Little Rock This whole standoff at the Pennsylvania Avenue Corral in Washington is damned hard to puzzle out, but thanks to Tyler, Texas Republican Congressman Louis Gohmert, we finally have the clues that we need. It turns out that it is a cunningly brilliant conspiracy by President Obama hatched a year ago to funnel …
Category: ACORN
Big Bank’s Hands in Payday Lending Not Just On the Drafts
New Orleans In an excellent piece the Times looked at the gross profiteering on the major to-big-to-fail bailout banks like Wells Fargo, Chase, and Citibank and their unseemly and immoral role in fleecing the hapless lower income customers of payday loans through their bank draft procedures. By hitting accounts repeatedly, even when already recognizing overdrafts, …
Protecting Insurance Company Profits under Obamacare
New Orleans I had to read the article by Robert Pear of the New York Times three or four times to completely understand the contradictions that now seem to exist under the new Affordable Care Act or Obamacare. The headline said, “Employers with Healthy Workers Could Opt Out of Insurance Market, Raising Others’ Costs.” What’s …