In an exclusive CNBC interview yesterday, former New York Attorney General Dennis Vacco dropped a bombshell on his disgraced successor Eliot Spitzer that raises new questions about the lingering charges Mr. Spitzer lodged against former AIG chief Maurice “Hank” Greenberg nearly eight
It may go down as the biggest banking scandal in history, and yet many Americans have not even heard about it. The LIBOR (London Interbank Offered Rate) scandal is a big deal, and so far no one knows just how
On Friday, President Barack Obama issued an executive order on the “Assignment of National Security and Emergency Preparedness Communications Functions” because the “the Federal Government must have the ability to communicate at all timesand under all circumstances to carry out
At a June 30th fundraiser in Wheeling, West Virginia, Speaker John Boehner told the audience of 200-300 that Republicans don’t need to love Mitt Romney to get behind him. The comments came in response to a woman asking Mr. Boehner
President Barack Obama has said his administration is the most most transparent administration in the modern era. But a new report by the Information Security Oversight Committee found that in 2011, the Obama Administration spent a record $12 billion to
On Friday, Planned Parenthood announced it will sponsor one of black entertainment’s biggest events of the year, the ESSENCE music festival. Planned Parenthood, whose founder Margaret Sanger was a eugenicist who believed in exterminating the “weeds” of society to cleanse
A new analysis by Douglas A. McIntyre and Alexander E. M. Hess of 24/7 Wall St. has determined the five companies who have donated the most money to political parties, candidates, and PACs. At number five with total 2012 contributions
In a nation where 87,897,000 are no longer in the labor force, the Bureau of Labor Statistics announced on Friday that just 80,000 jobs were added in June, a figure that fell short of the already low estimate of 100,000
Calvin Coolidge is the only president in U.S. history to have been born on Independence Day. He is also one of the few who understood the Declaration of Independence’s spiritual moorings. “Silent Cal,” as he was called, was thought to
A four-month investigation of the $340 million taxpayer-funded “Wisconsin Shares” welfare childcare program found the program rife with abuse and loopholes. In one instance, research conducted by the Milwaukee Journal Sentinel found that four sisters with 17 children bagged
After last week’s historic Supreme Court ruling to allow Obamacare to stand as a tax, one might assume liberals would be celebrating. However, according to a New York Times poll, just 34 percent of Americans supported Obamacare’s passage, and one-fifth
A new analysis by the American Action Forum has found that the Supreme Court’s Obamacare ruling will stick taxpayers with hundreds of billions in new costs to implement President Obama’s healthcare exchanges. The reason: states who decide to dump Medicaid
Even as unemployment among college graduates remains stuck above the national average at 9.3 percent, a Reuters/Ipsos poll of four-year college graduates finds that President Barack Obama leads his Republican challenger Mitt Romney 52 percent to 27 percent. The poll’s
On Thursday, the U.S. Department of Commerce released a report chock full of weak growth figures and worrisome economic signals. The gross domestic product (GDP) dropped from last quarter’s 3.0percent to an anemic 1.9 percent. Over half of first-quarter growthcame
White House salaries and hiring increased in 2012, according to an annual report released Friday by the White House. The “Annual Report to Congress on White House Staff” reveals that White House staff salaries jumped from $37.1 million in 2011 to $37.8
JP Morgan Chase’s loss of an estimated $2 billion on bad credit derivatives bets may actually go as high as $9 billion, according to a data dump timed to get swallowed by coverage of the Supreme Court’s decision to uphold
The iconic Oreo cookie is getting a Gay Pride rainbow makeover, at least in a new Facebook ad campaign. Oreo, which is owned by Kraft Foods, posted on its Facebook page a controversy-stirring ad featuring an Oreo cookie stuffed with
A new report out Tuesday from the U.S. Census Bureau reveals that American businesses and workers took a beating in 2010. A few of the lowlights: Total employment in 2010 dropped 2.5 million workers The number of U.S. businesses in
As the state of New York continues to carry the legal torch lit seven years ago by disgraced former Attorney General Eliot Spitzer against American International Group (AIG) and its former CEO Maurice “Hank” Greenberg, two new and startling revelations
In a speech Sunday night before Denver Democrats, Rep. Maxine Waters (D-CA) challenged the Tea Party to a smackdown: “We cannot allow the opportunities that America stands for to beeroded by those who simply want to bring this president down,”
The same federal government that wants to take over the U.S. healthcare system may also be the same federal government who is unwittingly funneling billions of Medicare and Medicaid dollars to Castro’s Cuba. So worry Sens. Orrin Hatch (R-UT), Tom
President Barack Obama’s controversial decision last week not toenforce illegal immigration laws that apply to 800,000 illegal aliensappears to have boosted his already sizable lead among Latino voters inkey battleground states, according to a new poll by Latino Decisions andAmerica’s
Former Democratic presidential nominee Sen. John Kerry (D-MA) will play the role of former Massachusetts Governor Mitt Romney to help President Barack Obama prepare for his forthcoming presidential debates this autumn. Beyond representing the same state of Massachusetts, Reuters notes
For the third year in a row, American teenagers hoping to land summer jobs will face the worst teen hiring slump since World War II. The unemployment rate for 16- to19-year-olds is 24.9 percent nationally, and in some majorcities
On Saturday, the U.S. Conference of Mayors metin Orlando, Florida, and unanimously backed “parent trigger” lawsthat would empower parents of children trapped in failing publicschools to sidestep elected school boards, fire bad teachers and Parenttriggers are also creating a strong
JP Morgan Chase CEO Jamie Dimon wore Presidential Seal cuff links given to him by President Barack Obama to his Senate Banking Committee hearing last week, sparking speculation that he may have been sending a signal to Democrats on the
On Monday, Bank of America announced it plans to provide $50 billion in loans and financing over the next ten years for “environmentally friendly energy projects.” During the financial crisis, Bank of America received $45 billion from taxpayers. The 2012
On Monday, a pro-Obama super PAC called Priorities USA Action and the Service Employees International Union (SEIU) launched a $4 million television advertising blitz that will run in the battleground states of Colorado, Nevada, and Florida. The group is calling
Charles and David Koch have launched a new website to weigh in on the on-going tussle with embattled Cato Institute President Ed Crane over the libertarian think tank’s disputed shareholders agreement. ForaBetterCato.com bills itself as “a presentation of facts on Charles Koch
In an interview with San Francisco Chronicle reporter Carla Marinucci, former Speaker of the House Nancy Pelosi (D-CA) says “without question” her proudest political accomplishment has been passing Obamacare. “It’s a very big deal,” said Pelosi. “It’s transformative.” In the
Last week, the Romney campaign scored a one-two punch with its surprise speech at Solyndra and its rapid-fire mobilization of a counter protest of Obama campaign strategist David Axelrod’s speech in Boston. But something else happened last week, something big.
Former Clinton Secretary of Labor Robert Reich has an unsettling message for 2012 college graduates: “You’re screwed.” The blistering verdict came as part Mr. Reich’s Sunday column addressed to “Members of the Class of 2012” wherein the former Labor secretary
The National Education Association (NEA) has enlisted 10,000 of its three million members to help reelect Barack Obama, says NEA President Dennis Van Roekel. “Theenthusiasm is there,” Mr. Roekel told Reuters. Last Wednesday, Mitt Romney took aim at teachers unions
On Sunday, former Clinton chief of staff Erskine Bowles of “Bowles-Simpson Commission” fame said he is not interested in becoming Barack Obama’s Treasury secretary. When asked about his name being among those on a short-list of possible appointees, Mr. Bowles
A bill that would close an IRS tax credit loophole that allows the IRS to funnel over $4 billion to illegal immigrants is being held up by Sen. Harry Reid (D-NV). Sen. Jeff Sessions (R-AL), a senior member of the
In a new Daily Beast article, Breitbart contributing editor Peter Schweizer argues that the Pentagon’s budget suffers from instances of serious waste and crony capitalism. Schweizer points to a Government Accountability Office (GAO) audit last year that found that mismanagement
The Obama Administration has signed a $20 million contract with top public relations firm Porter Novelli to sell citizens on the “benefits” of the unpopular Obamacare law. As Sen. Jim DeMint’s office points out, however, the new $20 million
An interactive and searchable database of White House visitor logs is turning up some interesting findings and reveals a “steady stream of lobbyists” visiting the Obama White House, reports the Washington Post. For example, AFL-CIO lobbyist Bill Samuel visited the
No Republican has ever won the presidency without carrying the state of Ohio. Given the state’s shale gas reserves, Ohio stands on the verge of a possible natural gas-backed economic and employment boom. Therefore, in an effort to block Mitt
In their latest Daily Beast article, Newsweekreporter Peter Boyer and contributing Breitbart News editor PeterSchweizer argue that JP Morgan Chase and Jamie Dimon have little to fearfrom the FBI’s probe into the financial giant’s nearly $3 billion badbet. For starters,
