Citigroup Pays Just $7 Billion For Causing Financial Crisis

By: Monday July 14, 2014 11:07 am

Citigroup, one of the most dysfunctional and malevolent financial institutions in American history, has agreed to pay $7 billion to settle investigations into the fraud it committed in the mortgage security market that led to the financial crash of 2008. The selling and marketing of volatile mortgage security products to investors around the world as safe and stable mined the financial markets to blow up in 2008.

The resulting financial crisis saw the American people suffer incredible pain while Citigroup received a federal bailout from Congress under TARP and a wide open line of endless credit from the Federal Reserve.

 

Credit Suisse Pleads Guilty To Conspiring To Aid Tax Evasion

By: Tuesday May 20, 2014 12:10 pm

It has finally happened, a Wall Street firm has pleaded guilty to a felony. Credit Suisse, to address criminal activity that occurred for decades, pleaded guilty to one count of conspiring to aid tax evasion. The firm will also pay a fine of $2.6 billion and have an independent monitor for two years.

Chelsea Manning’s Lawyer Upset He Learned of Possible Prison Transfer Through Pentagon Leak

By: Wednesday May 14, 2014 4:10 pm

The Pentagon won’t respond to Chelsea Manning’s requests for gender treatment, but they’ll apparently permit officials to leak information on how the agency plans to handle her requests to the media.

Inequality

By: Sunday May 11, 2014 5:20 pm

A lot has been written about inequality so far and even Obama has tried to seem like he is addressing this subject. I do believe it goes deeper and affects more people directly and personally than even most writers and pundits have expressed.

A police badge is not a license to kill

By: Saturday April 5, 2014 6:40 pm

A police badge is not a license to kill.

Du Pont Heir Gets Probation After Raping Three-Year-Old

By: Monday March 31, 2014 9:01 am

Another case of affluenza? A judge has ruled that Robert H. Richards IV, an heir to the du Pont fortune, should not face jail time after raping his three-year-old daughter. The reason Judge Jan Jurden gave for sentencing Richards to probation was that he “would not fare well in prison.”

Jasiri X Releases Dear Marissa

By: Monday March 10, 2014 6:30 pm

Rapper Jasiri X has a new video out that addresses the controversy surrounding the case of Marissa Alexander and the State of Florida’s seemingly backwards enforcement of the contentious Stand Your Ground Laws which came into prominence during the George Zimmerman trial.

NYPD Drone Artist Essam Attia Cleared of Charges

By: Thursday March 6, 2014 1:24 pm

Essam Attia, the NYC artist who gained prominence through a fake NYPD drone campaign in the fall of 2012, was informed in a court appearance this past Monday that all charges would be dismissed. Attia faced five charges, three of which were felonies, and 56 counts for possessing a forged instrument. Attia faced possible jail time.

God Is Not Pleased With the House GOP

By: Saturday September 21, 2013 9:00 am

It seems the Almighty has sent a memo to the Republican Caucus of the US House of Representatives, reflecting on their recent vote to cut billions from SNAP.

Shorter God: Let me refresh your memories about my priorities . . .

Fifty Years Ago: The Music of the March on Washington Rally

By: Wednesday August 28, 2013 6:52 pm

Songs give people the ability to muster the courage to dissent and keep on struggling for freedom and justice. They were part of the fabric of the civil rights movement. The importance of music is why musical performances at the March on Washington demonstration were necessary.

“Without the songs of the movement, personally I believe that there wouldn’t have been a movement,” Rutha Mae Harris, one of the original Freedom Singers, told NPR. “We needed those songs to help us not to be fearful when we were doing marches, or doing picket lines. And you needed a calming agent, and that’s what those songs were for us.”

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