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Sorry, Bucko, Europe Is Still in a Death Spiral
Replacing old impaired debt with new impaired debt does not generate growth. Borrowing more money will not reverse financial death spirals. Sorry, Bucko–Europe is still in a financial death spiral....
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Are You A Slave Of The System?
If you went out and took a poll of the American people on July 4th (Independence Day) and asked them if they are free, what would the results look like? Of course the results would be overwhelmingly...
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Meanwhile, Back At The Lily Pad…
I’m going to reprise a Ticker from 2011-10-18, which you can read here if you want the original, but in a political context. There was once a nation that was comprised of fish. The fish lived in a...
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BANKERS BEHIND BARS – Petition To Put Bankers In Jail Passes 350,000...
UPDATE - The online petition was started 2 weeks ago, already has more than 650,000signatures, and is growing by 1,000 names every few hours. Though focused on criminal EU bankers, the signatures are...
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NY Throws A Wrench Into Crony Banksterism
Hoh hoh hoh…. (Reuters) – The Treasury Department and Federal Reserve were blindsided and angered by New York’s banking regulator’s decision to launch an explosive attack on Standard Chartered Plc...
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Blaming Bain Is Easier Than Exposing The Truth
William Cohen, where is your intellectual honesty? Is there any fairness in a system where a group of people can borrow a bunch of money to buy a company and pay themselves millions of dollars in...
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Are The Government And The Big Banks Quietly Preparing For An Imminent...
Something really strange appears to be happening. All over the globe, governments and big banks are acting as if they are anticipating an imminent financial collapse. Unfortunately, we are not...
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Startling Evidence That Central Banks And Wall Street Insiders Are Rapidly...
If you want to figure out what is going to happen next in the financial markets, carefully watch what the insiders are doing. Those that are “connected” have access to far better sources of...
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The Newest Bank Fraud Scheme (“Risk Hiding”)
It just never ends, does it? Starting next year, new rules designed to prevent another meltdown will force traders to post U.S. Treasury bonds or other top-rated holdings to guarantee more of their...
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Now In The Media: European Deposit Flight
Can you say ‘massive bank-run’? I knew you could. I and others have written on the drain of deposits from EU-area banks. Now Bloomberg has it up on their page, on the front. An accelerating flight...
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Why Do You Obey The Law When They Don’t Have To?
Yes, that is the BIG question. Really, it’s the only question that matters right now when it comes to our financial system. Why do you obey the law, when the largest financial institutions in the...
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Pay Attention To Italy
Oh oh…. Wondering why Italy ought to be on your radar as the source of ka-boom? Heh heh heh…… worth every second of the 11 minutes. Where is the person in our political process who will bring this...
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Luck Of The Irish?
I guess if by ‘luck’ you mean bad, then the old saying applies here. A very interesting piece from Golem can be found here… You have to hand it to Sugarman. He has a knack for giving the authorities...
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Senator Carl Levin Is Fashioning A Noose
And he’s slipping the noose over the witnesses’s heads. He’s going after the bank corruption! Could this be the REAL reason he decided to retire? If anyone has the power to finally stop the...
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Good Banker, Bad Banker
It’s important to draw a line between two very different flavors of banker: “restrained” (Dr. Jekyll) and “unrestrained” (Mr. Hyde). Those who read The Proper Use of Credit (April 4, 2013) know that I...
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