Politics

News that Goldman purchased some $2.8 billion in Venezuela bonds issued by state oil company PDVSA and until recently held by Venezuela's central bank - at a 30% discount to market, paying 31 cents on the dollar or around $865 million in notional - quickly set off a firestorm of angry protests, in which Goldman was accused of making money from other people's misery (even though the story of Goldman's involvement in Venezuela's debt is hardly new, as we reported in 2014 in "How Goldman Sachs Became Broke Venezuela's Loan Shark"

While it was not surprising that as part of the ongoing probe into alleged Russian interference in the 2016 elections, the House Intel Committee issued a total of seven subpoenas on Wednesday as the WSJ reported, what was surprisng is that in addition to four subpoenas focusing purely on the Russia investigation, the Republican-led committee also issued three subpoenas focusing on "unmasking" questions, involving how and why the names of associates of President Donald Trump were unredacted and distributed within classified reports by Obama administration officials during th

Via Disobedient Media

James Clapper is known for many things:

"I take responsibiltiy for every decsion that i make, but that's not why I lost."

 That is the soundbite du jour so far from Hillary Clinton, who previously blamed both Wikileaks and James Comey for losing the election, and who is speaking at Recode's CodeCon conference (free for everyone, no need to shell out $250,000 this time), where Kara Swisher and Walt Mossberg pick the brain of the 2016 presidential candidate, who also just uttered the following memorable line: "Q: why did u speak with Goldman? A: They paid me."

Authored by Michael Snyder via The End of The American Dream blog,

Is it fair to compare Congress to a toilet? If there is one institution that embodies the corruption that permeates Washington D.C., it is the United States Congress.