The Iceland Cometh

Description: Newspaper clipping USA, Woodrow W...
Woodrow Wilson signs creation of the Federal Reserve. 24 December 1913 (Photo: Wikipedia)

Why is it I’m trusting this Russian news service more than those domestic? Sigh. From RT:

Iceland is a great example of a country which had the courage to prosecute bankers, and that’s largely because it’s not controlled by the Federal Reserve and the Bank of England, Max Keiser, financial analyst and host of the Keiser Report on RT, says. Four former bank bosses in Iceland have been jailed for financial fraud. They were accused of hiding the fact that a Qatari investor bought into the firm [Kaupthing Bank], with money lent illegally by the bank itself. It went bust in 2008, helping to cripple Iceland’s economy. Keiser says, what is considered a crime in Iceland is flourishing thanks to government support in the UK and the US. Continue reading

Debt More Powerful Than Votes
Former Democratic lieutenant governor candidate Eric Kearney, left, pictured here at a Dayton campaign stop last month. Cuyahoga County Executive Ed FitzGerald, at right, selected Kearney as his running mate for the 2014 statewide race. PHOTO: CHRIS STEWART / DAYTON DAILY NEWS

From the Dayton Daily News: stories about the more than $800,000 in tax liens against Kearney, his wife, and their publishing businesses dominated the political news.

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POLI-TICKER: County approves deal to explore sale of jail site – Southgate News Herald

POLI-TICKER: County approves deal to explore sale of jail site
Southgate News Herald
Orr hired the New York-based firm in August to appraise part of the museum's collection as part of Detroit's ongoing Chapter 9 bankruptcy filing, which was approved by a federal judge Tuesday. The lower figure is a conservative estimate, while the higher 

and more »

Read the rest . Via MLO Aggregated Bankruptcy News.