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Keyword: ripoff

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  • LA Clippers owner Donald Sterling mentally unfit, can't stop sale

    05/30/2014 5:28:17 AM PDT · by SoFloFreeper · 46 replies
    jrn.com ^ | 5/30/14 | Joyce Lupiani
    ..., Los Angeles Clippers owner Donald Sterling has been ruled mentally unfit and cannot stop the sale of his NBA team. It was announced late Thursday night that Donald's wife Shelly had reached a deal with former Microsoft CEO Steve Ballmer to sell the Clippers for a record $2 billion. According to ESPN, the papers were signed shortly before midnight.
  • Podesta: Congress Can’t Stop Obama On Global Warming

    05/05/2014 3:11:33 PM PDT · by Biggirl · 27 replies
    The Daily Caller ^ | May 5,2014 | Michael Bastasch
    White House adviser John Podesta told reporters Monday afternoon that Congress could not derail the Obama administration’s efforts to unilaterally enact policies to fight global warming. Podesta said that the president was committed to using executive orders to pass regulations under the Clean Air Act to limit carbon dioxide emissions that they say cause global warming.
  • How 7 minutes could cost a trooper’s widow millions

    04/28/2014 8:41:29 AM PDT · by Oshkalaboomboom · 59 replies
    NY Post ^ | April 27, 2014 | Susan Edelman
    On Dec. 7, 2009, New York State Police narcotics investigator Richard O’Brien fell off a ladder while fixing his mother’s roof. He lived for only three more hours after the fall — but in that brief time, fellow troopers tried to have him retired on disability. Now, Stephanie O’Brien, his widow, is fighting in court, saying a faulty fax machine and a measly seven minutes mean she and the couple’s daughter would get a $342,000 death payout — rather than lifetime benefits that could total in the millions. The case is the first involving an officer filing for a disability...
  • PSA: Don’t Fall for this Phone Scam

    02/08/2014 7:23:43 PM PST · by Tolerance Sucks Rocks · 34 replies
    Joe for America (Joe the Plumber) ^ | February 3, 2014 | Joe for America
    This scam is being reported by Tech Crunch and we wanted to make our readers aware of it.The scam, simplified: They call you, but immediately hang up. You see a missed call. You call back. They charge you for the call, and for each minute they can keep you on the line.According to the BBB, this so-called “One Ring” scam is on the rise.Like many a ruse, this one relies on hitting many, many potential targets at once. The scammer sets up a computer to call thousands of numbers per hour — because for every 99 people who follow their gut...
  • Beware One Ring Phone Scam

    01/31/2014 6:38:35 AM PST · by Second Amendment First · 95 replies
    Better Business Bureau ^ | January 30, 2014
    If you receive a call on your cellphone preceded by just one or two rings, chances are it’s part of the new One Ring phone scam spreading across the U.S. faster than a summer wildfire. Here’s how it works: International scammers have programmed computers to blast out millions of calls to cellphone numbers, ring once or twice, then disconnect. The objective is to make you curious enough to dial that number back. The “gotcha” happens when you return the call. You’ll be charged $19.95 for the international call fee itself and $9 per minute thereafter. “Oftentimes consumers say they hear...
  • ATF Agent: FBI Played Key Role In Brian Terry's Death ( Fast & Furious Gun Running )

    12/27/2013 2:09:49 PM PST · by george76 · 26 replies
    Breitbart ^ | 27 Dec 2013 | Debra Heine
    John Dodson, the ATF agent who blew the whistle on the the Justice Department’s blood-soaked gun-trafficking operation known as Fast and Furious, told the Arizona Republic in an interview, Thursday, that the FBI played a key role in events leading to the 2010 murder of U.S. Border Patrol Agent Brian Terry. His comments to the paper, augment what he wrote in his new book, The Unarmed Truth - My Fight to Blow the Whistle and Expose Fast and Furious. Dodson claims that the bandits who killed Terry were working for FBI operatives and were tipped by the DEA to be...
  • Members of Congress: Abolish IRS

    11/19/2013 8:24:49 AM PST · by Errant · 79 replies
    World Net Daily ^ | 19 November, 2013 | Bob Unruh
    It happens rarely. A taxpayer challenging the constitutional basis for the income tax wins in court, defeating the Internal Revenue Service, such as in the case brought by the late Tom Cryer, who was acquitted on a charge of failing to pay $73,000 to the government. Now three members of Congress want to make that result the norm through a bill that would repeal the 16th Amendment, effectively canceling federal income taxes.
  • The 50 Rip-Off Charities: Give at Your Own Risk

    06/23/2013 8:27:23 PM PDT · by ReformationFan · 11 replies
    Townhall ^ | 6-17-13 | Morgan Brittany
    I always believed that giving to a good cause or helping victims of a disaster was a noble thing to do. I mean, “There but for the grace of God go I”, right? With the recent uncovering of scandals within the government, more and more investigators are digging to uncover other cases of fraud and mismanagement. Is nothing sacred anymore? A recent investigation exposed by CNN, The Center for Investigative Reporting and the Tampa Bay Times have found that there are dozens and dozens of charities that basically do next to nothing for the causes they raise money for. 50...
  • High prices are driving more motorists to rent tires

    06/08/2013 10:48:09 PM PDT · by Jyotishi · 67 replies
    Los Angeles Times ^ | Saturday, June 8, 2013 | Ken Bensinger
    Chains such as Rent-a-Wheel and Rimco are seeing business boom. Many consumers pay double or triple the cost of buying and face aggressive repossession policies. When the tires on their Dodge Caravan had worn so thin that the steel belts were showing through, Don and Florence Cherry couldn't afford to buy a new set. So they decided to rent instead. The Rich Square, N.C., couple last September agreed to pay Rent-N-Roll $54.60 a month for 18 months in exchange for four basic Hankook tires. Over the life of the deal, that works out to $982, almost triple what the radials...
  • Post Office selling underused buildings

    05/28/2013 2:03:14 PM PDT · by sodpoodle · 10 replies
    snopes and email ^ | 5/28/2013 | unknown
    All In The Family The US has entered into a contract with a real estate firm to sell 56 buildings that currently house U.S. Post Offices. The government has decided it no longer needs these buildings, many of which are located on prime land in towns and cities across the country. The sale of these properties will fetch billions of dollars and a handsome 6% commission to the company handling the sales. That company belongs to a man named Richard Blum. Who is Richard Blum you ask? Why the husband of Senator Dianne Feinstein, that's who. What a bunch of...
  • Private-sector salary for public employee (CA cty admin receives +$400,000 per year for life)

    03/26/2013 2:52:00 PM PDT · by InvisibleChurch · 9 replies
    yahoo.com ^ | 3 26 13
    Working for the public good has also worked well for one California county administrator’s bank account. According to reports by several newspapers, Alameda County, in the San Francisco Bay Area, is paying its County Administrator Susan Muranishi, north of $400,000—for life. This includes a generous base salary of $301,000, plus taxpayer-funded deferred pension plans paid for by the county. The pension accounts are set by a formula that multiplies years of service by 2 to 3 percent of the top salary to calculate the benefit, the San Jose Mercury News reports. With 38 years of service under her belt, the...
  • We just cut our Time Warner Cable TV service.

    02/11/2013 2:37:24 PM PST · by Mad Dawgg · 41 replies
    from inside my head | Feb. 11th 2013 | Mad Dawgg
    I've been 3 months trying to get TWC to come and get my defective DVR (we have 2) several calls promising they would come and they would adjust our bill blah blah blah. Then the new bill came and informed us we are getting a price increase so we talked it over and did some research. Our TV bill (We have their internet as well) was over 110 bucks a month. We realized we could get Hulu plus and receiver most of the shows we watch for about 9 bucks a month and the two shows we definitely watch that...
  • Carbon Tax bill coming Thursday to Senate

    02/13/2013 2:59:03 PM PST · by lbryce · 24 replies
    wattupwiththat ^ | February 12,2013 | AnthonyWatts
    Senators Bernie Sanders and Barbara Boxer will outline the legislation on Thursday morning. They are even going to let that wacky 350.org activist Bill McKibben speak. Sheesh. Billed as “major” and “comprehensive” legislation, it will have a carbon tax. Here is the statement from Sanders’ office (bold mine): Sanders, Boxer to Introduce Major Climate Change Legislation February 12, 2013 WASHINGTON, Feb 12 – Sens. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) will hold a news conference on Thursday, Feb. 14 to announce comprehensive legislation on climate change. Boxer is Chairman of the Senate Committee on Environment and Public Works. Sanders...
  • Robert F. Kennedy Jr.: Renewable Energy Is Key to U.S. Growth

    10/23/2012 10:08:32 AM PDT · by NormsRevenge · 25 replies
    Yahoo! Finance ^ | 10/23/12 | Henry Blodget | Daily Ticker
    One of the most important issues in this year's election is energy. Our ongoing addiction to Mideast oil leaves us dependent on countries that are often unstable and hostile. Developing our own domestic energy resources and investing in renewable energy lessens this dependence. It also has the potential to create jobs and improve our trade deficit. The two presidential candidates have laid out energy plans that sound similar: both President Obama and Governor Romney want to continue to develop domestic energy resources, including renewable energy, with the aim of making the U.S. less dependent on foreign oil. But according to...
  • Wasserman Schultz’s Luxury Cars and Growing Net Worth Raise Questions [pics of her cars]

    09/11/2012 11:49:10 AM PDT · by SoFloFreeper · 41 replies
    Shark Tank ^ | 9/11/12 | Javier Manjarres
    Congresswoman Debbie Wasserman Schultz has famously stated that she is a “middle class American,” and it was this very claim that prompted many of her critics to openly question whether or not it was a realistic assessment of her personal income and assets.... ...reviews of Wasserman Schultz’ congressional financial disclosures revealed a not widely known fact that she owns a second home in New Hampshire and is also not required to disclose her husband’s salary... So when you get down to it, Wasserman Schultz’s claim that “I am a middle class’ American” argument really has no credibility, especially now that...
  • Republican Surrenderists for Obamacare

    06/14/2012 2:15:23 PM PDT · by Ron C. · 45 replies
    Michelle Malkin ^ | June 13, 2012 | Michelle Malkin
    During the summer of 2009, conservative activists turned up the heat on Democratic politicians to protest the innovation-destroying, liberty-usurping Obamacare mandate. In the summer of 2012, it’s squishy Republican politicians who deserve the grassroots flames.In case you hadn’t heard, even if the Supreme Court overturns the progressives’ federal health care juggernaut, prominent GOP leaders vow to preserve its most “popular” provisions. These big-government Republicans show appalling indifference to the dire market disruptions and culture of dependency that Obamacare schemes have wrought.GOP Sen. Roy Blunt of Missouri, vice chair of the Senate GOP Conference, told a St. Louis radio station two...
  • YouTube: True Cost of Public Education (very worthwhile 3 minutes of your time)

    06/10/2012 7:49:40 AM PDT · by doug from upland · 22 replies
    IT IS EVEN WORSE THAN WE HAVE BEEN TOLD DC claims $17,542 per student; really $28,170 L.A. claims $10,053 per student; really $25,208
  • Federal government spent nearly $70 billion on ‘climate change activities’ since 2008

    05/17/2012 5:17:25 PM PDT · by Sub-Driver · 15 replies
    Federal government spent nearly $70 billion on ‘climate change activities’ since 2008 6:13 PM 05/17/2012 The Congressional Research Service estimates that since 2008 the federal government has spent nearly $70 billion on “climate change activities.” Oklahoma Republican Sen. James Inhofe presented the new CRS report on the Senate Floor Thursday to make the point that the Obama administration has been focused on “green” defense projects to the detriment of the military. The report revealed that from fiscal years 2008 through 2012 the federal government spent $68.4 billion to combat climate change. The Department of Defense also spent $4 billion of...
  • A Victim of the Regime's White-Collar Payback

    03/08/2012 5:06:56 PM PST · by Tolerance Sucks Rocks · 4 replies
    The Rush Limbaugh Show ^ | March 7, 2012 | Rush Limbaugh
    BEGIN TRANSCRIPT RUSH: Cheryl in Fort Wayne, Indiana, where the Indianapolis Colts' flags are at half-mast. CALLER: (chuckles) Hi, Rush. RUSH: Hi. CALLER: Thanks for taking my call. RUSH: You bet. CALLER: I wanted to talk about the crony capitalism from a personal standpoint for myself. My husband was an engineer with Delphi, which is part of GM. And when the bankruptcy was taken care of and the auto bailouts and the whole thing that Obama's so proud of, what most people don't know is what happened to the salaried retirees from Delphi in the whole deal. The union people...
  • Chevy Volt Costing Taxpayers Up to $250K Per Vehicle (old, but little known!)

    03/05/2012 4:55:40 PM PST · by Ron C. · 8 replies
    mackinac.org ^ | Dec. 21, 2011 | Tom Gantert
    (Editor’s note: This article has been updated with a reaction from a General Motor's official.)Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy.Hohman looked at total state and federal assistance offered for the development and production of the Chevy Volt, General Motors’ plug-in hybrid electric vehicle. His analysis included 18 government deals that included loans, rebates, grants and tax credits. The amount...
  • Honda fighting below-invoice online pricing deals

    12/13/2011 3:49:39 PM PST · by decimon · 33 replies · 1+ views
    Auto Blog ^ | December 13, 2011 | Jeff Sabatini
    > According to Automotive News, Honda has issued an ultimatum to its dealers: Stop selling cars below invoice price through these websites, or lose the per-car marketing spiffs that the factory gives dealers. Since Honda corporate turned the screws on its dealers in October, TrueCar says Honda sales through its service are down. >
  • (vanity) A reminder when purchasing gasoline....

    12/13/2011 4:32:16 AM PST · by Doogle · 53 replies
    me | 12/13/11 | me
    ..for those of us who must let gas attendants pump the gas in stations, watch for this ripoff. When you ask the attendant to pump a certain amount of gas you expect to get what you pay for...the ripoff works like this You ask for $30 regular, and then go about digging out the cash, retuning the radio, taking a sip of the morning coffee The attendant programs the pump for $28, the pump clicks off when programmed amount is reached, you hand the guy the $30 as requested, and drive off...UNLESS YOU CHECK THE PUMP FOR AMOUNT PUMPED you...
  • N. Korea irking foreign investors via double contracts(death threat,confiscation...)

    11/14/2011 2:38:45 PM PST · by TigerLikesRooster · 11 replies
    Donga Ilbo ^ | 11/15/11
    N. Korea irking foreign investors via double contracts NOVEMBER 15, 2011 02:06 North Korea is striving to attract foreign investment to earn foreign currency ahead of its pledged transformation into “a great and powerful nation” next year, but a string of foreign-invested companies in the North are suffering damage. According to sources on the North Monday, North Korean authorities have signed double contracts with foreign investors in the North in recent weeks. Even after signing contracts, Pyongyang has unilaterally disposed of assets on its own and rejected profit sharing, causing damage to companies. In April last year, the North granted...
  • Families in Nixa and Spokane being forced from homes in unexpected foreclosures

    10/12/2011 4:19:30 PM PDT · by katiedidit1 · 22 replies
    KY3.com ^ | 10/12/2011 | Linda Russell
    SPOKANE, Mo.-- Entire neighborhoods of families in Christian County are being kicked out of their homes. The foreclosures come as quite a shock to the people living in those homes. Ernie and Sharlene Risinger and their 11 year old daughter love their Spokane home and community, but they're being forced out. Their American dream has turned into a nightmare. Nearly four years ago, the Risingers moved into the place they call home. "Sounded like a great deal. He wanted $1,500 deposit or down and we would actually be buying our house," says Ernie Risinger. Or so they thought. The Risingers,...
  • Tom Stevenson: ETFs have potential to become the next toxic scandal

    09/21/2011 10:32:30 AM PDT · by Razzz42 · 14 replies
    Telegraph Media Group Limited 2011 ^ | 9.17.2011 | Tom Stevenson
    Back in April, the Financial Stability Board (FSB), an international super-regulator, wrote a prescient if less than catchily-titled paper "Potential financial stability issues arising from recent trends in Exchange Traded Funds (ETFs)". Its central warning – that ETFs are not the cheap and transparent vehicles the marketers would have us believe – was spot on. When UBS’s $2bn black hole hit the screens on Thursday, no one who read the FSB report was surprised to see the words ETF and rogue trader in the same sentence. The past ten years have seen an explosion in the popularity of ETFs. In...
  • Airline fees reach $450 mark, USA TODAY survey finds

    09/21/2011 9:35:59 AM PDT · by Mountain Bike Vomit Carnage · 23 replies
    Lifehacker ^ | 9-21-2011 | Melanie Pinola
    The era of the $400 airline fee has arrived. For an overweight checked bag weighing 71-100 pounds, Continental Airlines is charging $400 on most international flights, and American Airlines is charging $450 on its Asian flights. United Airlines charges $400 for checking bags weighing 71-99.9 pounds on flights to another continent. AIRLINE FEES CHART: What you'll pay to check a bag, change your ticket, more Those are the most expensive fees that airlines charge fliers, a new USA TODAY survey of what 13 U.S. carriers charge for services available to coach passengers has found. The survey also found: •Fees for...
  • Stephen Colbert skewers Romney with the truth about Bain.

    06/10/2011 7:12:18 AM PDT · by greyfoxx39 · 25 replies
    The Colbert Report ^ | June 8, 2011
    I don't watch Colbert but in surfing around last night, I caught this report on Romney and how his sleazey business practices ripped off shareholders and put people out of work while he made a half-billion dollars. The report jibes with what I have seen reported at other sources during the '08 campaign.
  • Highway tolls set to violate us yet again (roads and corruption in S. Africa)

    02/13/2011 2:11:33 PM PST · by Tolerance Sucks Rocks · 9 replies
    Times Live ^ | February 13, 2011 | Pinky Khoabane
    Pinky Khoabane: There's probably nothing worse than being repeatedly violated. And frankly, that's exactly how I feel about the news that you and I will have to fork out a couple of thousand rands each month on toll fees just so that we can use Gauteng's highways: 66c per kilometre is the figure mooted. It would seem that the abuse began the moment the World Cup was announced to take place in South Africa. A bunch of unscrupulous, greedy businessmen began turning the wheels of corruption, overcharging the taxpayer billions to build roads and stadiums. The Competition Commission has uncovered...
  • U.S. Footing $100M Bill for U.N. Security Upgrade

    02/09/2011 5:58:23 PM PST · by antidemoncrat · 11 replies
    Fox News ^ | 2/9/11 | George Russell
    Months after top New York City officials expressed intense behind-the-scenes frustration at the security vulnerabilities at the United Nations headquarters in Manhattan, the U.N. is now planning to spend $100 million -- donated by the U.S. -- on the upgrade. Read more: http://www.foxnews.com/world/2011/02/09/footing-m-security-upgrade/#ixzz1DW6sUNkV
  • The Dems’ lame-duck land grab

    12/15/2010 5:18:42 PM PST · by Ron C. · 33 replies
    michelle malkin ^ | Michelle Malkin
    Environmentalists hate sprawl — except when it comes to the size of their expansive pet legislation on Capitol Hill. In a last-ditch lame duck push, eco-lobbyists have been furiously pressuring Senate Majority Leader Harry Reid, D-Nev., to pass a monstrous 327-page omnibus government lands bill crammed with more than 120 separate measures to lock up vast swaths of wilderness areas. Despite the time crunch, Senate Democrats in search of 60 votes are working behind the scenes to buy off green Republicans. House Democrats would then need a two-thirds majority to fast-track the bill to the White House before the GOP...
  • The Certified Angus Beef scam

    12/01/2010 11:39:58 AM PST · by JimVT · 99 replies
    JimVT | 12/01/10 | JimVT
    The latest screw the consumer attack is coming from Angus Beef cattlemen and America's meat sellers. Try and find a piece of meat with the "Certified Angus Beef" (CAB) sticker on it that also has the acceptable USDA grade on it. Very difficult, if at all. My local market managers when asked about the USDA grade on thier CAB meat say: "Oh, it's choice or select." So how are we supposed to know which? I don't knowingly buy "select". This is a scam...ripoff...and consumer fraud! Complain to your meat seller and tell your congressman to force the USDA to stop...
  • Nudie-scan CEO an Obama ally

    11/21/2010 3:40:12 PM PST · by bushwon · 40 replies · 1+ views
    Washington Examiner ^ | 11/14/2010 | Timothy P. Carney
    Rapiscan is one of the two companies that makes the nudie-scanners at airports for the TSA. Rapiscan CEO Deepak Chopra (who has the same name as the more famous Deepak Chopra, M.D.) recently was tapped by Obama to accompany the administration on Obama’s trip to India. Also, Chopra is an Obama donor. Read more at the Washington Examiner: http://washingtonexaminer.com/blogs/beltway-confidential/2010/11/nudie-scan-ceo-obama-ally#ixzz15xjJ7JKX
  • EPA Looking to Hire 'Environmental Justice' Coordinator for $53,500-$84,146 a Year; No...

    10/25/2010 7:51:25 AM PDT · by jazusamo · 46 replies
    CNSNews ^ | October 25, 2010 | Susan Jones
    Complete title: EPA Looking to Hire 'Environmental Justice' Coordinator for $53,500-$84,146 a Year; No Degree Needed (CNSNews.com) - The Environmental Protection Agency is looking to hire an environmental protection specialist who will help the agency accomplish its “environmental justice goals."The job, in New York City, pays up to $84,146 a year, and according to the job listing on the government Web site, "You do not need a degree to qualify for this position."The EPA says the ideal candidate will have at least one year of experience related to the position, which comes with a salary range of $53,500-$84,146 a year....
  • anyone else been scammed by Proflowers.com ? [See post #16]

    08/04/2010 2:29:54 PM PDT · by WOBBLY BOB · 57 replies
    me ^ | 8-4-10 | Wobbly Bob
    Just found reoccuring charges $14.95 / month going back months after ordering some flowers over the phone yet even more months prior to these "EasySaverRewards " that I never signed up for...
  • Police: 'Blue Meth' Latest Marketing Tool for Dealers (Drug Dealers copy Breaking Bad)

    07/23/2010 12:11:32 AM PDT · by tlb · 17 replies
    wdaf ^ | July 22, 2010 | Rob Low
    INDEPENDENCE, MO - Police across the metro say that they are seeing a new drug fad that they say may have been inspired by a television show, and the rise in 'blue meth" may be putting more green in drug dealers pockets. Area police say that 'blue meth' has been appearing across the metro area, with KCMO Police making four meth arrests in the Northland in the past three weeks. Police in Independence also say that they have been seeing the drug, which they say may have been popularized by the TV program "Breaking Bad," about a chemistry teacher turned...
  • Looking for name/artist of song

    05/19/2010 10:55:38 AM PDT · by CharlieOK1 · 26 replies · 872+ views
    my brain ^ | 5/19/2010 | Me
    OK, this has been driving me crazy. There is a song that every time I hear it, I think it is an instrumental version of the Ghostbusters theme song. And no, it is not Huey Lewis. I think Rush sometimes uses it as bumper music.
  • Nissan Leaf EV to Have Ultra-Cheap Battery Pack

    05/08/2010 7:37:51 AM PDT · by mylife · 27 replies · 1,262+ views
    fast company ^ | May 5, 2010 | Ariel Schwartz
    Nissan Leaf EV to Have Ultra-Cheap Battery Pack BY Ariel Schwartz Wed May 5, 2010 Over 8,200 people have made online reservations in the past month for the upcoming Nissan Leaf EV, and for good reason. The $33,000 vehicle, set to be released later this year, is the first affordable all-electric vehicle from a major auto manufacturer. It's an early adopter's dream. Now Nissan has revealed the secret behind the Leaf's reasonable price: an ultra-cheap battery pack. While most lithium-ion batteries cost $1000 to $1,200 per kWh, the Leaf's 24 kWh battery pack costs just $9,000 to produce, or $375...
  • Sneaky cabbies' $8M meter rip-off went on for years

    03/13/2010 4:39:49 AM PST · by myknowledge · 25 replies · 994+ views
    New York Post ^ | March 13, 2010 | David Seifman
    In a mind-boggling ripoff that went undetected for years, thousands of city cabbies overcharged nearly 2 million passengers by at least $8.3 million, according to a shocking disclosure yesterday by the Taxi & Limousine Commission. Officials said 35,558 of the city's 48,300 taxi drivers -- or three-quarters of all the licensees -- were caught overcharging at least once by secretly changing the meter's rate setting. A staggering 3,000 drivers swindled passengers more than 100 times each. A total of 1.9 million trips were overpriced. The scale of the thievery over the last 26 months was flabbergasting even to hardened veterans...
  • Fannie Mae posts loss, seeks more government funds

    02/26/2010 3:31:23 PM PST · by OldDeckHand · 45 replies · 1,529+ views
    Reuters ^ | 02/27/10 | Staff
    WASHINGTON (Reuters) - Fannie Mae, the largest provider of residential mortgage funds, on Friday reported a loss of $16.3 billion for the fourth quarter of last year and said it requested $15.3 billion from the Treasury to keep its net worth in positive territory. The government-controlled company said it would need additional taxpayer funds in the future to continue operations. Fannie Mae said the quarterly loss came as rising defaults kept credit-related expenses elevated at $11.9 billion, though expenses were almost half the third quarter level of $22.0 billion. Fannie Mae's quarterly loss was $15.2 billion before a $1.2 billion...
  • Obama Administration Denies Public Access to Fannie and Freddie Documents

    02/20/2010 4:39:36 AM PST · by RightSideNews · 37 replies · 1,363+ views
    Right Side News ^ | February 18, 2010 | Tom Fittion
    Just last month the Federal Housing Finance Agency (FHFA), the agency responsible for Fannie Mae and Freddie Mac, responded to our FOIA lawsuit by telling us that all of the documents we seek are not "FOIA-able"! Here's the exact language the Obama agency used in its recent court filing: "...Any records created by or held in the custody of the Enterprises reflecting their political campaign contributions or policies, stipulations and requirements concerning campaign contributions necessarily are private corporate documents. They are not 'agency records' subject to disclosure under FOIA."
  • Geithner's Backdoor Bailout for AIG

    02/04/2010 2:52:39 PM PST · by opentalk · 6 replies · 544+ views
    newsmax ^ | Feb 4, 2010 | James Hirsen
    Bloomberg is reporting that the idea of secret banking groups that control the country and global economy are not such a crazy idea because of what came out of this week’s congressional hearing into the bailout of American International Group Inc., better known as AIG. The hearing described a secretive group “deploying billions of dollars to favored banks.” The legislators are looking at the Federal Reserve Bank of New York, the most influential part of the federal-reserve system, due to its decision in November 2008 to buy out, for about $30 billion, insurance contracts, called credit default swaps that AIG...
  • Warning: TurboTax 2009's Fraudulent Consent to Steal Your Income Tax Data

    01/24/2010 4:42:12 PM PST · by catnipman · 41 replies · 4,370+ views
    TurboTax 2009 ^ | 1/24/2010 | The Taxman
    I wanted to alert everyone here that TurboTax 2009 is going to attempt to grab your income tax data for unlimited nefarious use by themselves and their partners. Here's how: I've sent the following information to the IRS via mailed Form 3934A, emailed via complaints@tigta.treas.gov, to ripoffreport.com and to the Journal's Walter Mossberg: January 24, 2010 Internal Revenue Service Fraud Department Internal Revenue Service Fresno, CA 93888 To Whom It May Concern, Each year Intuit comes up with a new ripoff scheme for TurboTax. I think they must be doing it for publicity purposes at this point, because no one...
  • Schwarzenegger says health care bill a 'rip-off'

    01/09/2010 5:35:09 PM PST · by NormsRevenge · 14 replies · 760+ views
    AP on Yahoo ^ | 1/9/10 | AP
    WASHINGTON – California Governor Arnold Schwarzenegger says concessions made to Nebraska Sen. Ben Nelson to win his vote on the health care overhaul bill were a "rip-off" for his state and is urging California lawmakers to vote against it. In an interview airing Sunday on NBC's Meet the Press, Schwarzenegger says giving extra Medicaid benefits to Nebraska to secure Nelson's vote, critical to Senate passage of the measure, was "like buying a vote." In Sacramento, he says, "it is illegal to do that, to buy votes."
  • New pricetag for a new Vikes' stadium: $870M (They won't stop asking!)

    12/17/2009 12:51:04 PM PST · by MplsSteve · 41 replies · 832+ views
    Minneapolis StarTribune (aka The Red Star) ^ | 12/17/09 | Bob Von Sternberg - Staff Reporter
    Building a new stadium on the site of the Metrodome would cost $870 million, according to a report presented today to the Dome’s landlords. That compares to the most recent $954 million pricetag of a new stadium, primarily because of lower product and labor costs, according to Bill Lester, executive director of the Metropolitan Sports Facilities Commission (MSFC). According to Mortenson Construction, the cost decreased by nine percent since February of 2009 – a savings of $84 million. “What we’ve learned is that the time to do this is now,” commission chairman Roy Terwilliger said in a prepared statement. The...
  • WalMart Cash Back

    12/15/2009 10:02:42 AM PST · by txted · 66 replies · 2,551+ views
    txted
    Pay attention to your receipts when you check out at WalMart.
  • Beck, Other Right-Wing Talk Show Hosts Push 'God, Gold And Guns'

    12/07/2009 10:50:13 AM PST · by steve-b · 19 replies · 1,015+ views
    The Virginian-Pilot ^ | 12/7/09 | Kenneth P. Vogel
    For years a certain strain of conservative thought has held that there was one sure hedge against economic depression, civil disorder and liberal rule--gold. Now that belief has led to a kind of harmonic convergence between ideology and commerce. Anyone tuning in to conservative talk radio or Fox News's Bill O'Reilly and Glenn Beck shows is bombarded by commercials for gold, mainly in the form of collectible coins, with announcers intoning that inflation and deficits caused by big government spending are devaluing the dollar and making gold the best investment money can buy.... Bill Haynes, president of CMI Gold &...
  • PrivacyMatters 1-2-3

    12/06/2009 1:02:50 PM PST · by Invisible Ninja · 9 replies · 1,180+ views
    PrivacyMatters.com ^ | 12-6-09 | Invisible Ninja
    FYI Freepers, open up your bank statements and look for "MVQ" somewhere in the description, or "privacy matters", I consider myself a tech-savvy guy. Well, I was reviewing my bank statement and found a charge for $23.95 that said this: MVQ*PRIVACYM 888-239-0316 CT I found another one for the previous month. Google'd it and found out it is company that somehow gets your credit card number, and begins charging you for the "privacy protection services", which essentially amounts to them stealing money from your account. This is just a warning to check. Would like some advice from the freeper community...
  • Report hits Geithner over AIG bailout

    11/16/2009 5:33:42 PM PST · by Nachum · 7 replies · 665+ views
    Politico ^ | 11/16/09 | EAMON JAVERS
    The government’s watchdog over the bank bailout program is criticizing Treasury Secretary Timothy Geithner’s handling of one of the most sensitive moments of last year’s financial meltdown, questioning decisions he made while heading up the New York Federal Reserve Bank. The new report criticizes the New York Fed’s decision in the fall of 2008 to bail out insurance giant AIG by covering its clients’ losses, sending tens of billions in taxpayer dollars to overseas banks.
  • A Tour Of A "Pay to Download Firefox" Site ( A real RIPOFF)

    10/26/2009 8:47:34 AM PDT · by Ernest_at_the_Beach · 23 replies · 1,079+ views
    gerv.net ^ | Not supplied | Gervase Markham
    At Mozilla, we regularly get anguished emails from people who have paid to download Firefox, and have then discovered a) that it's actually free, and b) that it's very hard to get the company they paid to stop charging their credit card. For those who have never had the misfortune to visit one of these trap sites, I thought people might be interested in a walkthrough of the user experience.
  • Public distrust is biggest cost of TARP, Barofsky says

    10/21/2009 12:50:41 PM PDT · by WOBBLY BOB · 7 replies · 402+ views
    market watch ^ | 10-22-09 | rex nutting
    WASHINGTON (MarketWatch) -- The government has spent trillions to rescue the banking system from the brink of disaster, but the biggest cost may be the loss in the government's credibility from an understandably distrustful and angry public, according to a quarterly report released Wednesday by the congressional watchdog over the bank bailout.