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President Obama's Wealth Level Makes Him One of the Elite 1%

President Barack Obama has $500,001 to $1 million in a JPMorgan Chase private client asset management checking account.  "This is a checking account used by the president and the first lady," said White House spokeswoman Amy Brundage. The president's other principal assets …

BREAKING: A Good Laugh for Us Fellow Viners (includes funny links to The Dictator)

Introducing The Dictator to the Vine--we need laughs in the midst of this Great Recession, our dueling candidates for president, death in Afghanistan, threats against Iran, and the plunging Euro. What is it with our obsession with satirising dictators? Thank the Lord we  …

A Risky Chase Bet Gone South, a Lack of Oversight, and JPM Chase Chairman Jamie Dimon

While President Obama and his Hollywood apostles broke fundraising records at a sumptuous $40,000 per plate dinner at George Clooney's place, word of JPM Chase's 'mistake' rippled through the news. Not long ago, Dimon's name was batted about to become Treasury Secre …

BREAKING: Elizabeth Warren, Can She?

It will be entertainment, Brown versus Warren, though with very serious consequences.  The ordinary Massachusetts voters—the kind who doesn't tune in until the last minute—will have to choose between two story lines.  They will talk about it this way: he's a small-town Wren …

Iran Hangs 'Mossad Agent' For Allegedly Killing Nuclear Scientist

Iran has hanged a man it said was an agent for Israeli intelligence agency Mossad whom it convicted of killing one of its nuclear scientists in 2010, Iranian state media reported on Tuesday. Twenty-four year old Majid Jamali Fashi was hanged at Tehran's Evin Prison after being …

How Obama Gave Rise to the Occupy Wall Street Movement

Obama is twice over responsible for Occupy Wall Street's existence. On the one hand, the failures and disappointments of his administration have been well documented and have totally undercut his campaign promises of hope and change, leaving former supporters completely disil …

Obama's presidency a disappointment around the world

Continued U.S. military presence in Iraq and Afghanistan and Obama's failure to close Guantanamo Bay in the face of vehement congressional opposition have dashed European support for Obama. In Europe, where more than 200,000 people thronged a Berlin rally in 2008 to hear Barack  …

JPMorgan Chase's $2 Billion Loss: Bank Hubris, Inadequate Regulation, and Nothing to Prevent another Meltdown

JPMorgan, like the nation’s other big banks, is still engaged in activities that can provoke catastrophic losses and, as things now stand, luck is the only thing preventing another meltdown. Bank regulators should start by adopting a forceful Volcker Rule. Proposed by Paul …

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