MF Global

Possession and/or Might Replaces Law

January 15, 2012January 14, 2012

Collapsing civilizations happen infrequently. The process, at least in the beginning, is slow and unnoticed. Even in advanced stages, most people are oblivious to what…

December 26, 2011December 25, 2011

If you don’t hold it, you may not own it. This video is an interview of Ann Barnhardt by Peter Schiff where Ms. Barnhardt expresses…

December 19, 2011December 18, 2011

The more one hears of MF Global the more worried one should be. The issues are much bigger and more dangerous than the likely fraud/theft…

December 10, 2011December 10, 2011

Ann Barnhardt closed her brokerage firm and submitted a damning letter as to why. She has been interviewed by Jim Puplava and provided a “pull-no-punches interview.…

Our Professional Criminal Class

November 22, 2011November 23, 2011

The political corruption in this country is no longer whispered about. It is out in the open and fairly well recognized. Productive society is getting plundered by the parasite class in Washington DC and their friends.

The MF Global collapse is merely the latest scandal that has harmed citizens. The lack of prosecutions in the banking system and the politicians who made the thefts possible only provides signals to others that such behavior is acceptable, so long as you know the right people and pay the proper favors.

The linkage between Wall Street and Washington is goes well beyond traditional lobbying. Both sides are getting rich off insider information, favors and special deals. The MF Global implosion (and theft) is a real inconvenience for the political class. As described by Kevin Hayden:

MF Global collapsed while under the leadership of Jon S. Corzine, who was previously governor of New Jersey, a U.S. senator, and the head of Goldman Sachs. MF Global made costly bets on European government bonds.

Mr. Corzine was rumored to be the next Treasury Secretary. He also was a key

November 21, 2011

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…

The Constitution is a written instrument. As such, its meaning does not alter. That which it meant when it was adopted, it means now. South Carolina v. United States, 199 U.S. 437, 448 (1905)
[Government] ... the irresponsible mercurial collective decisions of 'public' men or women who control other people's resources but are ultimately impelled, like the rest of fallible mankind, to put their personal interests first. Arthur Seldon
Trust no "beautiful" man or woman reporter for your news. "Ugly" is better. To survive in this business sans pulchritude is a sign of substance.
Monty Pelerin
... every time the privilege of a subsidy is granted to a certain individual or group, someone else\\\'s right to their income is destroyed to pay for it. Every time the privilege of an affirmative action quota is granted to a minority group, someone else\\\'s right to free association is destroyed to implement it. Every time the privilege of price controls is established for certain corporations, someone else\\\'s right to trade freely is destroyed in the process. Nelson Hultberg
Every single empire, in its official discourse, has said that it is not like all the others, that its circumstances are special, that it has a mission to enlighten, civilize, bring order and democracy, and that it uses force only as a last resort. Edward Said

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MF Global

Possession and/or Might Replaces Law

Government is Hunter, You are Prey

When The Rule Of Law Is Dead ….

Meaning of MF Global

Our Professional Criminal Class

The Horror of a Financial Implosion