Author Archives: energyskeptic

Pensions of millions of Americans Threatened

Posted on April 13, 2014 by

Thought Secure, Pooled Pensions Teeter and Fall 12 April 2014  Mary Williams Walsh  New York Times The pensions of millions of Americans are being threatened because of trouble in a part of the retirement world long considered so safe that … Continue reading →

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The most greedy, fraudulent banks continue to loot

Posted on April 12, 2014 by

Too Big to Fail banks continue to behave like they did before 2008 and are making the most money because they’re perceived as safer. The Looting of America’s Coffers March 10, 2009 David Leonhardt. New York Times Sixteen years ago, … Continue reading →

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Oil Sands missed rosy production figures – AGAIN

Posted on April 12, 2014 by

Commentary: Canadian Oil Sands Misses Unrealistic Projection – Issues Another December 14, 2009 Tom Standing ASPO USA Peak Oil Review Canadian energy authorities have done it again. They missed their last rosy projection of future oil sands production, so they … Continue reading →

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A Flaw in the Hyperinflationary Argument

Posted on April 12, 2014 by

Dec 13, 2009 A Flaw in the Hyperinflationary Argument  intothegreyzone.com People assuming hyperinflation are assuming that the cash injected into the system will be spread equally or nearly equally, resulting in competitive bidding with more dollars for the current pool … Continue reading →

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Why Deflation is Inevitable

Posted on April 12, 2014 by

Perhaps someday inflation, but not until the 1.2 quadrillion of outstanding debt are resolved first. To understand deflation, you need to understand what money really is and how it’s created. And you also need to read the other articles in … Continue reading →

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Debt relief scams

Posted on April 12, 2014 by

Aug 20 2013 CFPB Files Suit Against Morgan Drexen for Charging Illegal Fees and Deceiving Consumers Company Made Misleading Claims about its Debt-Relief Services to Consumers May 30 2013 CFPB Takes Action to Stop Florida Company From Engaging in Illegal … Continue reading →

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Mortgage Scams: Kickbacks, Modification, etc

Posted on April 12, 2014 by

Nov 7 2013 CFPB Takes Action Against Castle & Cooke For Steering Consumers Into Costlier Mortgages. Company to Pay $9 Million in Restitution and $4 Million in Civil Penalties Oct 24 2013 CFPB Files Suit Against Borders & Borders, PLC … Continue reading →

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Discriminatory Mortgages $35 million fines

Posted on April 12, 2014 by

Dec 23 2013 CFPB and DOJ Take Action Against National City Bank for Discriminatory Mortgage Pricing Harmed African-American and Hispanic Borrowers Will Receive $35 Million in Restitution WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) and the Department … Continue reading →

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Auto Loan Scams

Posted on April 12, 2014 by

Dec 20 2013 CFPB and DOJ Order Ally to Pay $80 Million to Consumers Harmed by Discriminatory Auto Loan Pricing   Ally to Pay Additional $18 Million in Civil Penalties for Harming More Than 235,000 Minority Borrowers Jun 27 2013 … Continue reading →

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CFPB Sues For-Profit College Chain ITT For Predatory Lending

Posted on April 12, 2014 by

Feb 26 2014 CFPB Sues For-Profit College Chain ITT For Predatory Lending ITT Pushed Consumers into High-Cost Student Loans Likely to Fail WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) filed a lawsuit against ITT Educational Services, Inc., … Continue reading →

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