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Are We Heading for another recession?

U.S. Downgrade Slams Stocks Worldwide- Breakout Stocks are getting slammed, reportedly in response to Standard & Poor’s downgrade of the U.S. credit rating from AAA to AA+. But S&P’s downgrade isn’t the only culprit. Welcome to the new world disorder- The Daily Ticker U.S. debt remains ‘gold standard’- WSJ AIG sues BofA for billion alleging […]

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Is our nation run by complete crooks?

Bernard Madoff arrested over alleged billion fraud NEW YORK (Reuters) – Bernard Madoff, a long-time fixture and powerful adviser on Wall Street, was arrested and charged on Thursday with allegedly running a billion Ponzi scheme, U.S. authorities said. The former chairman of the Nasdaq Stock Market who remains a member of Nasdaq OMX Group Inc’s […]

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Why do they do these things? What can a 70-year old man do with 50 billion dollars anyway?

… he could never spend it all. And five or even 10 billion would be a comfortable amount to leave to his heirs. Is it that the money doesn’t matter as much as being able to get away with it? Is it that they think money will buy them women, jewels, mansions, yachts,etc.? Or do […]

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What are your thoughts on this?

NEW YORK (Reuters) – Bernard Madoff, a quiet force on Wall Street for decades, was arrested and charged on Thursday with allegedly running a billion "Ponzi scheme" in what may rank among the biggest fraud cases ever. The former chairman of the Nasdaq Stock Market is best known as the founder of Bernard L. Madoff […]

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U.S. mortgage fraud ‘rampant’ and growing-FBI?

SAN FRANCISCO, July 7 (Reuters) – U.S. mortgage fraud reports jumped 36 percent last year as desperate homeowners and industry professionals tried to maintain their standard of living from the boom years, the FBI said on Tuesday. Suspicious activity reports rose to 63,713 in fiscal year 2008, which ended last September, from 46,717 the year […]

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What would you the supporters of illegal aliens tell these 3 victims of identity theft.?

An illegal immigrant is behind bars charged with identity theft. 35 year old Tixtha Martinez has been residing in Morton. She was arrested Wednesday on three counts of identity theft. Martinez is accused of opening loans at the Central Mississippi Federal Credit Union using a stolen identity. The victims were from Illinois and contacted the […]

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