Posted by Tarus on Saturday, October 24, 2009,
In :
Economics
As usual, Max & Stacy pull no punches in their dissemination of this seemingly incredible info. Obama's Manufacturing Czar Ron Bloom, speaks openly but rather comically regarding our fictitious American free market under which, little people are suffering. Sometimes, their contempt for poor folk can be seen even through a slip of the tongue. I wonder though, is the pretext of hope and good will still more preferable than hard facts on the ground?
Posted by Lamont Cranston on Tuesday, August 18, 2009,
In :
Economics
In the media, we so often hear of the housing bubble, which has ultimately collapsed but yet continues to wreak havoc in a seemingly endless spate of foreclosures. We've also heard references to the super-inflated tech bubbles i.e. technologybubbles of the late 80's and early 90's. What actually are bubbles anyway? Joseph Plummer enlightens us concerning this very topic in his very informative and easy-to-understand 10 minute podcast. Have a listen.
Posted by Lamont Cranston on Friday, July 31, 2009,
In :
Economics
The Fed is not even officially apart of the Federal Government. It's a collection or a cartel of private banks given incredible powers by our hapless legislative branch back in 1913 to print fiat money, which is backed by nothing other than debt already in circulation further decreasing the value of the dollar. It also sets the interest rates. Would you like to know more? Click Hereand then scroll down.Consider Zeitgiest & Money, Banking, and The Federal Reserve films.
Posted by Tarus on Friday, July 17, 2009,
In :
Economics
Banks, investment banks especially, must always be looked upon and treated with absolute scrutiny because no bank is in the business making an honest buck!
Posted by Tarus on Saturday, June 13, 2009,
In :
Economics
I've always encourage our people to understand and learn how the flow of money works, for it is Commerce and Trade not Politicsthat determine all other outcomes. For far too long, real black progress has been stymied by our hapless preoccupationof politics, which is essentially theater or ceremonial @best.The Montgomery Boycott achieved success ultimately because the pocket book of the State of Alabama was hurting, not because they had all of a sudden grown a conscience or a soul. The inf...
Posted by Tarus on Saturday, April 11, 2009,
In :
Economics
This guy is relentless in going after the big wigs of finance capitalism as they seek to subvert the natural order of market trends. His analysis on the G20 summit is incisive - to say the least and not to mention, comical. Visit his website @ maxkeiser.comfor the latest news regarding our ailing economy, as they've given it a much needed face lift. You can listen to his brief analysis on the G20 summit here.
Posted by Tarus on Wednesday, April 1, 2009,
In :
Economics
Believe it or not, the metrics of the banking system are far beyond what even most financial mavenscan ascertain. Anyone of them who says different is either a liar, inept, or in the pockets of these corrupt and very predacious banking institutions. This of course is evidenced by the colossal banking failures of late. We are suppose to have afree market systemwhere the production of certain goods and services are dictated by public consumption creating somewhat of a more autonomous fram...