Trickle Down Tyranny (45 page)

31
. Andrew S. Ross, “Bay area firms among 30 not paying federal taxes,” San Francisco Chronicle, November 4, 2011, http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/11/04/BUCN1LQ5IK.DTL.

32
. Justin Berger, “Jobs Panel Member Whose Solar Firm Won Loan Guarantees Raises ‘Conflict of Interest’ Concerns,”
FoxNews.com
, November 1, 2011, http://www.foxnews.com/politics/2011/11/01/jobs-panel-member-whose-solar-firm-won-2b-loan-raises-conflict-interest/.

33
. “John Holdren,”
FoxNews.com
, http://www.foxnews.com/topics/politics/obama-admin istration/john-holdren-science.htm#r_src=ramp.

34
. Bob Unruh, “Congressman: Science ‘czar’ giving China U.S. technology,”
WorldNetDaily
, November 5, 2011, http://www.wnd.com/?pageId=364197.

35
. Michael J. Boskin, “The Obama Presidency by the Numbers,”
Wall Street Journal
, September 8, 2011, http://online.wsj.com/article/SB10001424053111904583204576544712358583844.html?mod=WSJ_Opinion_LEADTop.

36
. “Are Millionaires Taxed Less Than Secretaries?” Associated Press, September 20, 2011, http://www.cnbc.com/id/44591639/Are_Millionaires_Taxed_Less_Than_Secretaries.

37
. “The Buffett Alternative Tax,”
Wall Street Journal
, September 20, 2011, http://online.wsj.com/article/SB10001424053111904194604576580800735800830.html?mod=WSJ_Opinion_LEADTop.

38
. “The Fed’s Secret Liquidity Lifelines,”
Bloomberg.com
, http://www.bloomberg.com/data-visualization/federal-reserve-emergency-lending/#/overview/?sort=nomPeakValue&group=none&view=peak&position=0&comparelist=&search=.

39
. Bradley Keroun and Phil Kuntz, “Wall Street Aristocracy Got $1.2 Trillion in Secret Loans,”
Bloomberg.com
, August 22, 2011, http://www.bloomberg.com/news/2011-08-21/wall-street-aristocracy-got-1-2-trillion-in-fed-s-secret-loans.html.

40
. Michael Rothfeld and Jenny Strasburg, “SEC Accused of Destroying Files,”
Wall Street Journal
, August 19, 2011, http://online.wsj.com/article/SB10001424053111904070604576514840171054216.html.

41
. Peter Ferrara,
America’s Ticking Bankruptcy Bomb
(New York: Broadside Books, 2011), pp. 13–14.

42
. Addison Wiggin, “The next financial crisis will be hellish, and it’s on its way,”
Forbes
, November 16, 2011.

43
. Gerard Baker, “Why Barack Obama picked a political Who’s Who,”
Sunday Times
, December 5, 2008, http://www.timesonline.co.uk/tol/comment/columnists/article5288780.ece.

44
. “Obama Adviser Robert Rubin Sued For Citi Ponzi Scheme,” Investment Watch, January 11, 2009, http://investmentwatchblog.com/obama-adviser-robert-rubin-sued-for-citi-ponzi-scheme/.

45
. Steven Malanga, “Other people’s money,”
New York Post
, November 23, 2011, http://www.nypost.com/p/news/opinion/opedcolumnists/other_people_money_bnv7Yjd8IA li3dAJfSbK7M.

46
. “The Good, the Bad, and the Ugly—Part Three,” Burning Platform, May 16, 2011, http://www.theburningplatform.com/?tag=great-depression.

47
. “H.R. 4173—Dodd-Frank Wall Street Reform and Consumer Protection Act,” Open Congress, http://www.opencongress.org/bill/111-h4173/show.

48
. Andrew Leonard, “The Dodd-Frank bank reform bill: A deeply flawed success,”
Salon.com
, June 25, 2010, http://www.salon.com/technology/how_the_world_works/2010/06/25/the_dodd_frank_bank_reform_bill.

49
. Edwin Mora, “TARP Watchdog Casts Doubt on Financial ‘Reform’ Law’s Promise to End Bailouts,”
CNSNews.com
, January 28, 2011, http://www.cnsnews.com/news/article/tarp-watchdog-cast-doubts-dodd-frank-bil.

50
. “Fiat Money History in the US,” http://www.kwaves.com/fiat.htm.

51
. “Alan Greenspan: We Can Always Print More Money,” YouTube, August 7, 2011, http://www.youtube.com/watch?v=q6vi528gseA.

52
. “Zimbabwe removes 12 zeros from its currency,” CNN, http://edition.cnn.com/2009/WORLD/africa/02/02/zimbabwe.dollars/index.html.

53
. Gregor MacDonald, “Paper vs. Real: Exit From Normal, Ecological Economics, and Probabilistic Regimes in One Chart,” http://gregor.us; “Suicide Banking,”
Keiser Report
, May 5, 2011, http://maxkeiser.com/2011/05/10/keiser-report-economic-euthanasia/.

54
. Conor Dougherty, “Income Slides to 1996 Levels,”
Wall Street Journal
, September 14, 2011, http://online.wsj.com/article/SB10001424053111904265504576568543968213896.html?KEYWORDS=income+slides+to+1996+levels.

55
. “US Poverty Hits Record High: 1 in 6 Americans Living Below Poverty Line,” Economy Watch, September 15, 2011, http://www.economywatch.com/in-the-news/us-poverty-hits-record-high-1-in-6-americans-living-below-poverty-line.15-09.htm.

56
. Vivien Lou and Joshua Zumbrun, “Fed Presidents Signal Employment Growth Too Slow to Remove Record Stimulus,” Bloomberg News, May 5, 2011, http://bx.businessweek.com/federal-reserve/view?url=http%3A%2F%2Fnoir.bloomberg.com%2Fapps%2Fnews%3Fpid%3D20601068%26sid%3Dadf3gjeXmCVE.

57
. Ian Cowie, “Why our purchasing power is set to suffer the biggest squeeze since 1870,”
Telegraph
, May 3, 2011, http://blogs.telegraph.co.uk/finance/ianmcowie/100010094/why-our-purchasing-power-is-set-to-suffer-the-biggest-squeeze-since-1870/.

58
. Sara Murray, “About 1 in 7 in U.S. Receive Food Stamps,”
Wall Street Journal
, May 3, 2011, http://blogs.wsj.com/economics/2011/05/03/about-1-in-7-americans-receive-food-stamps/.

59
. Matt Krantz, “Silver price drops, sending metal into a bear market,”
USA Today
, May 5, 2011, http://www.usatoday.com/money/markets/2011-05-05-silver-bear-mar ket_n.htm.

60
. Jonathan Stempel, “JPMorgan, HSBC sued for alleged silver conspiracy,” Reuters, October 27, 2010, http://www.reuters.com/article/2010/10/27/us-jpmorgan-hsbc-lawsuit-idUSTRE69Q5HQ20101027.

61
. “Economic Euthanasia,”
Keiser Report
, May 10, 2011, http://maxkeiser.com/2011/05/10/keiser-report-economic-euthanasia/.

62
. “Hotspots with Max Keiser,” YouTube, April 19, 2011, http://www.youtube.com/watch?v=A5zXU1bQ3tQ.

63
. “Europe Probes Goldman Sachs, JPMorgan Investment Banks Over Default Swaps,” All Voices, April 29, 2011, http://www.allvoices.com/contributed-news/8933797-europe-probes-goldman-sachs-jpmorgan-investment-banks-over-default-swaps.

64
. Louise Story, Landon Thomas, and Nelson D. Schwartz, “Wall St. Helped to Mask Devt Fueling Europe’s Crisis,”
New York Times
, February 13, 2010, http://www.ny times.com/2010/02/14/business/global/14debt.html.

65
. Elena Moya, “Europe bars Wall Street banks from government bond sales,”
Guardian
, March 8, 2010, http://www.guardian.co.uk/business/2010/mar/08/us-banks-european-bond-trading.

66
. Elena Moya, “Europe freezes out Goldman Sachs,”
Guardian
, July 18, 2010, http://www.guardian.co.uk/business/2010/jul/18/goldman-sachs-europe-sovereign-bond-sales.

67
. Brian Blackstone, “Banker’s Exit Rattles Markets,”
Wall Street Journal
, September 10, 2011, http://online.wsj.com/article/SB10001424053111903285704576560411990091924.html?KEYWORDS=banker%27s+exit+rattles+markets.

68
. “Biggest Holders of US Government Debt,” CNBC News, http://www.cnbc.com/id/29880401/The_Biggest_Holders_of_US_Government_Debt?slide=16.

69
. Matt Jarzemsky, “S&P Cuts U.S. Ratings Outlook to Negative,”
Wall Street Journal
, April 18, 2011.

70
. Damian Paletta and E. S. Browning, “U.S. Warned on Debt Load,”
Wall Street Journal
, April 19, 2011, http://online.wsj.com/article/SB10001424052748704004004576270693061767996.html.

71
. “United States of America Long-Term Rating Lowered to ‘AA+’ Due to Political Risks, Rising Debt Burden; Outlook Negative,” Standard & Poor’s, August 5, 2011, http://www.standardandpoors.com/ratings/articles/en/us/?assetID=1245316529563.

72
. Jim Hoft, “Obama Created or Saved 450,000 Government Jobs, Lost 1,000,000 Private Sector Jobs With Stimulus,” Gateway Pundit, May 16, 2011, http://gate waypundit.rightnetwork.com/2011/05/obama-created-or-saved-450000-government-jobs-lost-1000000-private-sector-jobs-with-stimulus/.

73
. Paul Haven, “New law will let Cubans buy and sell real estate,” Associated Press, November 3, 2011, http://www.miamiherald.com/2011/11/03/2485009/cuba-legalizes-sale-purchase-of.html#ixzz1ckfpwhy5.

74
. Zhou Xin, Simon Rabinovitch, and Kevin Yao, “U.S. in Worse Shape than Europe: China,” Midas Letter, December 9, 2010, http://www.midasletter.com/index.php/u-s-in-worse-shape-than-europe-china/.

75
. “China Joins Russia in Blasting U.S. Borrowing,” Bloomberg News, August 3, 2011, http://www.bloomberg.com/news/2011-08-03/china-s-zhou-to-monitor-u-s-debt-as-xinhua-sees-bomb-yet-to-be-defused.html.

76
. “Major Foreign Holders of Treasury Securities,” U.S. Treasury, http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt.

77
. Martin Crutsinger, “China trims holdings of US Treasury debt,” AP, December 15, 2011, http://economictimes.indiatimes.com/news/international-business/china-trims-holdings-of-us-treasury-debt/articleshow/11123611.cms.

78
. Phil Gramm, “The Obama Growth Discount,”
Wall Street Journal
, April 15, 2011, http://online.wsj.com/article/SB10001424052748703983104576262763594126624.html?mod=ITP_opinion_0.

79
. Ibid.

80
. “The Presidential Divider,”
Wall Street Journal
, April 14, 2011, http://online.wsj.com/article/SB10001424052748703730104576260911986870054.html.

Chapter 5. Tyranny of Obama’s Radical Accomplices