Wynton Hall

White House Blames Jobs Numbers on Sequester

The Obama White House is scrambling to blame Friday’s abysmal March jobs numbers on the sequester’s trimming of the rate of growth in federal budgets that have yet to fully commence. 5 Apr 2013

MF Global Trustee's Report Blasts Obama Bundler Jon Corzine

The trustee for the now-defunct U.S. brokerage firm MF Global, former FBI Director Louis Freeh, issued a 124-page investigatory report blasting former MF Global CEO and Obama bundler Jon Corzine for “negligent conduct,” employing trading strategies with lax oversight, and surpassing board-approved limits for European trades. 4 Apr 2013

Obama Pushes to Give Home Loans to Lower Credit Borrowers

The Obama Administration is angling to allow people with questionable credit to receive home loans, encouraging lenders to use more subjective judgment, and pushing banks to utilize programs through the Federal Housing Administration (FHA)--an executive branch agency that sticks taxpayers with the bill if borrowers default on their FHA home loan. 4 Apr 2013

Nearly 50 Million Americans in Poverty, Worst Since LBJ

Even as the Obama White House prepares for a star-studded White House concert featuring Queen Latifah, Cyndi Lauper, and Justin Timberlake, figures from the U.S. Census Bureau reveal that roughly 50 million Americans—one in six—now live below the poverty line. 3 Apr 2013

Congress Seeks $6 Billion to Keep College Loan Rate from Doubling

CBS News Money Watch points out, “While Americans have roughly $1 trillion in outstanding student debt, only about 3 percent of student debt will be impacted if the Stafford rate doubles.” Moreover, today’s interest rates are atypically low to begin with; in 2007, the subsidized rate was 6.8%, not the 3.4% for the 2011-2012 school year. 2 Apr 2013

'Political Intelligence': Former Obama Officials Turn D.C. Scoops into Wall Street Cash

A new Forbes article by Government Accountability Institute (GAI) President and Co-founder Peter Schweizer reveals that former Obama Administration officials and fundraisers are now leveraging their access and influence to bag big billings from Wall Street investment firms as part of the shadowy, emerging industry known as “political intelligence.” 2 Apr 2013

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