The last time Chicken Little (the banking interests) claimed the sky was falling was when Allen Greenspan, Ben Bernanke, Hank Paulson, and Tim Geithner made the claim in 2008 to President George Bush and Congress that because the sub-prime mortgage bubble had burst the taxpayers would have to bailout the banks or the whole […]Read more "The next time Chicken Little claims the sky is falling, the sky will be falling!"
Some days there is so much going on that it is hard to decide what to write about. So, before getting to today’s subject, let me reference two articles that should be on your reading list. From The Hill, is this story that has seemingly passed under the radar. “The Commerce Department is considering naming […]Read more "Is The European Crisis A Game Of Chicken?"
In the world of finance, when a lender has to accept that a loan will not be paid back, the lender then must write the loan off as a loss. This is called taking a “haircut”. So, it’s understandable that the banksters don’t like haircuts. When the potential haircut is very big, the banksters panic and […]Read more "Banksters Don’t Like Haircuts and The Statist Elites Want to Protect Them"
It is sure beginning to look that way, isn’t it? that seems to be the message the markets are sending. This is not the article I intended to post today. In fact, I had already written one that was related to this article in The Telegraph. It is an excellent article of insight into the […]Read more "Has The Time To Pay The Piper Arrived?"
The unintended consequences of the influence of Karl Marx could soon throw the whole world into chaos. The very goal of the Western elite (socialist) of concentrating power in the hands of a few and exercise control over a dependent populace will be their undoing. Unfortunately, their undoing will take everyone else down with them. Paraphrasing Winston […]Read more "The Socialist Elites Have Lost Control of the Leviathan They Created"