Markets Crash as the Obamacare Tax Increase is Approved by the Liberal Court, this was the screaming headline on the so-called news from the right. The markets did take a big plunge before clawing back, but it probably had to do with it leaking out that JP Morgan’s losses aren’t $2 billion as reported. Current internal estimates put the losses at $9 billion, and there’s no guarantee that is even close to the actual size of this cash hemorrhage.
When we say “too big to fail“, that’s not what we mean exactly.




The US Supreme Court on Thursday largely upheld the Patient Protection and Affordable Care Act, the centerpiece of President Obama's first term in office. Chief Justice John Roberts, a conservative appointed by George W. Bush, joined with the high court's four liberals and penned the majority opinion.
New Zealand's High Court has ruled that the police raid on Kim Dotcom’s house was unlawful along with seizure of the hard drives that were later cloned and illegally taken from New Zealand to the US by the FBI.





























