Author Archives: energyskeptic

The Armageddon Looting Machine: The Looming Mass Destruction from Derivatives

The Armageddon Looting Machine: The Looming Mass Destruction from Derivatives Posted on September 17, 2013 by Ellen Brown Increased regulation and low interest rates are driving lending from the regulated commercial banking system into the unregulated shadow banking system. The shadow … Continue reading →

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Credit Cards

Usurious Returns on Phantom Money: The Credit Card Gravy Train  February 14, 2014 by Ellen Brown The credit card business is now the banking industry’s biggest cash cow, and it’s largely due to lucrative hidden fees.  You pay off your credit … Continue reading →

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How to survive the coming century

Excerpts from 25 Feb 2009  How to survive the coming century http://www.newscientist.com/article/mg20126971.700-how-to-survive-the-coming-century.html?full=true All of the world’s major deserts are predicted to expand, with the Sahara reaching right into central Europe. Glacial retreat will dry Europe’s rivers from the Danube to … Continue reading →

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Bill Moyers & Bill Black on Ponzi schemes, Fraud, & Liar’s loans

Bill Moyers talks to Bill Black about the fraud that pervades the financial industry and the Obama government April 3, 2009  pbs.org William Kurt Blackis an American lawyer, academic, author, and a former bank regulator. His expertise is white-collar crime, … Continue reading →

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Joe Bageant : We’ve Let Corporations and Media Rob Our Souls–It’s Time to do something Meaningful

[One of the best books that explains why poor people go against their own interests by voting for Trump and Republicans in general is Joe’s highly entertaining “Deer Hunting with Jesus: Dispatches from America’s Class War“. Alice Friedemann   www.energyskeptic.com  author … Continue reading →

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Stock Market Bubbles and Rallies

I have a theory that the rich milk the middle class like cows by deliberately driving up the prices of stocks and skimming the cream off by selling before the market goes down, as described in Matt Taibbi’s The Great … Continue reading →

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Goldman Sachs has manipulated markets since the Great Depression and still is

The Great American Bubble Machine From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression — and they’re about to do it again   9 July 2009  Matt Taibbi The first … Continue reading →

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Pensions of millions of Americans Threatened

Thought Secure, Pooled Pensions Teeter and Fall 12 April 2014  Mary Williams Walsh  New York Times The pensions of millions of Americans are being threatened because of trouble in a part of the retirement world long considered so safe that … Continue reading →

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The most greedy, fraudulent banks continue to loot

Too Big to Fail banks continue to behave like they did before 2008 and are making the most money because they’re perceived as safer. The Looting of America’s Coffers March 10, 2009 David Leonhardt. New York Times Sixteen years ago, … Continue reading →

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Oil Sands missed rosy production figures – AGAIN

Commentary: Canadian Oil Sands Misses Unrealistic Projection – Issues Another December 14, 2009 Tom Standing ASPO USA Peak Oil Review Canadian energy authorities have done it again. They missed their last rosy projection of future oil sands production, so they … Continue reading →

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