After four long years of ensuring the detail behind the US Government’s role in running guns to Mexico (aka "Fast and Furious") never saw the light of day, the "most transparent administration in history" has finally released the requested documents to the House Oversight Committee. It is not lost on anyone that this is taking place well after it could do any significant damage to the Obama administration.
Nearly a decade since the housing bubble burst the dirty skeletons still emerge from the closet, and still nobody goes to jail.
In the latest example of how criminal Wall Street behavior leads to zero prison time and just more slaps on the wrist, overnight Warren Buffett's favorite bank, Wells Fargo, admitted to "deceiving" the U.S. government into insuring thousands of risky mortgages. Its "punishment" - a $1.2 billion settlement of a U.S. Department of Justice lawsuit, the highest ever levied in a housing-related matter.
By John Mauldin of Mauldin Economics
These 2 Charts Show the Next Recession Will Blow Out the US Budget
The weakest recovery in modern history has stretched on for 69 months.
By 2017, it will be the third-longest recovery without a recession since the Great Depression. By 2018, it will be the second longest.
Only during the halcyon economic days of the 1960s have we seen a longer recovery; but that record, too, will be eclipsed sometime in 2019—if we don’t see a recession first.
Ten Indications That ISIS Is A US-Israeli Creation
http://www.strategic-culture.org/news/2016/04/09/isis-is-us-israeli-creation-top-ten-indications.html
The post Ten Indications That ISIS Is A US-Israeli Creation appeared first on PaulCraigRoberts.org.
The popping of the Greenspan-era housing bubble took about six years in total to fully “deflate”.