Financial System

Yesterday's Stock Market Rally Courtesy of Government Ponzi

Yesterday’s Stock Market Rally Courtesy of Government Ponzi

Yesterday was a big day in the stock market! The Central Banks of the world came to the rescue of Europe, at least that is what you are supposed to believe. [...]

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The Horror of a Financial Implosion

The Horror of a Financial Implosion

We are getting closer and closer to some unknown upset in markets and possibly the sanctity of law. The MF Global blowup certainly demonstrated the latter. Is MF Global a [...]

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A Scathing Indictment of Society, Our Financial Culture and Our Government

A Scathing Indictment of Society, Our Financial Culture and Our Government

My only comment is to read this piece and then re-read it. It conveys properly what much of our society has become. BCM HAS CEASED OPERATIONS  POSTED BY ANN BARNHARDT [...]

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Nassim Taleb on Financial System

Nassim Taleb on our financial system. Don’t miss this one! Share/Save Download article as PDF

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Black knows the difference between black and white

Bill Black provides straightforward, no-nonsense testimony to the House Financial Services Committee. For anyone that believes that the financial system is honest and not corrupt, please watch this short video. [...]

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Simon Johnson: “Quiet Coup” Prevents Solution To Economic Problems

Simon Johnson: “Quiet Coup” Prevents Solution To Economic Problems

FINANCIAL OLIGARCHY RUINING THE ECONOMY “… recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we’re [...]

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