Corporate Scandals

Bush/Cheney and special contracts with Big Oil in Iraq - ENOUGH IS ENOUGH!!!

THE FOLLOWING ARTICLE APPEARED IN THE SAN DIEGO UNION TRIBUNE TODAY (7/2/08). THE AMERICAN PEOPLE MUST UNITE TO SHOW THE WORLD WE DID NOT SUPPORT OR APPROVE OF THE INJUSTICES OF THIS ADMINISTRATION AND THE CRIMES IT COMMITTED AGAINST IRAQ, THE CITIZENS OF THE UNITED STATES AND THE WORLD.  TO REGAIN OUR STATURE IN THE WORLD, WE MUST CHARGE BUSH AND CHENEY WITH WAR CRIMES BEFORE THE REST OF THE WORLD DOES IT FOR US.  CONTACT YOUR CONGRESSPERSONS TODAY!

A Manchurian Candidate in the White House?

By Dave Lindorff

With a viral campaign underway via email, right-wing radio, and on the street suggesting that Barack Obama is a black “Manchurian Candidate,” secretly trained as a Muslim fanatic who will insinuate himself into the White House, thence to undermine all that we hold dear, perhaps it is time to look at the Manchurian Candidate we already have in the White House, who, together with his handler over in Blair House, has pretty much done all the damage already.

George Bush came to office in 2001 promising a new era of integrity, civility and “compassionate conservatism,” an era of humble American foreign policy, and a bi-partisan approach to government.

What did we actually get?

Two Brothers and Two Scandals

By Dave Lindorff

The State Department’s top internal investigator, Inspector General Howard Krongard, revealed in a House Oversight and Government Reform Committee hearing Tuesday, that his brother, Alvin B. Krongard, was a member of the advisory board of Blackwater, the very private mercenary company whose bloody, murderous behavior the IG office was supposed to be investigating.

Unmentioned in reports on this tainted relationship was the fact that Alvin Krongard, the former third-ranking leader of the CIA from 2001-2004, has also been the subject of some speculation regarding possible foreknowledge of the 9-11 attacks by some within the intelligence establishment.

For Your Consideration

How the Bush Administration Is Turning the USA into a Subprime Borrower

"Our enemies are innovative and resourceful, and so are we. They never stop thinking about new ways to harm our country and our people, and neither do we." - George W Bush

Much in the same way that US investors were “steered” into rip-off mortgage loans, the entire country has been “steered” into an economic crisis. The question is how to get out of it.

In the subprime loan scandal, unscrupulous brokers conned home buyers with poor credit histories into deals designed to profit lenders and bleed borrowers. Contract “teasers” hid ballooning monthly payments while a lack of regulation allowed the scam to continue unabated. Millions more Americans now face losing their homes.

State Farm, Partner, RICO: What a Racket!

I’m not talking tennis either. The whirlwind of news swirling about is almost dizzying. Shortly after Katrina hit the Mississippi Gulf Coast and breached the New Orleans’ levees, rumors floated around implying that the insurance companies would rig their claims process to wiggle out of paying what was owed to Paula and Peter Policyholders.

I thought to myself how criminal and cruel, heartless and calculating the people running a corporation would have to be to actually pull off something like this.

I envisioned a set of companies passing back and forth among themselves responsibility for the Katrina claims. I had thought this would be a way to shift its costs to other companies depending on which of them had the flood insurance policies. I was unaware that the private insurance corporations had bailed out of the flood insurance business some forty years ago.

State Farm Paying Attorney Fee for Miss. Insurance Commissioner

While I’ve been busy the last few weeks sanding baseboards and crown molding and painting ceilings for family members’ homes, Mississippi Deputy Insurance Commissioner David Lee Harrell was busy preparing for his deposition in one of the big insurance cases. The fee for his attorney? State Farm funded that.
Yes, you read that correctly.

State Farm is paying the attorney fee for the lawyer helping the Mississippi Deputy Insurance Commissioner prepare for his testimony under oath and representing him at the proceedings in one of the large lawsuits that Mississippi policy holders are bringing against . . . State Farm.

Why Are You Paying $3 for Gas?

The answer is corporate greed. Check out these record profits for giant oil companies.

And check out what our Beloved Leader is doing to rein in these robber barrons:

WASHINGTON, Nov. 3 (UPI) -- The Bush administration is opposing U.S. Senate Republicans who want oil companies to divert some profits to low-income households for winter heat.

Senate Finance Committee Chairman Charles Grassley, R-Iowa, has called for oil and gas companies to devote a portion of their nearly $100 billion profits in the latest quarter to families who could see a 50-percent hike in heating bills this winter.

SEC & Justice Dept. Investigating Sen. Majority Leader Frist for Insider Trading

Update 09-28-05: Frist Knew Contents of Blind Trust Ah yes, the stench of criminal Republican misleadership continuously wafts from DC. Hey Bill Frist!, you can kiss your pResidential aspirations good-bye! One wonders if Martha Stewart's old jail cell is still available...

(AP) Frist's HCA Stock Sale Being Investigated Federal prosecutors and the Securities and Exchange Commission are looking into Senate Majority Leader Bill Frist's sale of stock in HCA Inc. (HCA) at a time when insiders at the hospital operating company were also selling off shares. HCA, based in Nashville and founded by the Frist family, said Friday that it had received a subpoena from prosecutors for the Southern District of New York, asking for documents the company believes are related to Frist's stock sale.