The people are angry with their government. Where? Just about everywhere. So what makes ongoing strikes in France so special?… Read More French Popular Uprising: Revolution or Frozen Conflict?
Morphing from a central bank mandated to set monetary policy on the basis of maximum employment and stable prices, to the lender-of-last-resort to the criminally-charged trading houses on Wall Street and now, potentially, to the insider-trading/Big Short hedge funds, the New York Fed has totally lost its way if not its mind… Read More New York Fed Considering Becoming Sugar Daddy to Hedge Funds as their Distress Grows
Angry Berners have been rightly decrying the despicable manipulations of CNN… Read More #CNNIsTrash Trends as Pushback Grows Against Oligarchic Election Meddling
Trump continues to run on a populist message to the common folk of America. It is well known that the stock market is owned by the elite… Read More Has Trump Become the Pied Piper of Wall Street Along with the New York Fed?
The Fed could not have asked for a better smokescreen for its latest round of interventions than Donald Trump’s geopolitical antics… Read More Federal Reserve Admits It Pumped More than $6 Trillion to Wall Street in Recent Six Week Period
The obscene money spigot from the New York Fed to Wall Street’s trading houses didn’t start with the epic financial crisis of 2008, as most Americans believe… Read More Why Is Wall Street the Only Industry in America With Access to the Fed’s Endless Money Machine?
Will be a survival requirement for the coming decade… Read More Understanding The Keys To Power
What the New York Fed knows that the majority of Americans do not know, is that five Wall Street investment banks – all of which own federally-insured, taxpayer-backstopped commercial banks – hold insane levels of highly-concentrated derivatives.… Read More These Charts Show Why the Federal Reserve Is Still in a Panic Over the Repo Loan Market
The addled brains and/or corporate lapdogs in Congress just removed one of the most critically important avenues that debt-strapped middle class millennials had of obtaining a decent standard of living… Read More U.S. Congress Just Passed Nightmare Legislation That Strips Trillions in Wealth from Middle Class
“It reminds me of Moldova after the fall of the Soviet Union: oligarchs running wild, stashing their gains in buildings.”… Read More American Cities Are Becoming Shell Companies for the Rich
A decade best shunned & forgotten… Read More Chris Martenson: Good Riddance To The ‘Twenty-Teens’
Few people have benefited as much from the central bank’s latest intervention as JP Morgan Chase’s head honcho… Read More The Fed Has Made Jamie Dimon $250 Million Richer Through Its Repo Loans