Chinese chaos worse than Greece

News Limited [AU] 7/7/2015

WHILE the world worries about Greece, there’s an even bigger problem closer to home: China.

A stock market crash there has seen $3.2 trillion wiped from the value of Chinese shares in just three weeks, triggering an emergency response from the government and warnings of “monstrous” public disorder…

…“If China does […]

Trade bill survives scare

Cristina Marcos The Hill 6/11/2015

President Obama’s trade agenda survived a bad scare in the House on Thursday when the GOP rule governing debate for the package narrowly survived a 217-212 vote.

Thirty-four Republicans voted against the rule, while eight Democrats backed it…

…House Republicans could only lose 26 of their own for the rule […]

HSBC Whistleblower Spills Lynch Evidence to Senate

Massive drug, terrorism scandal ropes in Obama’s AG nominee

Jerome R. Corsi WorldNetDaily 02/18/2015

NEW YORK – The Senate Judiciary Committee on Wednesday conducted a two-hour session with HSBC whistleblower John Cruz in its investigation of attorney general nominee Loretta Lynch’s role in the Obama administration’s decision not to prosecute the banking giant for laundering […]

Legal Gun Dealers Say They're Being Cut Off By Payment Processors

Megyn Kelly The Kelly File FoxNews.com 1/14/2015

Gun retailers are claiming discrimination after being cut off by some mainstream payment processors.

Gun dealers believe it’s part of a quiet effort to restrict gun sales and put them out of business.

According to a report from The Daily Signal, some gun sellers feel like it’s not […]

Federal Housing Director Mel Watt stokes housing fear

Joseph Lawler The Washington Examiner 12/14/2014

The government’s top housing finance regulator set up a fight with House Republicans for early next year as he raised the political stakes surrounding mortgage buyers Fannie Mae and Freddie Mac.

Federal Housing Finance Agency Director Mel Watt pleased affordable-housing advocates last week by directing the bailed-out mortgage businesses […]

Rebirth Of The Toxic Twins

Editorials Investors.com 10/20/2014

Subprime Redux: Mel Watt’s easy credit crusade is now off and running. Fannie Mae and Freddie Mac’s chief regulator has officially lowered lending standards for the entire mortgage industry. Here we go again.

In January, we warned that Watt’s swearing-in as head of the Federal Housing Finance Agency would mark the start of […]