Category Archives: No Reforms

Nothing has changed since 2008, the same old insider trading and corrupt banking continue

Drowning in digits: National, Unfunded Liabilities, State, and Derivative Debt

Posted on April 26, 2014 by

Just about everyone I know believes in the permanence of the Dollar, the Eternal Supremacy of the United States, and the propaganda to constantly grow their money by taking risks. So they dutifully feed hard-earned wages into the voracious slot … Continue reading →

Posted in Collateralized Debt Obligation, Crash Coming Soon, Debt, Money, No Reforms, Ponzi Schemes, Unfunded Liabilities | Comments Off on Drowning in digits: National, Unfunded Liabilities, State, and Derivative Debt

The congressional report on “The Financial Crisis” and what happened

Posted on March 11, 2014 by

The Financial Crisis Inquiry Report. Final Report of the national Commission on the Causes of the Financial and Economic Crisis in the United States 2011. Phil Angelides Chairman, Brooksley Born Commissioner, Senator Bob Graham Commissioner, etc. This is the best … Continue reading →

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Banks get around Bonus Rules = less money to take back after risky bets go bad

Posted on February 15, 2014 by

February 13, 2014. Banks in London Devise Way Around Europe’s Bonus Rules. Jenny Anderson. New York Times. Since the 2008 crisis, regulators around the world have tried to rein in bonuses, worried that big payouts encourage excessive risk-taking by bankers … Continue reading →

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Matt Taibbi : Commodity Scams on Wall Street Will Cause the Next Crash

Posted on February 15, 2014 by

The Vampire Squid Strikes Again: The Mega Banks’ Most Devious Scam Yet Banks are no longer just financing heavy industry. They are actually buying it up and inventing bigger, bolder and scarier scams than ever. Matt Taibbi.  February 12, 2014.  … Continue reading →

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