South Hampton Doesn't Give a Hoot About "Clawbacks": "Problem is, the contract for that now-obsolete insurance policy is locked in place through 2019. That’s right, the state of New Jersey is paying Goldman almost $1 million bucks a month to insure bonds that no longer exist.
There’s Just No Way I Can Compete
One might presume that there is some sort of “buyout clause.” But no one in Jersey can seem to figure out what it is, or whether it is more or less than the $11.4 million that has been funneled across the river – and most probably out to the Hamptons – since the bonds were sold.
So long as the bureaucrats in New Jersey and Washington remain clueless, and the con men at Goldman et al. remain shameless, the Lass clan is pretty much assured to be sweating out its summers right here in Maryland."
Norton: So what has changed? Destiny of Greed and fleesing of the majority continues. For one reason, the majority that used to be the middle class engine of America has now dropped into an new majoritty of ecomonically un der-classed, under-employed, two or more job overworked Americans that coincidently do not have the time to complain or keep up with all the scams of the elite. The elite are quite aware of this and count on it to continue the fleesing!
