Choices

        Either we: Shred the regulatory state and enable actual capitalism Tell the Federal Reserve to pack sand and to restore the safety of capital by "allowing" the market pricing mechanism to function: mark financial assets to actual market prices, not to self-serving fantasy accounting estimates claw back bailout money anywhere and [...]

By |2012-09-07T11:31:58-04:00September 7th, 2012|Featured Categories, Politics, Uncategorized|1 Comment

Bob Janjuah On Bloomberg: “No One Believes What The Banks Tell Us”

"The banks," of course, are the big, international, Congress-owning kind. Ten Minutes. A few highlights: "We criticized Japan for keeping alive zombie banks. We're pretty much doing the same in the West." "There's a grotesque misallocation of capital going on, away from the parts of the private sector that could use it, into parts, effectively, [...]

By |2011-12-02T18:53:13-05:00December 2nd, 2011|Economy, Media, Video|0 Comments

Asset-Stripping: A Term To Remember

The principle purpose of banking is asset-stripping. What is asset-stripping? The best way to understand it is this: financial terrorism. It's really very simple, very insidious, very effective, and it wears a suit. First, it's important to understand the main operational aspect of banking: counterfeiting. Ooops, did I say counterfeiting? I mean "Fractional Reserve Banking." [...]

By |2011-06-14T14:56:15-04:00June 14th, 2011|Economy|3 Comments

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