Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Fraud

Social Security Disability Trust Fund Could Be Depleted by Late 2016

This article appeared online at TheNewAmerican.com on Thursday, July 23, 2015:  

Every year the language of the trustees of the Social Security system becomes more strident, and every year the managers of the program kick the can further down the road. In its report issued on Wednesday, the Social Security and Medicare Board of Trustees stated that “Social Security’s Disability Insurance (DI) Trust Fund now faces an urgent threat of reserve depletion, requiring prompt corrective action by lawmakers if sudden reductions or interruptions in benefit payments are to be avoided.” The report noted:

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Pressure Increasing to Reopen Export-Import Bank

This article appeared online at TheNewAmerican.com on Wednesday, July 15, 2015:

It’s been just two weeks since the Export-Import Bank’s charter lapsed — that “fund of corporate welfare” as criticized by presidential candidate Barack Obama in 2008 before reality set in — and two predictable things have occurred: The world continues to turn without it, and K-Street lobbyists are busy trying to resurrect it.

With massive radio advertising and extensive help from the media publishing op-eds in its favor, the chances are increasing that the zombie will come back to life.

The deceased bank, touted as offering loan guarantees to small businesses wanting to do business overseas but unable to obtain financing in the regular way, was turned into a slush fund of free money to the country’s largest corporations:

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Passage of the Freedom Act Assures Continuation of the Surveillance State

This article first appeared at The McAlvany Intelligence Advisor on Friday, May 15, 2015: 

Passage of The Freedom Act in the House on Wednesday, May 13, 338-88, was for show only. The bill with real teeth that would have done something substantial about rolling back the surveillance state is collecting dust in Speaker John Boehner’s inbox.

Freedom Act 2.0 is even weaker than the one the House passed last year, which the Senate essentially ignored until it was too close to the midterms for it to vote on. It does not, as sponsor Rep. James Sensenbrenner hoped it would, end the surveillance state, nor even slow it down. It merely shifts the collection center from Utah to the phone companies. Under the bill,

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More Keynesian Insanity: Negative Interest Rates

This article first appeared at The McAlvany Intelligence Advisor on Monday, May 4, 2015:

There’s a corollary to the insanity rule. It’s called the Keynesian Corollary: When something doesn’t work, do more of it. When history is written about the coming Second Great Recession, historians will likely note July 2012 as the turning point. That was when Mario Draghi, head of the European Central Bank (ECB) said during a panel discussion that the ECB “is ready to do whatever it takes to preserve the euro. And believe me, it will be enough.”

Other historians might list that as one of the top ten “famous last words” ever issued by a human being. Since that moment bond yields across the world have dropped, and dropped, and dropped. On Thursday Jeremy Warner, the London Daily Telegraph’s assistant editor, announced that

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Will the Clinton Foundation’s Deceit Finish Hillary?

This article was first published by The McAlvany Intelligence Advisor on Friday, May 1, 2015: 

In January 2014 Dinesh D’Souza was indicted by federal prosecutors for violating federal campaign finance laws. In September of that year he was sentenced to five years’ probation, eight months in a “community confinement center,” and was fined $30,000. He also was required to perform eight hours of community service every week and must undergo court-mandated therapy for his crime.

His crime: contributing $20,000 to campaigns in the names of some friends.

Hillary has arranged for more than 1,100 donors to contribute millions to her campaign for president.

Question: How much community service will she be required to perform?

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Clinton Foundation’s Defenses Continue to Unravel

This article first appeared online at TheNewAmerican.com on Thursday, April 30, 2015:

The growing public awareness and outrage at the seeming fraud, deceit, and obfuscation at the Clinton Foundation, where more than 1,100 donors weren’t disclosed, violating an agreement Hillary Clinton made with the White House prior to taking over as secretary of state in 2008, continues to build. At the forefront and in the public’s headlights for the moment is the case of Frank Giustra, which we commented on in a previous article: 

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Senator Menendez’ Co-conspirator Charged With Medicare Fraud

This article first appeared online at TheNewAmerican.com on Wednesday, April 15, 2015: 

Less than two weeks after being indicted on bribery charges along with his friend, New Jersey Senator Bob Menendez, North Palm Beach ophthalmologist Salomon Melgen (shown on right) was charged on Tuesday with 46 counts of healthcare fraud, 19 counts of filing false claims to Medicare, and 11 counts of making false statements to investigators.

A conviction would seriously impact his practice, which, until now, put him at the very top of all doctors in the country receiving reimbursements from Medicare. Each of the healthcare fraud charges could bring

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Hillary’s Unethical Behavior Goes Back Decades

This article first appeared online at TheNewAmerican.com on Monday, April 13, 2015: 

Cover of "Living History"

Cover of Living History

Touting her unique life experience, Hillary Rodham Clinton launched her campaign for president on Sunday. Above all, she says, she is a grandmother who simply wants America’s grandchildren to have an opportunity to succeed:

Becoming a grandmother has made me think deeply about the responsibility we all share as stewards of the world we inherit and will one day pass on. I’m more convinced than ever that our future in the 21st century depends on our ability to ensure that a child born in the hills of Appalachia or the Mississippi Delta or the Rio Grande Valley grows up with the same shot at success that [my granddaughter] Charlotte will.

Missing from her proclamation as the savior of young people under her presidency is how she treated a sixth-grader back in 1975 who was repeatedly raped by a 41-year-old drifter. The drifter, one Thomas Alfred Taylor, requested a female court-appointed attorney, and Hillary Rodham, age 27, was assigned to defend him.

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Hillary’s Baggage

This article was initially published by The McAlvany Intelligence Advisor on Monday, April 13, 2015:

Official portrait of Secretary of State Hillar...

Now that it’s official, Hillary’s campaign for president in 2016 will be subjected to intense scrutiny, especially from those with long memories. For the mainstream media, short memories work best. There will, in the popular press, be some hand wringing about various issues, Benghazi and her private emails leading the list.

For those who perceive a Clinton II presidency as a danger to the republic, the list will no doubt be much longer. It will include references to Hillary’s suspected involvement in the murder of Vince Foster, and especially the cover-up following it. There will be refreshers on Whitewater and the Rose Law Firm, which engaged in various financial chicaneries concerning Hillary. It will be remembered that for two years she couldn’t find the billing records, and then all of sudden they turned up. There will be

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Obamnesty: A Tyrant’s Tool to Transform America

This article was just published in the latest subscribers-only issue of the McAlvany Intelligence Advisor newsletter:

 

This writer has frequently noted the accuracy of John Adams’ summary and dangers of the Founders’ Constitution when he said that it “was made only for a moral and religious people. It is wholly inadequate to the government of any other.” It was designed, as Thomas Jefferson noted, to keep criminals like Barack Obama from taking control:

 

The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first.

 

During the Constitutional convention there was little debate over the issue of immigration and so those chains were not forged with the result that the states, up until 1808, were to determine their own immigration policies, and afterwards to defer to the national government.

 

Consequently, when Obama asked his henchmen, Jeh Johnson and Eric Holder, to find ways he could implement the DREAM Act without having to wait for Congress to enact it, they succeeded, using the president’s discretion allowed by the Constitution under Article I, Section 4, that “he shall take care that the laws be faithfully executed.”

One of the tools of a tyrant is using language to hide his true intents. For years Obama has disclaimed any such powers as he is now exercising. As a candidate back in March, 2008, he said:

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Russian Cyber-thieves Steal $1 Billion From Russian Banks?

This article first appeared online at TheNewAmerican.com on Monday, February 16, 2015: 

A report released on Monday from Kaspersky Lab to be presented at a cyber-security conference in Cancun, Mexico, revealed a highly sophisticated, well-funded, and immensely patient plan to steal at least $300 million from banks around the world, with estimates that the real losses could exceed $1 billion.

Kaspersky Lab, the fourth largest international provider of sophisticated software to fend off malware attacks, has been tracking the band of hackers known as Anunak or Carbanak for years. The first public exposure of the plot to steal millions at first appeared in late 2013 to be a simple mistake:

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Fraud in Wealthy Immigrant Visa Program Exposed

This article first appeared online at TheNewAmerican.com on Friday, February 5, 2015: 

Harry Reid (D-NV), United States Senator from ...

Harry Reid

Five whistleblowers from the Department of Homeland Security related details to ABC News on Tuesday about how the “wealthy immigrant visa program” called EB-5 has been consistently and deliberately subverted to allow criminals, spies, and terrorists access to permanent residency in the United States without going through regular channels.

The EB-5 program, first begun in 1990 as a way to invite wealthy foreigners to invest in the United States and then receive permanent resident status, has been used for years by politicians to reward themselves and their friends. Those rewards included

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Questions Senators Won’t Be Asking Loretta Lynch, Obama’s Attorney General Nominee

This article first appeared online at TheNewAmerican.com on Wednesday, January 28, 2015:

Today and tomorrow, President Obama’s nominee to replace Eric Holder as attorney general, Loretta Lynch (shown), will face questioning before the Senate Judiciary Committee. It’s highly unlikely that any of those questions will focus on how her office handled the case of Felix Sater while she was U.S. district attorney in New York (details on the Sater case further down). Without that information being obtained, however, her confirmation hearings will miss a vital part of understanding just how Lynch is likely to handle the job as attorney general.

Instead, she is more likely to be asked about Obama’s policies using executive privilege not only to impose delays on deporting illegal immigrants, but also to mark up ObamaCare according to his own views, and to launch a war in Libya.

She may well waffle when

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N.Y. Times Sides With de Blasio Over Police. What’s the Truth?

This article first appeared online at TheNewAmerican.com on Thursday, January 1, 2015:

 

On Tuesday the editorial board of the New York Times accused the New York City Police Department of taking its anger toward Mayor Bill de Blasio to the dangerous level of “essentially abandoning enforcement of low-level offenses.” But in the same opinion piece, the Times failed to note the irony that it was the enforcement of a low-level offense — selling untaxed cigarettes  — that resulted in the now-famous police contact with Eric Garner that went viral on YouTube.

For the week starting on December 22, two days after two NYPD police officers were murdered in cold blood while sitting in their police cruiser, “traffic citations had fallen by

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Whistleblowers Share Over $170M in Bank of America Settlement

This article first appeared online at TheNewAmerican.com on Monday, December 22, 2014: 

Whistleblower (TV series)

Whistleblower (TV series)

Under the Whistleblower Act — also known as the False Claims Act, or FCA — the details behind 16 lawsuits involving the Bank of America, and that bank’s settlement for nearly $17 billion in August of this year, were kept secret, until Thursday, December 18, when they were “unsealed.” Whistleblowers involved in exposing the frauds by the bank and its Countrywide Financial subsidiary will share more than $170 million, dwarfing other whistleblowers’ payouts, and setting a record for the largest one against a single defendant.

Three individuals and a small New Jersey mortgage company (Mortgage Now) will share the spoils. Mortgage Now will receive $8.5 million for its part in exposing the fraud of issuing high-risk mortgages and calling them safe. Robert Madsen, a former employee with a property appraisal company owned by Bank of America, will get

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Whistleblowers Get Paid, Countrywide Chairman Gets Off

This article first appeared at The McAlvany Intelligence Advisor on Monday, December 22, 2014: 

Last August, Bank of America agreed to pay out nearly $17 billion to settle sixteen lawsuits over making and marketing fraudulent mortgages leading up to the start of the Great Recession, setting a record in the process. But the details, under the False Claims Act, remained sealed until last week. The big news, according to the Wall Street Journal, was just how much four whistleblowers were getting: $170 million plus.

Even after the IRS and lawyers get their share, those four will enjoy a more comfortable lifestyle for a long time. Three individuals and a small New Jersey mortgage company, Mortgage Now, will share the spoils. Mortgage Now will receive

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GOP Folds, Helps Democrats to Pass the CRomnibus bill

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, December 17, 2014: 

 

 

If the Guinness Book of Records had a category for “political taradiddles,” this from Barbara Mikulski, a Democrat from Maryland and the Senate’s Appropriations Committee Chairman, would certainly qualify for its top ten. After all was said and done, after all the back-room deals had been completed, after Senator Ted Cruz’s last minute attempt to stall the vote by claiming that the CRomnibus bill would unconstitutionally fund Obama’s immigration executive order without debate was quashed 74-22, Mikulski exulted:

It is remarkable in today’s era of slam-down politics that we, working on this committee, have been able to set aside our differences, work across the aisle, work across the Dome, to find a way to compromise without capitulation on principles.

The only word with validity that she used was “capitulation” – total and complete surrender – by the Republicans, the party still perceived by many to be the party of small government, fiscal responsibility, and personal liberty. The sell-out was nearly complete,

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$25 Billion Wasted last year, says Senator Coburn

This article first appeared at The McAlvany Intelligence Advisor on Friday, October 24, 2014: 

Official portrait of United States Senator (R-OK).

Senator Tom Coburn (R-OK).

Entering his final year as Senator from Oklahoma, Dr. Tom Coburn just issued his “Wastebook” for 2014, listing 100 examples of government waste totaling more than $25 billion. They range from the ridiculous to the sublime, from the silly to the fraudulent. The fact that $25 billion is less than 7/10 of 1% of the total budget does little to mute the message or soften the impact of the ghastly, egregious projects at which the federal government is throwing heaps and gobs of taxpayer monies.

Faced with deadlines, journalists at the Washington Post, MSN.com, and GOPUSA.com were forced to pick and choose from this rancid buffet. The Post selected

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CBO’s Funny Math

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, October 22, 2014:

National debt clock

National debt clock

The Congressional Budget Office’s August update to the federal budget and outlook for the next 10 years released last week was so filled with questionable assumptions as to make their conclusions completely unrealistic. As expected, the mainstream media focused only on the parts of the report that fed and supported their worldview. For instance, the CBO said that revenues were expected to increase by about 8% over last year to a world record $3 trillion, thanks to increases in individual income taxes, payroll taxes, and corporate income taxes.

This was understood by the White House and establishment economists to

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Mexico Doubles Car and Truck Production in Five Years, Thanks to NAFTA?

This article was first published at The McAlvany Intelligence Advisor on Monday, September 8, 2014:

English: A North American Free Trade Agreement...

In her promo for her article titled “America’s Car Capital Will Soon Be … Mexico,” which appeared in Forbes on Monday, Joann Muller claimed that “wise trade policies south of the border have quickly created the global auto industry’s factory floor” and wondered rhetorically if Washington was listening or watching to learn Mexico’s lesson. She wrote:

Seemingly overnight, Mexico’s automotive output has soared, bolstered by a flood of investment from foreign-based carmakers, including Nissan, Honda, Volkswagen, and Mazda. With $19 billion in new investment, production has doubled in the past five years to an estimated 3.2 million vehicles in 2014.

And it’s all because of NAFTA, she claims:

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.

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