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- Battery Energy storage batteries (BESS) too complex to ever be commercial
- New war and energy alliances over next resource wars
- Book review of “Siege: Trump Under fire”
- Why do people vote for Trump?
- Book review of “Pandemic Politics: The Deadly Toll of Partisanship in the Age of COVID”
- The evolution of the Republican party from 1960 to 2024: from moderate democracy to extreme authoritarianism
- Why some people are conservative and others liberal
- Book review: Bring the War Home: The white power movement & paramilitary America
- Book review: How Democracies Die
- Book Review “Conservatives without Conscience” by John Dean
- Book review of “The Power Worshippers. Inside the dangerous rise of religious nationalism”
- Fox news estranges millions of families and instills hate and fear in its cult members
- Book review of “Deer Hunting with Jesus” Best book on why people vote for Trump
- Population growth creates climate crisis, says environmental scientist
- Book review of “Democracy in Chains”, the history of how extremist Republicans stealthily stole our Democracy
Category Archives: Corruption & Finance
Auto Loan Scams
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
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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Consumers Report Being Hounded About Debts Not Owed
Mar 20 2014 Consumers Report Being Hounded About Debts Not Owed Top Debt Collection Complaints Also Include Aggressive Communication Tactics and Threatening Illegal Actions WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued a report on the more … Continue reading
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$2 Billion to Homeowners for servicing wrongs
Dec 19 2013 CFPB, State Authorities Order Ocwen to Provide $2 Billion in Relief to Homeowners for Servicing Wrongs Largest Nonbank Servicer Will Also Refund $125 Million to Foreclosure Victims and Adhere to Significant New Homeowner Protections WASHINGTON, D.C. — … Continue reading
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Payday Loans
Mar 25 2014 CFPB Finds Four Out Of Five Payday Loans Are Rolled Over Or Renewed Research Shows the Majority of Payday Loans Are Made to Borrowers Caught in a Revolving Door of Debt WASHINGTON, D.C. — Today, the Consumer … Continue reading
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Credit Card Fraud
Banks fined $1.66 Billion for illegal credit card practices that ripped off over 10 million customers Bank of America will refund up to 2.9 million customers $727 million plus pay $45 million in fines for illegal credit card practices such … Continue reading
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The Fall of AIG
2 articles below: March 18, 2009 The Real AIG Scandal by Eliot Spitzer slate.com It’s not the bonuses. It’s that AIG’s counterparties are getting paid back in full. Everybody is rushing to condemn AIG’s bonuses, but this simple scandal is … Continue reading
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Not-So-Safe-Deposit Boxes: States Seize Citizens’ Property to Balance Their Budgets
Not-So-Safe-Deposit Boxes: States Seize Citizens’ Property to Balance Their Budgets May 12, 2008. Elisabeth Leamy. abcnews The 50 U.S. states are holding more than $32 billion worth of unclaimed property that they’re supposed to safeguard for their citizens. But a … Continue reading
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Credit Card Debt
May 1, 2008 U.S. Credit Card Debt Soars to Unprecedented Heights http://en.epochtimes.com/news/8-4-28/69849.html Studies indicate that credit card defaults and related write-offs increased drastically since 2006. Today, lenders write off 33 percent more in credit card debt than they did two … Continue reading
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Credit Default Swaps & CDO’s
Why Wall St. Needed Credit Default Swaps http://seekingalpha.com/article/73060-why-wall-st-needed-credit-default-swaps Take a CDO with a 50 basis point spread over US Treasures. Banks will buy credit default swaps costing them 20 basis points, but by doing so, even they seem to make … Continue reading
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