Peter Schiff: Obama No Smarter than Khrushchev, Mao
Saturday, January 10th, 2009Whatever you think of Peter Schiff or Ron Paul, it's Bush and Paulson who sold you out. Cool vid and music. <>
Archive for January, 2009
Whatever you think of Peter Schiff or Ron Paul, it's Bush and Paulson who sold you out. Cool vid and music. <>
Citi Gets Mortgages Crammed Down
Thursday, January 8th, 2009You know it's bad when Citigroup allows mortgages to get crammed down it's throat. In a desperate attempt to keep the ponzi stream open, Citi agreed to dine on court ordered mortgages, and they even pretended to like it. Citigroup Inc., one of nine U.S. banks to get government aid, agreed ...
Bank of America Cashing Out of China Construction Bank
Wednesday, January 7th, 2009Unable to pilfer enough cash from the working stiffs here at home, Bank of America is cashing out of China Construction Bank to the tune of nearly $3B. The Bank of America raised $2.83 billion from selling part of its holding in China Construction Bank, and Hong Kong’s richest tycoon followed ...
Bonus & Bailouts
Saturday, January 3rd, 2009To the Street elite, the stock market is nothing more than a wealth manufacturing machine. As the housing bubble swelled, that machine revved into high gear, and the business plan was concise: cheat. The M.O. was simple, base the bonus on bogus paper profits, on assets such as risky, high ...
