OCC and OTS: Prime Delinquencies Surge in Q1

 This OCC and OTS Mortgage Metrics Report for the first quarter of 2009 provides performance data on first lien residential mortgages serviced by national banks and federally regulated thrifts. 

http://www.calculatedriskblog.com/2009/06/occ-and-ots-prime-delinquencie...

 

Congress Pushing for Federal Reserve Audit

A majority of the U.S. House of Representatives is now in support of a historic bill by Republican lawmaker Ron Paul to audit the Federal Reserve (the Fed), the privately run central bank that sets monetary policy for the United States.

http://www.ipsnews.net/news.asp?idnews=47431

 

 

The American Empire Is Bankrupt

A story that sounds apocalyptic but (unfortunately) has a very sound reasoning and facts to back it up.

http://www.truthdig.com/report/item/20090614_the_american_empire_is_bank...

 

Major problems found in war spending

KBR seems to be the most organized in crime when it comes to pilfering from the war funds.

http://www.indeonline.com/news/x726831992/APNewsBreak-Major-problems-fou...

Fed to Hire PR Wizard to Fight Against HR 1207

As HR 1207 gains momentum and co-sponsors in the House of Representatives, the Federal Reserve is planning to fight the tide calling for an audit of its books by hiring a veteran lobbyist to “manage its relations with Congress,” according to Reuters.

http://www.blacklistednews.com/news-4418-0-5-5--.html 

Obama Admits to US Role in Iran Coup

This was an important event in history because the mid 1950's newly created states in the Middle-East were electing democratic governments.  By toppling these governments in Iran and Iraq and replacing them with dictatorships was a definite factor in the chaos that we now witness in that region.

http://news.antiwar.com/2009/06/04/obama-admits-to-us-role-in-iran-coup/

  

GM Bankruptcy Analysis

A detailed analysis by the Financial Times of the General motors bankruptcy:

http://www.ft.com/cms/a491f060-b57f-11dd-ab71-0000779fd18c.htm?ftcamp=La...

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