Federal Reserve examiners failed to rein in practices that led to losses from excessive real estate lending at two banks in California and Florida that later closed, the central bank’s inspector general said.
Riverside Bank of the Gulf Coast in Cape Coral, Florida, “warranted more immediate supervisory attention” by the Atlanta district bank, Fed Inspector General Elizabeth Coleman said in a report to the central bank’s board. In overseeing County Bank in Merced, California, the San Francisco Fed should have taken a “more aggressive supervisory” approach.
Fed Failed to Curb Flawed Bank Lending, Inspector General Says
Charlie Sheen urges Barack Obama to reopen 9/11 investigation in video message
Actor Charlie Sheen has issued a video message urging President Barack Obama to reopen investigation into the 9/11 attacks.
Sheen had earlier written an open letter to the President in which he claimed that there was cover-up by the Bush administration over the 2001 attacks that claimed the lives of several thousand people. The six-and-a-half minute video - released on the eighth anniversary of the disaster - opens with news reports and footage of the incident with Sheen's voiceover: "The questions Mr President, the questions."
Mirror Imaging Unlocks Masonic Messages in US Symbols
First, I'm an artist who used mirroring to create surreal imagery. One day I was looking at Da Vinci's paintings online when I somehow copied one to my clip board.
A few hours later I began working on some of my artwork when a layer of the last supper was mirrored in the center of my piece of artwork. I then realized there was hidden imagery in the painting.
So I started working with all kinds of masonic art and sure enough the more I researched the more hidden imagery I found.
Fifty questions on 9/11
The following questions, some multi-part - and most totally ignored by the 9/11 Commission - are just the tip of the immense 9/11 iceberg. A hat tip goes to the indefatigable work of 911truth.org; whatreallyhappened.com; architects and engineers for 9/11 truth; the Italian documentary Zero: an investigation into 9/11; and Asia Times Online readers' e-mails.
Traficant speaks out against the powers that be on Fox News
In his first interview after being released from prison last week, former congressman James Traficant let the cat out of the bag about the strangle hold that the Pro Israel Lobby has over Washington DC.
Traficant says that he was the number one target of American Israeli Public Affairs Committee" and the Justice Department. He goes on to say that "he believes that Israel has a powerful stranglehold on the American government. They control both members of the House, the House and the Senate. They have us involved in wars in which we have little or no interest. Our children are coming back in body bags. Our nation is bankrupt over these wars. And if you open your mouth, you get targeted. And if they don't beat you at the poll, they'll put you in prison." He says "Israel gets approximately $15 billion a year from the American taxpayers. That $15 billion is $30,000 for every man, woman and child. And people in my district are losing their pension benefits."
UnitedHealth Lobbyist Announces Pelosi Fundraiser As She Begins Backing Off Pub Option
House Speaker Nancy Pelosi for the first time yesterday suggested she may be backing off her support of the public option.
This announcement came just hours before Steve Elmendorf, a registered UnitedHealth lobbyist and the head of UnitedHealth's lobbying firm Elmendorf Strategies, blasted this email invitation throughout Washington, D.C. I just happened to get my hands on a copy of the invitation from a source - check out this OpenLeft exclusive:
27-Year CIA Vet says Obama May be Afraid of the CIA ... For Good Reason...
Alluding to the assassination of JFK, long-time high-level CIA analyst says Panetta and the President 'afraid of these guys because these guys have a whole lot to lose if justice takes its course'.
"He makes a very very persuasive case that it was President Kennedy's, um, the animosity that built up between him and the CIA after the Bay of Pigs, and the Joint Chiefs of Staff, because he was reaching out to the Russians and so forth and so on. It's a very well-researched book and his conclusion is very alarming," the long-time CIA veteran noted in what turned out to be a chilling end to our interview in which he described "two CIAs".
Mobiles and cancer: the plot thickens
You might as well ask how you can join a foxhunt in Islington or buy condoms in the Vatican. But in fact what you want to know should be the most important thing about the phone you will press to your ear. Evidence is increasing that radiation from handsets presents a cancer hazard, particularly to children and to those who use their phones for more than a decade.
The death of news in Afghanistan
The truth is that good old-fashioned journalism is no longer possible in today's war zones, and especially in Afghanistan. Hence the rise of rooftop journalism, in which sharply dressed reporters address the camera from inside fortified compounds.
As a result, the most consequential war of our time is reported principally by "embeds", journalists embedded for short periods with army units. It is a trade-off for freedom for access. It has produced some vivid journalism, both in print and online, but is inevitably one-sided.
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