Crooks, Liars, and Fakers

Plenty of News on the Crooks, Fliers on the Liars, and No Takers for the Fakers...


Report: Taxpayers paid for GOP politicking in 2006 elections
The White House dispatched cabinet members and other agency officials to more than 300 events nationwide to help Republican candidates in the run-up to the 2006 midterm elections, according to a House of Representatives committee report. Taxpayers paid for more than half of the events, the report said.....

Judge orders Palin staff private e-mails preserved... A state judge reaffirmed Wednesday that government-related e-mails Gov. Sarah Palin and her staff sent from private accounts must be preserved and ordered further arguments over whether to halt the use of such accounts for state business.....Palin has occasionally used private e-mail accounts to conduct state business, and her Yahoo accounts were hacked last month. It was not widely known that the governor and her staff were using private e-mail accounts until McLeod filed the first of several open records requests earlier this year that yielded some of the e-mail traffic. Alaska officials blacked out much of it, citing privacy reasons.

Banks’ Bailout Unlikely to Crimp Executive Pay.... the bailout plan for the nation’s banks unveiled on Tuesday, no heads will roll, as they did in the United Kingdom. No banking executives are likely to go hungry, either. But their parting may not be quite as sweet.....Banks that get an equity infusion from the government will have to follow some general rules on paying their top five executives. They will be restricted from offering golden parachutes, as rich severance packages are called, and they will have to pay more taxes if an individual’s compensation exceeds $500,000. ...WOW!!!!!!!!

Despite all the fakes by Ben and Hank the market is realizing that sometimes real reality trumps fake reality. The S&P 500 down 9.03% as 'em Wall Streeters and Main Streeters digest the ugly news about our economy and our lackluster leaders.