undreamed of by Aristotle, who spoke of monarchy, aristocracy and democracy. We are headed to a psychopathocracy, which has something in common with the degraded form of classical regime types that Aristotle warned against .
Quicken Loans founder accuses DOJ of shakedown
Quicken Loans founder Dan Gilbert, whose company has refused to settle a lawsuit with the Department of Justice, said he’s looking forward to new leadership under President-elect Donald Trump. The Justice Department sued Quicken in 2015 following a three-year investigation, claiming the Detroit-based company approved hundreds of mortgages backed by the Federal Housing Administration that didn’t meet federal guidelines.
Alibaba tells Trump about U.S. store plan for China e-shoppers
Alibaba Executive Chairman Jack Ma met U.S. President-elect Donald Trump on Monday and laid out the Chinese e-commerce company’s new plan to bring a million small U.S. businesses onto its platform to sell to Chinese consumers over the next five year, an Alibaba spokesman said. ) expects the initiative to create a million U.S. jobs as each company adds a position, company spokesman Bob Christie said in a phone call.
Vern Buchanan to head Ways and Means investigative subcommittee
The watchdog panel has investigative authority over issues like health care, the IRS, taxes, Social Security and Medicare, which all fall under the full committee’s jurisdiction. “I look forward to chairing this important watchdog panel that will monitor government’s largest federal agencies and programs,” Buchanan said in a statement.
Bernie Sanders enlists extra-large Trump tweet for senate fight – CNET
Donald Trump ‘s tweeting was a big topic over the past year, especially since he became the president elect. Now, his tweets have literally entered the political arena.
Bernie Sanders Holds Donald Trump Accountable For His Health Care…
On Wednesday, Bernie Sanders pulled an amazing move when he presented the senate floor with a massive printout of a 2015 tweet Donald sent promising not to cut funding for medicare and medicaid. In case you weren’t following, the Senate is currently in the process of debating whether or not to repeal Obamacare, so the savage exposA couldn’t come at a better time.
Loebsack Statement on Being Sworn in at the Beginning of the 115th Congress
Congressman Dave Loebsack released the following statement today on the gaveling in of the new 115th Congress. Loebsack also comments on the House Republicans’ efforts to gut the independent Office of Congressional Ethics in their first act of the new Congress.
Why are Chicago homeowners leaving money on the table?
The city gave 155,000 middle- and low-income homeowners a one-time chance to significantly soften the blow of a property tax hike. But few have taken the opportunity.
Laurence Fink: The Trillion-Dollar Deadhead
Among the current crop of Wall Street financiers, Laurence “Larry” Fink has received the greatest number of awards and plaudits. He is the CEO and Chairman of BlackRock , the world’s largest multinational investment management corporation.
Republicans primed for push to dismantle Obama’s policies
Members of the 115th Congress will be sworn in at noon Tuesday, setting off an aggressive campaign by Republicans who control the House and Senate to dismantle eight years of President Barack Obama’s Democratic policies. The first and biggest target is Obama’s signature health care law, which Republicans have long sought to gut and blamed as a primary cause for a economic recovery.
Republicans primed for push to dismantle Obama’s policies WASHINGTON…
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Letter writer argues politicians cause excessive pensions
There are some very good points in the Dec. 22 editorial, “CalPERS keeps loading taxpayers with pension debt,” but editorial writers missed why CalPERS cannot get the high income rates that they have used before. This is mostly because of our lagging economy in the last few years.
Credit Suisse: DOJ Settlement Resolution Provides Earnings Clarity
Credit Suisse’s litigation settlement with the DOJ over its pre-financial crisis mortgage-related underwriting and securitization practices provides better clarity over the bank’s litigation expenses over the upcoming years. Thesis : Progressive ROE normalization to just 7% by 2021 and book value of equity growth of 3%-5% year-over-year would project to generate annualized returns of ~10% over the next five years.
Column: Populism, real and phony
Authoritarians with an animus against ethnic minorities are on the march across the Western world. They control governments in Hungary and Poland, and will soon take power in the United States.
Banksters Pay $12.5 Billion to Settle Probes
Germany’s largest lender Deutsche Bank and Swiss banking giant Credit Suisse have agreed to pay a collective $12.5 billion to settle litigation stemming from their bundling of risky subprime and Alt-a mortgages during the mid-2000s credit bubble, which resulted in a severe housing collapse, billions of dollars of investor losses and widespread claims of deception. The agreements, struck just before a new administration takes the White House, adds resolution to the Obama administrations efforts to hold Wall Street’s largest banks accountable for their activities during the bubble and bust of the U.S. housing market.
Banksters Pay $12.5 Billion to Settle Probes
Germany’s largest lender Deutsche Bank and Swiss banking giant Credit Suisse have agreed to pay a collective $12.5 billion to settle litigation stemming from their bundling of risky subprime and Alt-a mortgages during the mid-2000s credit bubble, which resulted in a severe housing collapse, billions of dollars of investor losses and widespread claims of deception. The agreements, struck just before a new administration takes the White House, adds resolution to the Obama administrations efforts to hold Wall Street’s largest banks accountable for their activities during the bubble and bust of the U.S. housing market.
Banks lift global stocks, dollar holds near 14-year peak
European stocks edged higher on Friday, helped by banks after two regional bellwethers settled investigations into U.S. mortgage securities, while oil and the dollar were on the back foot in light trading ahead of the Christmas break. Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, December 22, 2016.
What the U.S. can learn from Norway about retirement
During his first TV debate with Hillary Clinton for the Democratic nomination, Sen. Bernie Sanders remarked: “We should look to countries like Denmark, like Sweden and Norway and learn from what they have accomplished for their working people.” Clinton didn’t buy it.
Lest We Forget, Clinton Wanted to Privatize Social Security
The collapse of the liberal media into a miasma of identity politics and guilt trips is fascinating to watch. After having been laid for a killer trip for how my support for Jill Stein is going to bring about the return of back-alley abortion, I think I have a bit of a right to just point out yet again that Hillary Clinton, if elected, wanted to put my parents in the poorhouse by privatizing their Social Security.
Stocks set to shine; Coca-Cola deal; Watching the banks
The Dow Jones industrial average and Nasdaq hit fresh all-time highs on Tuesday and they look set to continue lighting up Wall Street on Wednesday. 2. Coke’s Africa move: Coca-Cola announced Wednesday it’s paying nearly $3.2 billion to Anheuser-Busch InBev to buy the beer giant’s majority stake in Coca-Cola Beverages Africa.
Trump Cabinet excites his voters: ‘We have to trust him’
As each Cabinet announcement draws fresh criticism of the wealth, connections or opinions of Donald Trump’s latest appointees, many Americans who voted for him say the president-elect is doing what he promised to do: draining the swamp. To them, the idea of a defence secretary nicknamed “Mad Dog” is bliss.
Trump Cabinet excites his voters: a We have to trust hima
As each Cabinet announcement draws fresh criticism of the wealth, connections or opinions of Donald Trump’s latest appointees, many Americans who voted for him say the president-elect is doing what he promised to do: draining the swamp. To them, the idea of a defence secretary nicknamed “Mad Dog” is bliss.
Trump names Rep. Mick Mulvaney, a fiscal hawk, to head budget office
President-elect Donald Trump has named Rep. Mick Mulvaney, R-S.C., as his director of the Office of Management and Budget, signaling his intent to slash spending and address the deficit as president. Mulvaney, 49, was elected to Congress in 2010 in the wave that brought a cohort of younger, staunchly conservative members into the House.
On Toronto Tolls, Marxists Align with Auto Industrial Complex
What’s left and what’s right? Usually it is obvious, but sometimes you have to take a step back and consider the bigger picture. For example, the Toronto toll debate has exposed a lack of scrutiny of the leading source of corporate profit over the past century by many supposed leftists.
Congress ushers in new era of all-Republican rule
Congress ushers in a new era of all-Republican rule. On Tuesday at noon, with plenty of pomp and pageantry, members of the 115th Congress will be sworn in, with an emboldened GOP intent on unraveling eight years of President Barack Obama’s Democratic agenda and targeting massive legacy programs from Franklin D. Roosevelt and Lyndon B. Johnson such as Social Security and Medicare.