TikTok Sues U.S. Government Over Trump Ban
4 years ago
Saturday, February 28, 2009
Friday, February 27, 2009
Nevada's Security Savings is 16th bank to fail in 2009
SAN FRANCISCO (MarketWatch) -- Henderson, Nev.-based Security Savings Bank was closed by regulators Friday, marking the 16th bank failure of 2009. The Federal Deposit Insurance Corporation said the failed bank's deposits have been assumed by Las Vegas-based Bank of Nevada. Security Savings Bank had $238.3 million in total assets and $175.2 million in deposits as of Dec. 31, the FDIC said.
Temecula bank agrees to FDIC cease-and-desist order
State and federal banking regulators are putting some heavy restrictions on Temecula Valley Bank so it won't slide into financial ruin.
On Wednesday, Temecula Valley Bancorp - the parent of the bank - said the bank agreed to a cease-and-desist order issued by the Federal Deposit Insurance Corp. and California Department of Financial Institutions, which mandates the bank abide by numerous management and lending rules.
FDIC orders Imperial bank to return to sound practices
Imperial Capital Bank has agreed to take steps to improve its operations under a cease-and-desist order from banking regulators.
The San Diego-based bank, which lost $32.6 million last year, is the third local financial institution this year to be hit with an order from the Federal Deposit Insurance Corp. to return to sound banking practices. Others are Discovery Bank of San Marcos and Temecula Valley Bank.
FDIC acts against Westbridge Bank in Chesterfield
The Federal Deposit Insurance Corp. has ordered Westbridge Bank & Trust stop unsafe practices, improve its management and raise its capital.
The government regulator issued "cease and desist" order against the bank, accusing the bank of "unsafe and unsound" practices. Such orders are issued when regulators find serious problems at a bank.
The government regulator issued "cease and desist" order against the bank, accusing the bank of "unsafe and unsound" practices. Such orders are issued when regulators find serious problems at a bank.
Central Progressive Bank admonished again by FDIC
Central Progressive Bank of Lacombe has received a second admonition from the Federal Deposit Insurance Corp.
The agency issued a cease-and-desist order in January asking the bank to curtail "unsafe or unsound" banking practices and to perform a variety of tasks, such as reorganizing bank management and drafting new budgets and profit plans.
FDIC hits 2 Minnesota banks with cease-and-desist orders
The Federal Deposit Insurance Corp. has issued cease-and-desist orders against two Minnesota banks for engaging in "unsafe or unsound business practices."
The federal agency, which insures the nation's bank deposits, cited both Horizon Bank of Pine City and Paragon Bank of Wells for operating with inadequate capital and failing to set aside adequate allowances for possible loan losses, according to separate cease-and-desist orders filed in January but made public today.
Columbia River Bank gets FDIC order
Columbia River Bank has received a cease-and-desist order from the Federal Deposit Insurance Corp. and the Oregon Division of Finance and Corporate Securities that requires the bank to maintain higher capital levels, among other measures to improve its safety and soundness.
Columbia River Bank is held by The Dalles-based Columbia Bancorp (NASDAQ:CBBO).
FDIC hits Cape Fear Bank with cease and desist letter
Wilmington’s Cape Fear Bank has agreed to beef up its capital reserves and seek regulators’ approval before paying out any future dividends as part of an agreement with the Federal Deposit Insurance Corporation and state overseers, the bank said in a release Thursday.
FDIC issues cease and desist Horizon
The Federal Deposit Insurance Corporation (FDIC) issued a cease and desist order to Horizon Bank, with offices in Pine City and North Branch, for what it called “unsafe and unsound banking practices.” The order was made public today, Feb. 27, based on a January investigation.
Thursday, February 26, 2009
Pelosi throws cold water on weapons ban (from The Hill)
| Pelosi throws cold water on weapons ban |
| Posted: 02/26/09 11:59 AM [ET] | |
House Speaker Nancy Pelosi tossed cold water on the prospect of reinstating the assault weapons ban, highlighting Democrats’ reluctance to take on gun issues. Attorney General Eric Holder raised the prospect Wednesday that the administration would push to bring back the ban. But Pelosi (D-Calif.) indicated on Thursday that he never talked to her. The Speaker gave a flat “no” when asked if she had talked to administration officials about the ban. “On that score, I think we need to enforce the laws we have right now,” Pelosi said at her weekly news conference. “I think it's clear the Bush administration didn’t do that.” Outside of the dig at the recent Republican president, that phrase is the stock line of those who don’t want to pass new gun control laws, such as the National Rifle Association. The White House declined to comment on Holder's remarks, referring reporters to the Department of Justice. The DoJ did not respond to The Hill's request for comment. |
Wednesday, February 25, 2009
1SG
Laura and Army 1st Sgt. Rodney Prosser with their daughter Heidi, 11, and son Keith, 13, sit in front of what remains of their Greensburg, Kan., home after it was destroyed by a category F5E tornado, May 4, 2007. They and the rest of the Greensburg community have resolved to rebuild their town as a global example of clean energy.
Tuesday, February 24, 2009
Open thread: Synthesis of Jesus, Lincoln, Reagan, and FDR to address nation; Update: Churchill, too
9 p.m. ET everywhere. Obama should last about an hour, then Jindal takes over for 15 minutes. Here’s my Twitter prediction of what Jindal would say from early this afternoon, and here’s the excerpt of his speech released for publication a little while ago. How’d I do?
Compare and contrast the big finish to his rebuttal…
“A few weeks ago, the President warned that our nation is facing a crisis that he said ‘we may not be able to reverse.’ Our troubles are real, to be sure. But don’t let anyone tell you that we cannot recover - or that America’s best days are behind her.”
…with the key passage to the speech he’s rebutting. Hmmm:
But while our economy may be weakened and our confidence shaken; though we are living through difficult and uncertain times, tonight I want every American to know this: We will rebuild, we will recover, and the United States of America will emerge stronger than before.
The boss has already provided the Cliff’s Notes version of The One’s speech in case you don’t feel like watching. Or, if you prefer a longer treatment, try the AP’s report from the future on an address that hasn’t been delivered yet. Sounds like it was a smash. Exit question: Does the fact that the very first “Jindal is a Muslim” rumors are starting to swirl mean he’s officially arrived on the national stage?
Update: Politico helpfully prepares Jindal for the inevitable “you reeked” backlash.
Update: I forgot Churchill in the headline, but Chris Matthews didn’t. Follow the link for Buchanan’s retort.
Man Threatens President Obama (from COX)
| Man Threatens President Obama | |
| 02-24-2009 3:04 AM (Omaha, NE) -- Johnnie Galarza was accused of threatening to shoot President Obama soon after the election. Yesterday, officials in U.S. District Court in Omaha said the charge will be dismissed if Galarza undergoes psychiatric rehabilitation. Fifty-five-year-old Galarza had openly talked about how to shoot Obama during a therapy session. The remarks were reported to authorities by his Department of Veterans Affairs counselor. Galarza says he has been suffering from depression and post-traumatic stress from his days as an Army combat sniper. Galarza is not considered to be a dangerous person, according to an analysis from his therapist. | |
Ben Bernanke: best hope is recovery in 2010 (Times Online)
Ben Bernanke: best hope is recovery in 2010
The Federal Reserve chairman said that the US economy will only recover if Washington’s bail-out plans succeed this year
Sunday, February 22, 2009
EU crackdown
European leaders in Berlin have agreed on the need to regulate all financial markets including hedge funds.
Video: Gordon Brown
Bonuses
As well as greater supervision of all financial markets and instruments, leaders underlined the need to reassess the issue of pay at finance firms.
French President Nicolas Sarkozy added: "We all agreed that we can no longer tolerate the reward package system for traders and bankers."
There has been much criticism of bankers' bonuses, which have been high despite their bank's poor performance.
Leaders also said they wanted to crack down on tax havens.
Ms Merkel said: "As far as uncooperative players, tax havens or areas where non-transparent business is carried out are concerned, we need to develop sanction mechanisms. These must be made very concrete," she said
She added that a list would be drawn up "clearly showing which the unco-operative jurisdictions are."
MTP - Bobby Jindal - Video: Mash-up.
Visit msnbc.com for Breaking News, World News, and News about the Economy
Visit msnbc.com for Breaking News, World News, and News about the Economy
Visit msnbc.com for Breaking News, World News, and News about the Economy
Saturday, February 21, 2009
IRS claims Swiss bank UBS kept 52,000 US account secret (AP)
Yes, Tax Evasion is illegal.
The IRS filed the documents this week seeking to force the bank to turn over records for an estimated 52,000 U.S customers who allegedly violated American tax laws by concealing Swiss accounts worth at least $14.8 billion
For Alan Keyes -
For the Black helicopter crowd.
"Obama is a radical communist and I think it is becoming clear. That is what I told people in Illinois and now everybody realizes it is coming true.... He is going to destroy this country and we are either going to stop him or the United States of America is going to cease to exist....
"The man is an abomination.... That is a man with such a seared conscience, I can't even understand why anyone in their right mind would consider him worthy of political support....
"[He is a ]usurper occupying the office without constitutional warrant."
"He has refused to provide proof that he is in fact a natural-born citizen....
Taguba backs commission to investigate Bush-era abuses.» (Think Progess)
Taguba backs commission to investigate Bush-era abuses.
I feel we have to come to terms with policies that have gained such notoriety and have been debated about whether they were in the best interest of our national security, and whether those who created these policies were pressured by their senior leadership. […]
[I support] a structured commission with some form of authority with clear objectives and a follow-on action plan. I’m not looking for anything that is prosecutorial in nature, unless a suspected violation of relevant laws occurred, which should be referred to the Dept of Justice.
Soldier convicted of killing Iraqi detainees, sentenced to life in prison (from Stars and Stripes)
I hate this story but a crime is a crime; if this story wasn't so straightforward I wouldn't post it.
VILSECK, Germany — An Army medic was sentenced to life in prison with the possibility of parole following his conviction Friday afternoon of premeditated murder and conspiracy to commit premeditated murder in the deaths of four Iraqi detainees in March 2007.
[snip]
He was convicted for his role in the March 2007 incident, of shooting two of four Iraqi detainees who were bound, blindfolded and killed execution-style beside a Baghdad canal.
He was acquitted of a charge of obstructing justice and accessory after the fact for the January 2007 incident, in which it was alleged Leahy helped carry a wounded detainee out of a Bradley fighting vehicle before the detainee was shot by then-Company A 1st Sgt. John Hatley.
Gov. Jindal rejects funds for his unemployed after his state runs out of unemployment funds, Huh? (From Think Progess)
Jindal Rejects $90 Million In Recovery Funding That Would Have Benefited 25,000 Louisiana Residents
Today, however, Louisiana Governor Bobby Jindal announced his intention to opposechanging state law to allow his Lousiana citizens to qualify for the second two unemployment provisions. Jindal said the state would only be accepting money to increase the unemployment insurance payments for those who currently qualify for unemployment insurance.
In all, Jindal turned away nearly $100 million in federal aid for his state’s unemployed residents. Further, as the National Employment Law Project projected on Febuary 13, EUC extension alone would have benefited 24,981 Louisiana residents. Jindal justified his decision by claiming that expanding unemployment benefits would result in tax increases for businesses. In a press release, the governor’s office explained:
The Governor said the state will not use a portion of the stimulus package that requires the state to change its law to expand unemployment insurance (UI) coverage to qualify for up to $32.8 million of the federal stimulus funding because it ultimately would result in a tax increase on Louisiana businesses.
But it is not clear why participating in the expanded unemployment insurance program would result in tax increases for business. By Jindal’s own estimate, the recovery package would have funded his state’s unemployment expansion for three years, at which point the state could — if it chose to do so — phase out the program.
As New Orleans Mayor Ray Nagin suggested earlier today, perhaps Jindal’s presidential ambitions are “clouding” his judgement. “I think he’s been tapped as the up-and-coming Republican to petition a run for president the next time it goes around. So he has a certain vernacular, and a certain way he needs to talk right now,” Nagin said.
Wednesday, February 18, 2009
Guantanamo soldier speaks out- video:7:38.
Visit msnbc.com for Breaking News, World News, and News about the Economy
Tuesday, February 17, 2009
The first bridge goes up from the Stimulus
That was fast. - CMP
Posted on Tue, Feb. 17, 2009
Missouri bridge construction is first stimulus project under way
The Associated PressTUSCUMBIA, Mo. | Construction crews began work on a replacing a rural Missouri bridge just minutes after President Barack Obama signed a $787 billion stimulus package.
The Missouri bridge project was expected to be the first in the nation to get started under the stimulus plan. Missouri transportation officials met at the bridge Tuesday and quickly approved its replacement as a way of showing that infrastructure expenditures can have an immediate economic effect.
The 1,000-foot bridge crosses a Missouri River tributary about 30 miles southwest of the state Capitol. It was built in 1933. It was closed to large trucks in 2007 because of structural concerns.
The Missouri Department of Transportation also planned to begin work Tuesday on three other projects.
Tracking U.S. Monthly Unemployment (from Feb 6, 2009)
Unemployment Rate
Percent of U.S. workers age 16 and older
Mass Layoffs
Number of mass layoff events affecting at least 50 employees
Source: Bureau of Labor Statistics
The need to do something quickly.
Sunday, February 15, 2009
Sunday, February 8, 2009
Exclusive! Ensign, Frank, McCaskill, Pence; MTP - Video 9:00
Visit msnbc.com for Breaking News, World News, and News about the Economy
Iraq - Thomas Ricks Video - 10:19
Visit msnbc.com for Breaking News, World News, and News about the Economy
Tuesday, February 3, 2009
Sunday, February 1, 2009
Subscribe to:
Posts (Atom)
