Citizens' Oversight Maryland---Maryland Progressives
CINDY WALSH FOR MAYOR OF BALTIMORE----SOCIAL DEMOCRAT
Citizens Oversight Maryland.com
  • Home
  • Cindy Walsh for Mayor of Baltimore
    • Mayoral Election violations
    • Questionnaires from Community >
      • Education Questionnaire
      • Baltimore Housing Questionnaire
      • Emerging Youth Questionnaire
      • Health Care policy for Baltimore
      • Environmental Questionnaires
      • Livable Baltimore questionnaire
      • Labor Questionnnaire
      • Ending Food Deserts Questionnaire
      • Maryland Out of School Time Network
      • LBGTQ Questionnaire
      • Citizen Artist Baltimore Mayoral Forum on Arts & Culture Questionnaire
      • Baltimore Transit Choices Questionnaire
      • Baltimore Activating Solidarity Economies (BASE)
      • Downtown Partnership Questionnaire
      • The Northeast Baltimore Communities Of BelAir Edison Community Association (BECCA )and Frankford Improvement Association, Inc. (FIA)
      • Streets and Transportation/Neighbood Questionnaire
      • African American Tourism and business questionnaire
      • Baltimore Sun Questionnaire
      • City Paper Mayoral Questionnaire
      • Baltimore Technology Com Questionnaire
      • Baltimore Biker's Questionnair
      • Homewood Friends Meeting Questionnaire
      • Baltimore Historical Collaboration---Anthem Project
      • Tubman City News Mayoral Questionnaire
      • Maryland Public Policy Institute Questionnaire
      • AFRO questionnaire
      • WBAL Candidate's Survey
  • Blog
  • Trans Pacific Pact (TPP)
  • Progressive vs. Third Way Corporate Democrats
    • Third Way Think Tanks
  • Financial Reform/Wall Street Fraud
    • Consumer Financial Protection Bureau >
      • CFPB Actions
    • Voted to Repeal Glass-Steagall
    • Federal Reserve >
      • Federal Reserve Actions
    • Securities and Exchange Commission >
      • SEC Actions
    • Commodity Futures Trading Commission >
      • CFTC Actions
    • Office of the Comptroller of the Currency >
      • OCC Actions
    • Office of Treasury/ Inspector General for the Treasury
    • FINRA >
      • FINRA ACTIONS
  • Federal Healthcare Reform
    • Health Care Fraud in the US
    • Health and Human Services Actions
  • Social Security and Entitlement Reform
    • Medicare/Medicaid/SCHIP Actions
  • Federal Education Reform
    • Education Advocates
  • Government Schedules
    • Baltimore City Council
    • Maryland State Assembly >
      • Budget and Taxation Committee
    • US Congress
  • State and Local Government
    • Baltimore City Government >
      • City Hall Actions
      • Baltimore City Council >
        • Baltimore City Council Actions
      • Baltimore Board of Estimates meeting >
        • Board of Estimates Actions
    • Governor's Office >
      • Telling the World about O'Malley
    • Lt. Governor Brown
    • Maryland General Assembly Committees >
      • Communications with Maryland Assembly
      • Budget and Taxation Committees >
        • Actions
        • Pension news
      • Finance Committees >
        • Schedule
      • Business Licensing and Regulation
      • Judicial, Rules, and Nominations Committee
      • Education, Health, and Environmental Affairs Committee >
        • Committee Actions
    • Maryland State Attorney General >
      • Open Meetings Act
      • Maryland Courts >
        • Maryland Court System
    • States Attorney - Baltimore's Prosecutor
    • State Comptroller's Office >
      • Maryland Business Tax Reform >
        • Business Tax Reform Issues
  • Maryland Committee Actions
    • Board of Public Works >
      • Public Works Actions
    • Maryland Public Service Commission >
      • Public Meetings
    • Maryland Health Care Commission/Maryland Community Health Resources Commission >
      • MHCC/MCHRC Actions
    • Maryland Consumer Rights Coalition
  • Maryland and Baltimore Development Organizations
    • Baltimore/Maryland Development History
    • Committee Actions
    • Maryland Development Organizations
  • Maryland State Department of Education
    • Charter Schools
    • Public Schools
    • Algebra Project Award
  • Baltimore City School Board
    • Charter Schools >
      • Charter Schools---Performance
      • Charter School Issues
    • Public Schools >
      • Public School Issues
  • Progressive Issues
    • Fair and Balanced Elections
    • Labor Issues
    • Rule of Law Issues >
      • Rule of Law
    • Justice issues 2
    • Justice Issues
    • Progressive Tax Reform Issues >
      • Maryland Tax Reform Issues
      • Baltimore Tax Reform Issues
    • Strong Public Education >
      • Corporate education reform organizations
    • Healthcare for All Issues >
      • Universal Care Bill by state
  • Building Strong Media
    • Media with a Progressive Agenda (I'm still checking on that!) >
      • anotherangryvoice.blogspot.com
      • "Talk About It" Radio - WFBR 1590AM Baltimore
      • Promethius Radio Project
      • Clearing the Fog
      • Democracy Now
      • Black Agenda Radio
      • World Truth. TV Your Alternative News Network.
      • Daily Censured
      • Bill Moyers Journal
      • Center for Public Integrity
      • Public Radio International
      • Baltimore Brew
      • Free Press
    • Far Left/Socialist Media
    • Media with a Third Way Agenda >
      • MSNBC
      • Center for Media and Democracy
      • Public Radio and TV >
        • NPR and MPT News
      • TruthOut
  • Progressive Organizations
    • Political Organizations >
      • Progressives United
      • Democracy for America
    • Labor Organizations >
      • United Workers
      • Unite Here Local 7
      • ROC-NY works to build power and win justice
    • Justice Organizations >
      • APC Baltimore
      • Occupy Baltimore
    • Rule of Law Organizations >
      • Bill of Rights Defense Committee
      • National Lawyers Guild
      • National ACLU
    • Tax Reform Organizations
    • Healthcare for All Organizations >
      • Healthcare is a Human Right - Maryland
      • PNHP Physicians for a National Health Program
      • Healthcare NOW- Maryland
    • Public Education Organizations >
      • Parents Across America
      • Philadelphia Public School Notebook thenotebook.org
      • Chicago Teachers Union/Blog
      • Ed Wize Blog
      • Educators for a Democratic Union
      • Big Education Ape
    • Elections Organizations >
      • League of Women Voters
  • Progressive Actions
    • Labor Actions
    • Justice Actions
    • Tax Reform Actions >
      • Baltimore Tax Actions
      • Maryland Tax Reform Actions
    • Healthcare Actions
    • Public Education Actions
    • Rule of Law Actions >
      • Suing Federal and State government
    • Free and Fair Elections Actions
  • Maryland/Baltimore Voting Districts - your politicians and their votes
    • 2014 ELECTION OF STATE OFFICES
    • Maryland Assembly/Baltimore
  • Petitions, Complaints, and Freedom of Information Requests
    • Complaints - Government and Consumer >
      • Sample Complaints
    • Petitions >
      • Sample Petitions
    • Freedom of Information >
      • Sample Letters
  • State of the Democratic Party
  • Misc
    • WBFF TV
    • WBAL TV
    • WJZ TV
    • WMAR TV
    • WOLB Radio---Radio One
    • The Gazette
    • Baltimore Sun Media Group
  • Misc 2
    • Maryland Public Television
    • WYPR
    • WEAA
    • Maryland Reporter
  • Misc 3
    • University of Maryland
    • Morgan State University
  • Misc 4
    • Baltimore Education Coalition
    • BUILD Baltimore
    • Church of the Great Commission
    • Maryland Democratic Party
    • Pennsylvania Avenue AME Zion Church
    • Maryland Municipal League
    • Maryland League of Women Voters
  • Untitled
  • Untitled
  • Standard of Review
  • Untitled
  • WALSH FOR GOVERNOR - CANDIDATE INFORMATION AND PLATFORM
    • Campaign Finance/Campaign donations
    • Speaking Events
    • Why Heather Mizeur is NOT a progressive
    • Campaign responses to Community Organization Questionnaires
    • Cindy Walsh vs Maryland Board of Elections >
      • Leniency from court for self-representing plaintiffs
      • Amended Complaint
      • Plaintiff request for expedited trial date
      • Response to Motion to Dismiss--Brown, Gansler, Mackie, and Lamone
      • Injunction and Mandamus
      • DECISION/APPEAL TO SPECIAL COURT OF APPEALS---Baltimore City Circuit Court response to Cindy Walsh complaint >
        • Brief for Maryland Court of Special Appeals >
          • Cover Page ---yellow
          • Table of Contents
          • Table of Authorities
          • Leniency for Pro Se Representation
          • Statement of Case
          • Questions Presented
          • Statement of Facts
          • Argument
          • Conclusion/Font and Type Size
          • Record Extract
          • Appendix
          • Motion for Reconsideration
          • Response to Defendants Motion to Dismiss
          • Motion to Reconsider Dismissal
      • General Election fraud and recount complaints
    • Cindy Walsh goes to Federal Court for Maryland election violations >
      • Complaints filed with the FCC, the IRS, and the FBI
      • Zapple Doctrine---Media Time for Major Party candidates
      • Complaint filed with the US Justice Department for election fraud and court irregularities.
      • US Attorney General, Maryland Attorney General, and Maryland Board of Elections are charged with enforcing election law
      • Private media has a responsibility to allow access to all candidates in an election race. >
        • Print press accountable to false statement of facts
      • Polling should not determine a candidate's viability especially if the polling is arbitrary
      • Viability of a candidate
      • Public media violates election law regarding do no damage to candidate's campaign
      • 501c3 Organizations violate election law in doing no damage to a candidate in a race >
        • 501c3 violations of election law-----private capital
      • Voter apathy increases when elections are not free and fair
  • Maryland Board of Elections certifies election on July 10, 2014
  • Maryland Elections ---2016

July 18th, 2014

7/18/2014

0 Comments

 
from subprime mortgage fraud to municipal bond fraudFRO
FROM SUBPRIME MORTGAGE FRAUD TO MUNICIPAL BOND FRAUD-----NEO-LIBERALS AND NEO-CONS ARE ALL ABOUT MOVING MONEY TO THE TOP ANY WAY POSSIBLE

Let's compare again the 2008 subprime mortgage crash and the coming bond market crash to see it is neo-liberals working with neo-cons deliberately manufacturing these crashes with the goal of moving ever more public assets to the top.  Clinton's administrative team with Robert Rubin at Citigroup created the subprime mortgage plan with Greenspan and Tim Geithner and the Federal Reserve's Bernanke with Obama created this bond market crash.  Both required the neo-liberals in Congress to pass the laws allowing the conditions.

As we know the foreclosures on homes are still going strong and Maryland leads the pack.  Remember, almost none of the parking ticket of a settlement for subprime loan fraud made it to the victims of fraud---it is being sent back to the banks paying the settlement in the form of development subsidy.  So the transfer of homeownership has never stopped since we elected a super-majority of neo-liberals.  A ridiculous attempt at refinancing with a program called HARP delayed dispensing money for years and is now advertizing to help through the same mortgage lenders having committed the frauds.  Most people have of course lost their homes through yet again a fraudulent foreclosure process.  Can you imagine handing HARP to the same institutions defrauding trillions from the FHA? 

THESE CORPORATE POLS COULD CARE LESS WHAT YOU AND I THINK----THEY THINK THEY HAVE ELECTIONS CAPTURED AND WE CANNOT MAKE CHANGE!  THEY ARE WRONG!



'So, have QE and the ballooning debt been a fantastic success or a Questionably Effective policy designed to recapitalize banks and the financial elite at the expense of most others, including pension funds, retirement accounts, savers, and bond funds'?

QE is simply a policy to allow the FED to leverage debt to buy the toxic subprime loans from Wall Streets accounts making them look as though they have recapitalized.  Those trillions that the FED bought are the most toxic of subprime mortgage loans.  The second goal was lowering the interest rate for selling homes because after all Wall Street had tens of millions of foreclosed homes coming to them and they needed to sell them as cheaply as possible to maximize bank profits.  So while neo-liberals in Congress bailed out the banks---they left Main Street in mass foreclosure all designed to move these homes to Wall Street where they were bundled and resold to the same investment firms creating the mortgage frauds.  QE lowered interest rates to zero and the only ones benefitting were those banks peddling foreclosure bundles and the foreigners laundering their looted wealth from their country to US real estate.  That was the rising sales you heard on TV news.  We see it in Baltimore as developers are buying huge tracts of communities for next to nothing ----these communities being the ones devastated by the subprime loan fraud and foreclosures.  Consolidated ownership of property is good for no one.

The FED has a mission of economic stability and low unemployment and it is fraud and malfeasance when the policies they push do the opposite.  They pretended unemployment went down when it is now at 36%----they pretended they were keeping inflation low when it is at 5% ---and they certainly will not be able to claim economic stability when the market crashes in 2015 from the bond implosion. 

ALL INSTITUTIONS ASSOCIATED WITH GOVERNMENT ARE OPENLY WORKING AGAINST THE MISSION OF PROTECTING THE AMERICAN PEOPLE AND ONLY A FEW ARE BEING MADE RICH FROM THIS MALFEASANCE.

For those thinking their pensions have made gains to replace losses from 2008-----those gains are about to disappear and then some.


QE: Quantitative Easing or Questionably Effective

-- Posted Tuesday, 8 July 2014
By GE Christenson

We all know the S&P 500 Index has been on a 5+ year rally to all-time highs – thanks to ultra-low interest rates and the levitating wonder of “printing money” via QE – Quantitative Easing.  Examine the following chart of the S&P for the past 20 years.

If you were a member of the top 5 – 10% and had a large investment in the stock market, you increased your nominal net worth. However, if you were in the bottom 90%, then the wonders of QE did not “trickle down” to you and your family, except as higher prices.

Pension and retirement funds benefitted to the extent of their stock investments but they were hurt by generational low interest rates in their bond portfolios.  Simply put, the stock market rally benefitted a narrow band of society – mostly the political and financial elite and upper middle class.

But how does the massive rally in the S&P look when priced in barrels of crude oil?  Examine the following chart of weekly S&P divided by weekly Crude Oil prices – both smoothed with a 52 week moving average.


That rally in the S&P, when priced in barrels of crude oil, does not look nearly as impressive.  Remember – a small percentage of people benefit from higher stock prices, but everyone pays when oil prices rise.  The price of crude oil affects food prices, gasoline prices, shipping costs, home heating costs, mining and manufacturing costs, and so many more. 

When we look at the S&P in terms of crude oil, we see:

1)    The ratio is DOWN over 75% from its peak.

2)    The ratio has been essentially unchanged since 2006.

3)    The price of crude has risen for the last 14 years - much more rapidly than the S&P, along with a massive increase in debt and the money supply.

4)    A few people benefitted from the nominal rise in the S&P and most people were hurt by the rising costs of energy, gasoline, manufacturing, food, and so on.

5)    The overall US economy seems to be sputtering, unless you believe what financial television is “selling.”

So, have QE and the ballooning debt been a fantastic success or a Questionably Effective policy designed to recapitalize banks and the financial elite at the expense of most others, including pension funds, retirement accounts, savers, and bond funds?

QE looks like it produced a toxic cloud of dangerous mal-investment, debt and currency bubbles, higher consumer prices, and a weakened economy. 

___________________________

The FED was busy taking trillions of subprime mortage loans off banks accounts leaving the FED leveraged to the max right before this coming bond crash.  What happened when the insurance corporation AIG was tethered to this same fraud?  Taxpayers paid the debt and indeed the FED's debt will be handed to taxpayers with this coming bond crash.

The other stash for toxic loans was Freddie and Fannie and rather than making banks write off those fraudulent loans to clear the debt on these public/private entities-----Obama and neo-liberals are embracing the debt as public debt and taxpayers are paying off yet another trillion in fraudulent loans there.

Friday, September 14, 2012
 
QE Infinity: Fed Buying More Toxic Assets From Banks Will NOT Help Main Street Dees Illustration

Eric Blair
Activist Post

Ben Bernanke and the Federal Reserve announced an open-ended bailout for the banks yesterday by a new mechanism called QE Infinity where they plan to purchase $40 billion of toxic mortgage-backed securities per month "until further notice".

Shrouded in confusing language like "unlimited stimulus" or "quantitative easing", this unprecedented move and rule change by the Fed was said to be warranted because employment remains weak even though they still maintain the false notion that "economic activity has continued to expand at a moderate pace in recent months."

As stated in the FMOC press release:
If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability. Of course this move "to foster maximum employment and price stability" does nothing to directly help job creation, and will continue to hurt main street by inflating the price of everything purchased by dollars. Yet it will clearly reward the investor class who already own most of the dollar-based assets.

The theory is that by removing toxic assets from the bank's books they have more liquidity to offer more credit, or to purchase more government debt. Somehow this is supposed to trickle down and help improve unemployment, which real numbers show to be in the 20% range when all factors are considered.

After a combined $2.3 trillion from
QE1 ($1.7T) and QE2 ($600B), plus over $16 trillion is secret bailouts to recapitalize banks with absolutely no measurable improvement in the economy, how could any thinking person believe this policy will be beneficial?


Since mortgage-based assets total a conservative $600 TRILLION, QE Infinity is nothing more than an endless giveaway to the criminal banks at the expense of struggling taxpayers. Wall Street will obviously celebrate the move and stock prices will go up, along with food and energy prices.

It is so blatantly a policy that will steal from the poor to give to the rich.  It also makes one wonder how can the government cry poor when it comes to paying for food stamps, healthcare, education, and other benefits for the needy when they have endless trillions to prop up the banksters?

Significantly, this announcement comes on the heels of a census report that shows median incomes have fallen to levels of the
late 1960s and early '70s. Of course, the mainstream version is they've only fallen to 1989 levels, which is hardly any better.

ShadowStats.com
The census report showed that the middle class is struggling with a median family income of $50,054. In 2010, Michael Snyder decisively proved that it is flat impossible for a family of four to survive on this income in America, and prices for essentials have only increased over the last two years primarily because of the Fed's reckless money printing.

This policy is an absolute disgrace and represents the final looting of the American people. There will simply be nothing left to the value of the dollar, and all of the important assets will be funneled straight up to the elite banksters.

You think you are slaves now?  Just wait.

______________________________

JUST WAIT says the article above.  Below you see how Obama and neo-liberals in Congress passed the laws creating the conditions for this bond bubble knowing a crash would hit Federal, state, and local governments the hardest.  As I question Maryland politicians about these bond leverage deals that place the taxpayer in charge of debt for decades and telling them the bond market is getting ready to crash----they tell me----OH, THAT WON'T EFFECT A PLAIN VANILLA BOND DEAL LIKE THIS!  Plain vanilla bond deal?  When Obama and Congress created terms for bonds that made the world want to buy them the bond bubble soared.  Then, the FED QE made them soar.  Remember, when the subprime loan crash came we found all of Wall Street investors in these loans had Credit Default Swaps-----insurance against losses ----with AIG being the corporation served up in sacrifice for the fraud.  These toxic policies were insured for 100% on the dollar and Obama and Geithner made sure that 100% was paid by taxpayer bailout.

Below you see the same thing happening.  The boom market now in insurance is Bond Insurance.  We see this corporations looking to be the AIG of this bond fraud as it insures bond deals against losses at 100%.  We all know the crash is coming so why are these insurance deals happening?  Taxpayers will come in to bailout this insurance corporation when the bond crash occurs. 

As you see Moody's and the other rating corporations are still in the game rating these bonds and the insurance no doubt AAA as it does Maryland and its financial picture. 


THIS ENTIRE BUSINESS DEVELOPED IN RESPONSE TO THE POLICIES IMPLEMENTED BY OBAMA, CONGRESS, AND THE FED.  IT IS THERE SIMPLY TO ALLOW THESE BANKS TO CREATE BOOM AND BUST WITH NO LOSSES FOR THE PEOPLE DOING IT.


Answers to Questions about the Novation of CIFG Assurance North America, Inc. Municipal Bond Insurance Policies to Assured Guaranty Corp.
 
December 12, 2011

In January 2009, CIFG Assurance North America, Inc. (CIFG) and Assured Guaranty Corp. (AGC) entered into a reinsurance transaction whereby AGC provides reinsurance to CIFG with respect to certain U.S. public finance and infrastructure bond insurance policies (the "covered policies").  CIFG and AGC also agreed that they would use commercially reasonable efforts to novate the covered policies to AGC.  CIFG has begun sending requests to the issuers of insured obligations (or to the applicable trustee of the bondholders) seeking consents for the novation of the covered policies. 

The novation is being implemented in two phases.  In the first phase, consents are being solicited for bonds insured in the primary market.  Bonds insured in CIFG’s secondary market custodial receipt program will be solicited in the second phase.
To the extent regulatory filings or approvals are required in connection with the novation of any policy, requests for consent will only be sent after any applicable waiting periods have elapsed or any required approvals have been obtained.

What are the benefits of novation?

Novation gives bondholders the direct protection of AGC’s claims-paying resources.  Once a municipal bond insurance policy has been novated,
AGC will request, and expects to obtain, an AGC insured rating from S&P, Moody’s or both depending on which originally provided a CIFG insured rating for the related bonds.  Although AGC already provides 100% reinsurance for the covered policies and administers the policies on behalf of CIFG, CIFG remains the insurer until the policies are novated, and the bondholder remains subject to credit risk of CIFG.

As a bondholder, do I need to take any action for the bond insurance policies to be novated?

In general, bondholders are not being asked to take any action at this time.  If there is a trustee for an issue insured by CIFG at origination, the trustee has been asked to execute a consent to the novation.  If there is no trustee (as is true for many municipal general obligations that utilize a paying agent), then the issuer has been asked to execute such consent.  If an insurance policy was written by CIFG after the bonds began trading in the secondary market, the custodian bank holding the custodial receipt that associates the policy with the insured bonds will be asked to execute the consent. Bondholders may be contacted directly by the applicable trustee, issuer VIEW LIST OF COVERED POLICIESor custodian bank as part of the consent process.

The offer to novate a particular municipal bond insurance policy will be open through the date specified in the offer unless such date is extended or the solicitation is earlier terminated at the sole discretion of CIFG and AGC.   Bondholders should contact the trustee, issuer or custodian to inquire about the status of the request and whether any action has been taken.  Bondholders are also encouraged to send their contact information, together with the name of the issuer, CUSIP number, original par, series and other identifying information concerning the insured bonds, to CIFG at novationteam@cifg.com in order to facilitate the novation process.

How will I know if the insurance policy has been novated? 

Novated policies will be identified in a list of covered policies maintained on this page of the Assured Guaranty website, which may be reached at www.assuredguaranty.com/novation.  Additionally, once S&P and Moody’s have issued new insured ratings for a given issue, those ratings should be reflected on data services such as Bloomberg.

VIEW LIST OF COVERED POLICIES
What happens to the insurance policy when novation takes place?

All of the terms and conditions of the policy will remain unchanged, except that AGC will be the insurer in full substitution for CIFG and, because of that substitution, AGC will have all of the rights and obligations of CIFG under the policy and related documents and CIFG will be fully released of its obligations under the terms of the policy. The consent form signed by AGC and the issuer, trustee or custodian, as the case may be, and a notice of effective date issued by AGC following receipt of the signed consent form will become part of the policy.

Will all the municipal bond insurance policies be novated at the same time?

No.  Except as described below, the effective date for each policy’s novation is the date on which CIFG receives an executed consent form for that policy.

If CIFG issued a debt service reserve fund surety bond or a swap insurance policy in connection with my CIFG-insured bonds, will that be novated, too?

Separate consent requests are being sent to issuers, trustees or swap counterparties, as appropriate, for each debt service reserve fund surety bond and swap insurance policy.  In cases where a debt service reserve fund surety bond or a swap insurance policy was issued in connection with a bond insurance policy or policies, CIFG must receive the executed consent forms for each bond insurance policy, debt service reserve fund surety bond and swap insurance policy, as applicable, before the novation of such policies and surety bond shall become effective.  (Where there is no debt service reserve fund surety bond or swap insurance policy, multiple bond insurance policies issued in connection with a single bond transaction may be novated independently.)

________________________________________________

Do you see anything below that leads you to believe the FED is acting in the public interest?  It is Obama and Congress that appoints these FED chairs.  DO YOU HEAR YOUR POLS SHOUTING THE FED IS ACTING CRIMINALLY?

If you do not hear your pols shouting about this rogue FED policy they are neo-liberals working for wealth and profit ----NOT DEMOCRATS FOR GOODNESS SAKE.  GET RID OF THEM!


Mission
The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded. Today, the Federal Reserve's duties fall into four general areas:

  • conducting the nation's monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates
  • supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system and to protect the credit rights of consumers
  • maintaining the stability of the financial system and containing systemic risk that may arise in financial markets
  • providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation's payments system

Is the Federal Reserve accountable to anyone?
 
The Federal Reserve is accountable to the public and the U.S. Congress. The Fed has long viewed transparency as a fundamental principle of central banking that supports accountability. In the area of monetary policy, the Federal Reserve reports
twice annually on its plans for monetary policy. In addition, the Chairman and other Federal Reserve officials often testify before the Congress. To further foster transparency and accountability in monetary policy, the Federal Open Market Committee publishes a statement immediately following every FOMC meeting that describes the Committee's views regarding the economic outlook, and provides a rationale for its policy decision. Full minutes for each meeting are published three weeks after each FOMC meeting. Full verbatim transcripts of the FOMC meetings are made available with a five-year lag. Further, the Federal Reserve Chairman holds press conferences after selected FOMC meetings to discuss the monetary policy outlook.

The Federal Reserve is transparent and accountable in its other functions as well. The Board of Governors prepares an
Annual Report summarizing activities of the Board and all Reserve Banks; the annual report is delivered to the Congress. To ensure financial accountability, the financial statements of the Federal Reserve Banks and the Board of Governors are audited annually by an independent outside auditor. In addition, the Government Accountability Office, as well as the Board's Office of Inspector General, frequently audit many Federal Reserve activities. Weekly, the Board of Governors publishes the Federal Reserve's balance sheet. During the recent financial crisis, the Federal Reserve provided information about its lending programs on its public website and in a special monthly report to Congress.







0 Comments

August 24th, 2012

8/24/2012

0 Comments

 
What we saw yesterday is the American Troika with corporate politicians in the government leadership and the corporate 1% both pressing the state public university system to privatize its administration with MBA department heads and CEOs replacing academic deans.   We talk of the tuition prices going sky high at public universities and this is why:  O'Malley and Third way state legislators took a basic  university structure and built an administration to support the Wall Street affiliation, an administration to support the corporate affiliation, and an administration to support the Federal agency affiliation.  So a university must connect Goldman Sachs, the National Institutes of Health, and Johns Hopkins University.....that is a lot of administration and student tuition is supporting what taxpayers aren't.  This is the "NEW ECONOMY" and it is killing the middle/lower class and our democracy.  YOUR DEMOCRATIC INCUMBENT IS BACKING THIS 100%.  ANTHONY BROWN AND MAGGIE MCINTOSH IN MARYLAND ARE HEADING THE EFFORT FOR O'MALLEY AND RAWLINGS.  Below you'll see the prototype for these university based innovation centers.  Every time you hear of these programs they always use the code words strong education and innovation.  This is the same as the code words job-creator and working for the middle-class.  In both cases these politicians and policies are doing neither.  They are simply subsidizing the costs of research and development for technology with taxpayer and student tuition while transferring labor costs to students working for free and getting tax breaks for being good corporate citizens.  WE HAVE PASSED THROUGH THE LOOKING GLASS AND ARE NOW IN THE LAND OF THE MAD HATTER FOLKS!  THESE PEOPLE AT THE TOP ARE SOCIOPATHS OF THE HIGHEST DEGREE AND WE MUST BE RID OF THEM.

VOTE YOUR INCUMBENT OUT! 

BELOW YOU SEE THE CONSERVATIVE FOUNDATION WHOSE POLICY WAS ADOPTED BY CLINTON IN THE 1990s AS THESE PUBLIC-PRVATE PARTNERSHIPS STARTED. ITS IMPORTANT TO UNDERSTAND THAT THIS WHOLE HEALTH CARE REFORM IS A REPUBLICAN CORPORATE PLAN TO PRIVATIZE HEALTH CARE.

IT IS NOT IN THE PUBLIC'S INTEREST!!!!


Kauffman Foundation Analyzes
New Approach to Moving University Innovations to Market and Filling Seed-Stage
Funding Gap
 

 
 Foundation to form network to facilitate 'proof of concept' center development
 
 (KANSAS CITY, Mo.) Jan. 24, 2008 — An emerging approach to identifying, funding and commercializing university-based innovation is proving quite effective at seeding new companies, according to research conducted by the Ewing Marion Kauffman Foundation and the Max Planck Institute of Economics.

According to the Kauffman Foundation, "proof of concept centers" are an effective vehicle to help launch the commercialization of university innovation
and to fill the seed-stage funding gap for new technologies.

Proof of concept centers provide seed funding to university-based early stage research as well as a host of advisory services and educational initiatives to
assist students and faculty with market research, mentoring, development and testing of innovations, preparation of business plans and connections to the
commercial market.

The report examines two such centers, the Deshpande Center at MIT and the von
Liebig Center at the University of California San Diego.


According to researchers, since the two centers' creation in 2002, they have collectively awarded nearly $10 million in seed grants and launched 26 seed-stage companies that have accumulated more than $159 million in private
capital. Both centers are funded from philanthropic donations.

The lessons learned from the proof of concept study have led the Kauffman Foundation to form a network that will bring centers together to study best
practices, establish metrics and define points of future research. The Deshpande and von Liebig centers will be founding members of the new network.


"The centers' successes and strategies provide a promising model for replication, and this network will help advance this new approach," said Lesa
Mitchell, vice president of Advancing Innovation, Kauffman Foundation. "The network will help them to share strategies such as how to help grantees leverage
more capital for their technologies."


"By legitimizing a researcher's technology, these centers enable and accelerate the acquisition of private capital for university technology," said Christine A. Gulbranson, director, Advancing Innovation, Kauffman Foundation,
and one of the paper's authors.

"Proof of concept centers assist with the exchange of ideas between the university innovations and industry," said David B. Audretsch, director, Max Planck Institute of Economics. "Providing mentors with experience in innovation and industry connections help link faculty and students to external networks."


The report also provides an outline for other universities to use in replicating proof of concept centers.


According to the report, a successful proof of concept center benefits from locating at universities that produce innovative and marketable technology, are located within a strong external network of investors and innovators and have an administrative team and advisors with a depth of commercialization expertise. A unified approach of providing seed funding, advisory services with industry connections and educational initiatives also is vital to ensure the commercialization of university technology.


A copy of the paper
is available for download. In addition,
an analysis of the Kauffman Foundation report will be published in the June 2008
issue of The Journal of Technology Transfer.


My background is as a medical research academic and I've spent 30 years in the medical field.  There has always been a slow deliberative nature to medical research that necessarily meant when data was published it had been qualitatively and quantitatively duplicated and tested until safety and accuracy was assured.  We did this with public money and with no financial benefit other than our salaries.  That made us unbiased and committed to the science.  Once the discoveries were made, then anyone could become the enterpreneur.  Below you'll see a current article by Health and Human Services that describes the need for all these outside sources and efficiencies to create an effective research environment.  I DON'T KNOW HOW WE MANAGED TO CREATE THE GREATEST SPAN OF MEDICAL INNOVATION THE OLD FASHION WAY.......PERHAPS IT INVOLVED THE CORPORATIONS AND THE RICH PAYING TAXES THAT SERVED AS REVENUE FOR THIS PUBLIC RESEARCH.  SO, IT IS OBVIOUS THAT THESE CORPORATE POLITICIANS ARE TRYING THEIR HARDEST TO CREATE A MODEL THAT TAKES BEST PRACTICES AND CORPORATE FUNDING OUT OF THE LOOP.  LEVERAGE IS IN.


CHAPTER ELEVEN - Health and Human Services Text


Fostering Evidence-Based Practice and Innovation

Funding Research

Researchers increasingly have relied upon private sources and clinical revenues for funds.  Funds for health research and development increased by 10.5 percent annually between 1984 and 1994 (Mechanic, 1996), but the source of
research money has shifted from predominantly public sector (45 percent of funds in 1993 compared to 56 percent in 1983) to private sector sources (50 percent in
1993 compared to 39 percent in 1983) (NIH, 1996).  The pharmaceutical industry, for example, invests $19 billion a year in research (Bello, 1997).  THIS SHIFT IS DUE TO THE PRIVATIZATION OF MEDICAL RESEARCH FOR PROFIT.  PHARMA AS WE KNOW MADE MEDICINE A PROFIT MACHINE.  THEY ALSO PROVIDED TONS OF MEDICINE THAT PROVED NOT TO DO WHAT THEY SAID AND WAS MARKETED BEFORE TESTING ELIMINATED CHANCES OF HARM.  THIS IS WHAT THESE INNOVATION CENTERS WILL PUT INTO OVERDRIVE!!!


Research Infrastructure and Workforce.

Expanded  public and private funding of health care research needs to be accompanied by a robust research infrastructure and a workforce of highly qualified investigators.  The
highly competitive health care market poses challenges to academic health centers and may threaten the subsidies that clinical revenues provide for research and education (HHS, 1997).  One study estimates that clinical services delivered by medical school faculty raised more than $800 million in 1993 that was used to subsidize clinical research -- an amount equal to about one-fifth of the funding medical schools received from NIH grants (AAMC, 1997).  The costs that academic health centers incur due to their research and teaching functions, as well as the disproportionate share of uncompensated care that many provide, leads to charges that have been estimated to be as much as 15 percent to 35 percent higher than community hospitals, even after adjusting for case-mix differences (Skirboll, 1997; Blumenthal, 1996).  These higher charges can make it difficult for academic health centers to compete with other health care delivery organizations. 
THE FACT THAT THE HEALTH CARE FIELD HAS BEEN ALLOWED TO BECOME 'COMPETITIVE' FINANCIALLY RATHER THAN ACADEMICALLY IS THE PROBLEM.


In addition, academic health centers face increased competition from private research centers as a greater share of funding flows to these entities from industry sources.  One analyst estimates that these contract research organizations currently manage one-half to three-quarters of Phase III and Phase IV clinical trials (Blumenthal, 1996).  Although the portfolio of health care research conducted by academic health centers and private research centers often
differs, traditional research institutions are facing increased competition not only in the funds available for research, but also in the increasing array of organizations available to provide research capability.

ACADEMIC HEALTH RESEARCH DOES NOT NEED TO COMPETE .....THAT IS NOT ITS MISSION.  PRIVATE INDUSTRY CAN SUPPORT PRIVATE RESEARCH ALL IT WANTS AS LONG AS IT IS PAYING TAXES TO SUPPORT PUBLIC RESEARCH!  THE COMMERCIALIZATION OF HEALTH CARE IS AN ANATHEMA IN A FIRST WORLD DEMOCRATIC SOCIETY AND MUST STOP.  THIS IS A THIRD WAY CAUCUS POLICY........WE NEED REAL PROGRESSIVES IN OFFICE.

VOTE YOUR INCUMBENT OUT OF OFFICE!!!!!

 

0 Comments

August 16th, 2012

8/16/2012

0 Comments

 
I WANT TO END THE FOCUS ON UNIONS AND LABOR WITH THIS; WHILE I FOCUS ON LOCAL AND STATE POLITICS WITH MY ANTI-INCUMBENT MANTRA EVERYONE NEEDS TO REMEMBER THAT THE ONLY NATIONAL DEMOCRATIC CANDIDATES BEING PARADED NOW ARE O'MALLEY, CUOMO, AND BIDEN......ALL NAKED CAPITALISTS WHO WILL PUSH THIS 'NEW ECONOMY' FOR ALL ITS WORTH.  IF YOUR LABOR AND JUSTICE LEADERS ARE NOT SHOUTING OUT AND PROVIDING LABOR/JUSTICE NATIONAL CANDIDATES FOR THE PRESIDENTIAL ELECTION AFTER OBAMA......THEY ARE NOT WORKING FOR THE LOWER/MIDDLE CLASS.

I want to stay with the public meeting on BGE for one more day.  There are two public interest groups in Maryland that are supposed to advocate for just this issue-----the People's Counsel and Maryland Consumer Rights Coalition.  People's Counsel was at this meeting to 'listen to the people' as if that was needed for them to know the situation.  Both of these 'public' interest groups are composed of selected members that often are connected with the  State's Attorney General's office.  Since we know that Doug Gansler is a big, fat corporate lawyer it stands that membership in these 'public' interest groups may be skewed towards corporate interests, which is why we never hear from them until an issue is about to be decided.  After all, they wouldn't want to stir the public outrage with public condemnation of corruption and crime in the state.  I let the People's Counsel know this.....he wasn't happy with me.

I listened to WYPR, mouthpiece for the 'New Economy' while Frazer Smith reported of Mary Pat Clarke's statements at this public meeting on BGE with her list of concerns.  I can tell you that Mary Pat was not there, nor were any Baltimore politicians, a fact that I heard the PSC members note.  Her surrogate noted that her views were sent to the commission as I am sure all other politicians will say.  IF YOUR INCUMBENT CAN NOT COME OUT AND PUBLICLY DENOUNCE THE STATE OF OUR STATE POLICY AND OVERSIGHT....IF THEY REFUSE TO GALVANIZE PUBLIC OUTRAGE.....THEY ARE NOT WORKING FOR THE LOWER/MIDDLE CLASS!!!  'WE TALK BEHIND CLOSED DOORS' I'M TOLD.  I SAID THAT WITH MASSIVE, MASSIVE PROBLEMS ONE MOVES FROM THE CLOSED DOORS AND SHOUTS LOUDLY, STRONGLY, AND PUBLICLY IN ORDER TO DO THEIR JOB.

Do you hear Consumer Rights Coalition?  You will just before the rate hike is announced....they will decry it then.  They are busy administering the foreclosure money/mortgage write-down scheme.  Today on NPR we hear of a non-profit geared to facilitate the write-down of mortgage principle by basically shouldering all the administrative costs of doing so for the banks.  The media won't remind you that it is the taxpayer and the fraud settlement money paying for these write-downs....it is not the banks volunteering that extra $600-800 billion they owe.  That is what Maryland Consumer Rights is doing.  Obama sent billions of federal taxpayer money to states to facilitate this write-down and state's attorney general like Doug Gansler assigned a portion of the $1 billion he received as settlement towards this.  So you and I are funding this write-down process just as taxpayers would pay for a Superfund Environmental Cleanup.  Now, it will sound as though the banks are coming around and doing the right thing in these write-downs, not that they are simply paying the fraud settlement.  The settlement allows the banks to choose who gets the write-down and we expect that most of those getting the benefit will be affluent homeowners whose mortgage is underwater.  Remember, your Third Way Democrat raised the eligibility for Federal Housing Protection to apprximately $700,000 home value just for this purpose.  Middle-class homes run $200,000-400,000 don't you think?  ASK WHO IS GETTING A WRITE DOWN IN YOUR STATE!!!

A quick mention about what appears to be another questionable action in Baltimore.  The Baltimore Business Journal announced that there would be a public meeting to discuss the tax credit designation of Harbor East development.  Remember, the people have a voice in this!  Only when I arrived at the location below there was no sign of a meeting.....no one knew about it and it never happened.  This is the Johns Hopkins Eastern Campus----Emerging Technology Building as Hopkins is Baltimore Development Corporation.  I'll let Baltimore Business Journal know there was no meeting.  I'm sure it was a mistake.
 

FROM THE BALTIMORE BUSINESS JOURNAL:

The Baltimore Development Corp. has scheduled a public hearing on the request for 6:30 p.m. on Wednesday at the Emerging Technology Center at 1101 E. 33rd St. in Baltimore. Harbor East Development officials will be there.

________________________________________________
MARYLAND CONSUMER RIGHTS COALITION WOULD BE THE FIRST TO WARN OF THIS SCAM......DO YOU HEAR THEM?

AS I SAID ABOVE THE ENTIRE SETUP FOR MORTGAGE WRITE-DOWNS IS MANUFACTURED.....IT DOESN'T MAKE THE BANKS PAY, IT MAKES YOU AND I PAY.  THESE UNDERWATER LOANS ARE UNDERWATER BECAUSE OF THE HYPER-INFLATED HOUSING MARKET CAUSED BY FRAUD AND WRITING DOWN THESE MORTGAGES ARE THE 'DAMAGES' PART OF THE CRIMINAL FRAUD CHARGES.  YOU SEE HOW QUESTIONABLE THIS NON-PROFIT NACA IS.....I HAVE ONLY HEARD BAD THINGS....THEY ARE BASICALLY A PREDATORY DEBT CONSOLIDATOR FOR MORTGAGES.  I'M SURE WE'LL SEE THEM IN MARYLAND.

BELOW ARE COMMENTS FROM READERS OF THE NPR ARTICLE.  MARKETPLACE MAKES THE ORGANIZATION SOUND GOOD.  I ASKED HOW THE FEDERAL TAXPAYER FUNDING AND THE FRAUD SETTLEMENT MONEY PLAYS INTO THE WRITE-DOWNS....DOES ANY OF THESE WRITE-DOWNS REPRESENT NEW CONCESSIONS?  NO.

If you actually go to the NACA website and use the mortgage calculator there is a Home save/membership fee of $50 that is tacked on monthly for the life of the mortgage. This fee is alleged to be used for post purchase counseling, financial assistance and other NACA benefits. Over the course of a thirty year loan that fee adds up to $ 18,000. Seems like this non-profit is out to make a dollar just like the banks.


NACA is a for profit enterprise disguised as a housing non-profit and it only helps 5% of the people it claims it helps. Bruce Marks uses his image of a "banking terrorist" to get people to come to his events. He then uses the event to screen people for Community Redevelopment loans which account for 5% of the people who come through the door. Because he is legally a "housing non-profit" he can get a discounted interest rate from the bank and he gets paid by the bank. He not only gets a loan origination fee of 2% on the loans that close, he gets a SRP on the back end of the loan from the lender for 2%. So it's a numbers game. If he has 10,000 people show up and he closes 500 files with an average loan amount of $100,000 he made $3,000,000 from one session. He doesn't pay for the space, he gets the banks to pay for it and if they refuse he threatens to post the the home addresses of the bank's key executives on his website and encourages his people to harass bank executives' kids at school.

He's signs people up, tells them not to make their payments and if he can't get them a CRA loan he blows them off. I've heard countless horror stories about NACA

Persuading Banks To Give Homeowners A Break
 by
Chris Arnold    August 16, 2012     NPR


 
Over the past four years, Bruce Marks has been on a traveling road show to help people avoid foreclosure. His nonprofit, the Neighborhood Assistance Corporation of America, has held more than 80 events in cities around the country. So far, Marks says, NACA has helped 202,000 people get their payments lowered so they can afford to keep their homes.

"The banks now reach out to their borrowers, to their customers, to come to the NACA Save the Dream events so they're doing that because it makes business sense for them," Marks says.

He says he has figured out how to get this broken system to work better. In each city, he rents out a big convention center. All the big banks — Wells Fargo, Bank of America, JPMorgan Chase — send teams of people, sometimes several hundred bank employees altogether. They can approve loan modifications on the spot for homeowners who show up and qualify.

'It's Not Easy'

"It's not easy, you know; it's very, very hard because you work and you know you're trying to make ends meet and trying to get a place for your kids," says Rebecca Asare, an immigrant from Ghana who attended a recent NACA tour event in Worcester, Mass.

In 2009, Asare was working as a technician at a medical device company. But she says the work got outsourced to China. "So there was a layoff and a lot of us had to go home," she says. "So [it became a struggle] with my mortgage because I'm a single mom here; my husband is in Africa."

Asare has since managed to go back to school and get a job as a nursing assistant. She has a decent income and wants to find a way to keep her house.

But Marks says that banks too often foreclose, even in cases where it clearly makes sense to keep people in their home and paying their mortgage at a lower interest rate. Sometimes it's for seemingly crazy reasons — like they're missing a tax document that they already faxed in three times.

"This is the most dysfunctional industry in the world," Marks says.

Building His Own System

The banks disagree, but they admit that their systems were not prepared to handle the scale of the foreclosure crisis.

Four years ago, Marks decided that if the banks' computer systems and call centers were all tangled up and not built to handle the problem, he would build his own system.

"We learned what didn't work," he says. "We kept failing at various things, so then what we learned is we had to go outside of the banks. We had to set up our own systems outside of the way that they do business. In essence we had to do the work for them, and that's what we do."

NACA counselors help homeowners scan all their documents — tax forms, identification, bank statements — into a computer system that the nonprofit developed. If they're missing any papers, they can go home and get them. And NACA organizes all this into an online package for the banks.

When Marks first told the nation's biggest banks he wanted them to patch into his computer system, he says, "they said, 'Never — we don't do that because this is Bank of America, this is Chase, this is Wells [Fargo]. We have our own systems.' "

Putting Pressure On Bank CEOs

But Marks does a pretty good angry bulldog imitation. And when the banks would say no to things like this, he'd round up hundreds of homeowners to protest at the banks' headquarters — even at some CEOs' houses and country clubs.

At one point, in 2009, Marks was targeting JPMorgan Chase CEO Jamie Dimon, whose house is on the edge of a lake. "We were going to bring hundreds of people on rafts, going over water to do a beach landing on his property," Marks says.

That protest never actually happened. After Marks started buying up landing rafts for this flotilla, Chase got wind of this. And Marks says the bank agreed to take part in his Save the Dream tours. Marks says Chase has since been a good partner. The bank had no comment.

But while the banks seem to be playing ball with Marks now, sometimes his aggressive style creates conflicts with people you might think would be his friends. During his road shows he has had some turf battles with local housing nonprofits. But the show goes on.

When a homeowner gets approved for help in the Bank of America area, bank employees actually wave plastic clapper noisemakers and ring a gong.

A Positive Answer, Then Relief And Joy

Homeowner Asare sat with mortgage specialist Deanzala Johnson, who told her she qualified to keep her house with a modified and affordable mortgage payment. Asare was overjoyed and called her 12-year-old daughter to share the news that they could stay in their home.

"My daughter says, 'Mommy, can you fix my room back again for me because you pack all the stuff,' " Asare says.

Asare had been so worried about getting foreclosed on that for months her kids had been living out of suitcases, which had been packed in case they had to move.

But now Asare has a clean slate and can keep her house. If she stays current, Bank of America will pay NACA for negotiating a successful outcome, and that helps fund these events.

Of course, not every homeowner has enough income to qualify. "We can't make everyone happy," Johnson says. "That's just basically it. ... We try our best to do what we can as far as we can go."

But for those who do get a loan modification, Marks estimates that more than 90 percent of homeowners keep making their payments after a year.

This week, the group starts two more Save the Dream events — one on Long Island, N.Y., and the other in St. Louis
.

THIS IS MY COMMENT TO NPR:

I want to add to the dubious nature of this process.  I have watched NACA act as described below in the comments section.  They do have a for-profit nature to their service or they wouldn't have so much revenue accumulated.  My comments concern the nature of this current mortgage modification in that NPR never mentions from where the modification money comes.  We know Obama sent billions in federal taxpayer money to modify these loans and we know that the fraud settlement required this write-down so it seems clear that these banks are not contributing new money or making concesstions, they are just using more taxpayer money to pay for the process as NACA describes the operation they created to do these modifications.  The taxpayer is paying for the modifications themselves and the banks are selecting which write-downs to do as the settlement requirement permits.  This is all on the bank's terms and much of the money lost in the modification comes from the taxpayer.

It would be important to know who receives these write-downs because I am sure most of the money will go to upper-middle class homeowners whose house is underwater.  That is why Congress and Obama changed HUD's insurance range to include $700,000 homes.





0 Comments

    Author

    Cindy Walsh is a lifelong political activist and academic living in Baltimore, Maryland.

    Archives

    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012

    Categories

    All
    2014 Economic Crash
    21st Century Economy
    Affordable Care Act
    Affordable Care Act
    Alec
    Americorp/VISTA
    Anthony Brown
    Anthony Brown
    Anti Incumbant
    Anti-incumbant
    Anti Incumbent
    Anti Incumbent
    Attacking The Post Office Union
    Baltimore And Cronyism
    Baltimore Board Of Estimates
    Baltimore Board Of Estimates
    Baltimore Development Corp
    Baltimore Development Corp
    Baltimore Recall/Retroactive Term Limits
    Bank Fraud
    Bank Fraud
    Bank Of America
    Bank Settlement
    Bank-settlement
    B Corporations
    Bgeexelon Mergerf59060c411
    Brookings Institution
    Business Tax Credits
    California Charter Expansion
    Cardin
    Career Colleges
    Career Colleges Replacing Union Apprenticeships
    Charters
    Charter School
    Collection Agencies
    Common Core
    Consumer Financial Protection Bureau
    Consumer-financial-protection-bureau
    Corporate Media
    Corporate-media
    Corporate Oversight
    Corporate-oversight
    Corporate Politicians
    Corporate-politicians
    Corporate Rule
    Corporate-rule
    Corporate Taxes
    Corporate-taxes
    Corporate Tax Reform
    Corporatizing Us Universities
    Cost-benefit-analysis
    Credit Crisis
    Credit-crisis
    Cummings
    Department Of Education
    Department Of Justice
    Department-of-justice
    Derivatives Reform
    Development
    Dismantling Public Justice
    Dodd Frank
    Doddfrankbba4ff090a
    Doug Gansler
    Doug-gansler
    Ebdi
    Education Funding
    Education Reform
    Edwards
    Election Reform
    Election-reform
    Elections
    Emigration
    Energy-sector-consolidation-in-maryland
    Enterprise Zones
    Equal Access
    Estate Taxes
    European Crisis
    Expanded And Improved Medicare For All
    Expanded-and-improved-medicare-for-all
    Failure To Prosecute
    Failure-to-prosecute
    Fair
    Fair And Balanced Elections
    Fair-and-balanced-elections
    Farm Bill
    Federal Election Commissionelection Violationsmaryland
    Federal Election Commissionelection Violationsmarylandd20a348918
    Federal-emergency-management-agency-fema
    Federal Reserve
    Financial Reform Bill
    Food Safety Not In Tpp
    For Profit Education
    Forprofit-education
    Fracking
    Fraud
    Freedom Of Press And Speech
    Frosh
    Gambling In Marylandbaltimore8dbce1f7d2
    Granting Agencies
    Greening Fraud
    Gun Control Policy
    Healthcare For All
    Healthcare-for-all
    Health Enterprise Zones
    High Speed Rail
    Hoyer
    Imf
    Immigration
    Incarceration Bubble
    Incumbent
    Incumbents
    Innovation Centers
    Insurance Industry Leverage And Fraud
    International Criminal Court
    International Trade Deals
    International-trade-deals
    Jack Young
    Jack-young
    Johns Hopkins
    Johns-hopkins
    Johns Hopkins Medical Systems
    Johns-hopkins-medical-systems
    Kaliope Parthemos
    Labor And Justice Law Under Attack
    Labor And Wages
    Lehmann Brothers
    Living Wageunionspolitical Action0e39f5c885
    Maggie McIntosh
    Maggie-mcintosh
    Martin O'Malley
    Martin O'Malley
    Martin-omalley
    Martin-omalley8ecd6b6eb0
    Maryland Health Co Ops
    Maryland-health-co-ops
    Maryland-health-co-ops1f77692967
    Maryland Health Coopsccd73554da
    Maryland Judiciary
    Marylandnonprofits
    Maryland Non Profits
    Maryland Nonprofits2509c2ca2c
    Maryland Public Service Commission
    Maryland State Bar Association
    Md Credit Bondleverage Debt441d7f3605
    Media
    Media Bias
    Media-bias
    Medicaremedicaid
    Medicaremedicaid8416fd8754
    Mental Health Issues
    Mental-health-issues
    Mers Fraud
    Mikulski
    Military Privatization
    Minority Unemploymentunion And Labor Wagebaltimore Board Of Estimates4acb15e7fa
    Municipal Debt Fraud
    Ndaa-indefinite-detention
    Ndaaindefinite Detentiond65cc4283d
    Net Neutrality
    New Economy
    New-economy
    Ngo
    Non Profit To Profit
    Nonprofit To Profitb2d6cb4b41
    Nsa
    O'Malley
    Odette Ramos
    Omalley
    O'Malley
    Open Meetings
    Osha
    Patronage
    Pension-benefit-guaranty-corp
    Pension Funds
    Pension-funds
    Police Abuse
    Private-and-public-pension-fraud
    Private Health Systemsentitlementsprofits Over People
    Private Health Systemsentitlementsprofits Over People6541f468ae
    Private Non Profits
    Private-non-profits
    Private Nonprofits50b33fd8c2
    Privatizing Education
    Privatizing Government Assets
    Privatizing-the-veterans-admin-va
    Privitizing Public Education
    Progressive Policy
    Progressive Taxes Replace Regressive Policy
    Protections Of The People
    Protections-of-the-people
    Public Education
    Public Funding Of Private Universities
    Public Housing Privatization
    Public-libraries-privatized-or-closed
    Public Private Partnerships
    Public-private-partnerships
    Public Transportation Privatization
    Public Utilities
    Rapid Bus Network
    Rawlings Blake
    Rawlings-blake
    Rawlingsblake1640055471
    Real Progressives
    Reit-real-estate-investment-trusts
    Reitreal Estate Investment Trustsa1a18ad402
    Repatriation Taxes
    Rule Of Law
    Rule-of-law
    Ruppersberger
    SAIC AND INTERNATIONAL SECURITY
    Sarbanes
    S Corp Taxes
    Selling Public Datapersonal Privacy
    Smart Meters
    Snowden
    Social Security
    Sovereign Debt Fraudsubprime Mortgage Fraudmortgage Fraud Settlement
    Sovereign Debt Fraudsubprime Mortgage Fraudmortgage Fraud Settlement0d62c56e69
    Statistics As Spin
    Statistics-as-spin
    Student-corps
    Subprime Mortgage Fraud
    Subprime-mortgage-fraud
    Surveillance And Security
    Sustainability
    Teachers
    Teachers Unions2bc448afc8
    Teach For America
    Teach For America
    Technology Parks
    Third Way Democrats/new Economy/public Union Employees/public Private Patnerships/government Fraud And Corruption
    Third Way Democratsnew Economypublic Union Employeespublic Private Patnershipsgovernment Fraud And Corruption
    Third-way-democratsnew-economypublic-union-employeespublic-private-patnershipsgovernment-fraud-and-corruptionc10a007aee
    Third Way/neo Liberals
    Third-wayneo-liberals
    Third-wayneo-liberals5e1e6d4716
    Third Wayneoliberals7286dda6aa
    Tifcorporate Tax Breaks2d87bba974
    Tpp
    Transportation Inequity In Maryland
    Union Busting
    Unionbusting0858fddb8b
    Unions
    Unionsthird Waypost Officealec3c887e7815
    Universities
    Unreliable Polling
    Unreliable-polling
    Van Hollen
    Van-hollen
    VEOLA Environment -privatization Of Public Water
    Veterans
    War Against Women And Children
    War-against-women-and-children
    Youth Works

    RSS Feed

Powered by Create your own unique website with customizable templates.