Archive for the ‘Bank Bailout Count’ Category
Wednesday, April 1st, 2009
At its core, Wall Street is a criminal enterprise where the scam-generating engine drives the shameless in their singular purpose: the amoral pursuit of profit. Honed during the bubble years, the scam engine now hums in the twilight of ponzi finance, generating new scams and devouring the public wealth with ...
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Tuesday, March 31st, 2009
Good question, but unfortunately no decent answer from the administration.
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Thursday, March 26th, 2009
Ron Paul correctly says we can blame debt for this horribly flawed system.
Pay attention to the reference of the depression in 1921, which no one remembers because it only lasted a year. The recovery happened so quickly because the government stayed out of the market. Things sure have changed. Instead ...
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Wednesday, March 25th, 2009
Geithner's plan is now out of the bag, and you've no doubt heard what's in it: nothing new. It's simply a rehashed version of Paulson's old bad bank plan dressed up in drag with a lot of lipstick. Admittedly, it's a con.
Paulson's plan actually repackages the infamous Master Shafter ...
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Monday, March 23rd, 2009
What will be the straw that breaks the dollar's back? The answer to that question is rarely known without the benefit of hindsight, after which it is usually as obvious as it is useless. Currency collapses have historically been severe overnight events precipitated by intense inflationary pressure over time. The latter ...
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Thursday, March 19th, 2009
The US Constitution requires that only gold and silver COIN are to be lawful money, expressly forbids the use of paper money, and authorizes only the US Congress to coin money. However, in 1913, JP Morgan, JD Rockefeller and other powerful banking interests set up today's FED by using their ...
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Tuesday, March 17th, 2009
The darkest bank of the Shadow System has cast its pall over the world, but AIG is just the shadow of evil. As it is with everything else in this economy, the true heart of darkness is Goldman Sachs.
With the average American family's wealth down 18% due to the collapsed ...
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Wednesday, March 11th, 2009
The adherence to true free market capitalism in the United States has been about the same as adherence to true communism in the old Soviet Union. No accident.
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Tuesday, March 3rd, 2009
In the violent shock wave of the collapsed credit bubble, the worlds biggest banks have been shredded, racking up over a trillion dollars of losses and cutting close to a quarter million jobs. But, bouncing in the chaos, Credit Suisse remains intact on its own. Simply put, the modest bank ...
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