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On the Road Again
San Francisco, CA - Thursday, November 21st
12 noon - 2pm Commonwealth Club
595 Market Street, San Francisco, CA
Portland, OR - Friday, November 22nd
730pm Powells
Address: 1005 W Burnside St. Portland, OR 97209
Washington DC Tuesday, December 3rd
7pm Politics & Prose
Address: 5015 Connecticut Ave. NW, Washington, DC 20016
More details of all "Crash of 2016" events here. |
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Thom's blog
The JPMorgan settlement is a scam!
On Tuesday, the Justice Department announced that JPMorgan has agreed to a $13 billion dollar settlement over the fraudulent sale of mortgage backed securities. But, that settlement is a fraud in and of itself. Four billion dollars of that figure was actually part of a settlement announced a month earlier, and the rest can hardly be considered a penalty against the big bank. Almost half of the remaining $9 billion will go to so-called “mortgage relief,” which will be distributed over four years by an independent monitor. That brings the actual settlement amount down to $5.4 billion dollars, even before the bank writes off the total amount against their taxes.
If they're able to write off even half of the settlement, that knocks off at least another $2.6 billion, which means JPMorgan will actually pay only $2.74 billion dollars after defrauding investors out of more than ten times that amount. This settlement isn't a punishment, it's simply a cost of doing business for the too-big-to-fail financial giant. The only good news that came out of the deal is that the Justice Department did not exempt the bank from criminal charges, and an ongoing investigation could lead to more severe penalties.
The fact is, however, even in the face of criminal charges, it's unlikely that we'll see any banksters going to jail. The DOJ will simply take on more fines, and JPMorgan will get to continue operating. It's time to really hold the banksters accountable. The degenerate gambling on Wall Street won't stop until someone starts putting CEOs behind bars.
-Thom
(What do you think? Tell us here.) |
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Tonight on The Big Picture on RT TV at 7pm and 9pm... Finally, a Day in Court to Challenge Mass Surveillance (check your local listings for stations or stream at RT, and catch past shows on Youtube)
Watch the video 'Last Hours' narrated by Thom Hartmann about the "time bomb" that is ticking underground, underwater and under ice… frozen methane that is now escaping and could trigger runaway climate change. www.lasthours.org
Have a question or comment for Thom? Grab your phone, hit record and send your video to YourTakeMyTake@gmail.com and we may air it on "The Big Picture."
In for Thom tonight, please welcome RT Political Commentator Sam Sacks
Need to Know: Finally, a Day in Court to Challenge Mass Surveillance- Brett Max Kaufman, American Civil Liberties Union 
The Best of the Rest...
Daily Take: Let the Dysfunctional Plantation-Based Red States Secede
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Wednesday's Daily Stack 
In for Thom today, Dr. Mike Newcomb, The Mike Newcomb Show on KPHX 1480AM, Phoenix, AZ
Hour One: Free Marketeers say "dump minimum wage, we'll set pay scale"- Peter Schiff, financial adviser / author & host-The Peter Schiff radio show
Hour Three: Open Lines
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Thursday on The Thom Hartmann Program, 3-6pm ET
In for Thom today, Dr. Mike Newcomb, The Mike Newcomb Show on KPHX 1480AM, Phoenix, AZ
Hour One: Paid sick leave- C. Edmund Wright, Conservative Commentator / Contributor-Breitbart and American Thinker / Author, WTF? How Karl Rove and the Establishment Lost…Again
Hour Two: Harry Reid goes nuclear...what does it mean?- Ian Millhiser, Senior Constitutional Policy Analyst-Center for American Progress Action Fund / Editor-ThinkProgress Justice
Hour Three: Pastor's choice...family or faith?- Pastor Frank Schaefer, Suspended Pastor / Pastor-Zion United Methodist Church of Iona, PA.
And, the best of the rest of the news and your calls right here on...
The Thom Hartmann Program...your media support group for "we the people"...
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Friday on The Thom Hartmann Program, 3-6pm ET
Coming up tomorrow...more news and information you won't here from the corporate owned media...
Plus, Dr. Mike Newcomb (The Mike Newcomb Show, 1480 AM KPHX, Phoenix, AZ) will be taking your calls...
Right here on...The Thom Hartmann Program, Occupying The Media 3 hours a day 5 days a week" for "we the people"
And don't forget...Democracy is NOT a spectator sport...it begins with you...
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Thom's Poll
Did Sen. Reid do the right thing invoking the “Nuclear Option?”
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Watch & Listen to Thom
Rumble (Special Edition) - Pay Attention! ALEC Is After the 17th Amendment
Rumble (Special Edition) - Sen. Bernie Sanders Running for Prez?
Why There will be a Crash of 2016
Everything U Know Is Wrong: Who Really Killed Kennedy?
Carbon Taxes Shifts us From Polluting to Non-Polluting
Or watch the Full "Big Picture" Show...
Full Show 11/20/13: A Public Trial for the Banksters!
Guest host Sam Sacks is in for Thom Hartmann tonight and talks JPMorgan's $13 Billion fine, the arrest of Congressman Trey Radel and the death penalty in tonight's "Big Picture Rumble." Sam talks ALEC's war on Obamacare with Center for Media and Democracy's Nick Surgey, and in tonight's "Daily Take" Thom discusses how the Republican party is fooling everyone.
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 Would you like to help give a child with a very troubled background this feeling of peace? Thom and Louise Hartmann founded the New England Salem Children's Village (NESCV) in New Hampshire in 1979. With states delaying payment for the children they entrust to the village, they need help with cash flow. Can you help? Now on Facebook. |
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Show Info
Call Thom on the show at 1-866-987-THOM (8466) (0870 974 9686 from the UK, +1 503 796 2324 from outside the US or UK).
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