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Archive for the ‘Banks’ Category

Yes Janet, it is a bubble

27 Sep

“Most of the 90 minutes last night was a waste—with both candidates lobbing well-worn clichés, slogans and sound bites at the audience and each other. But there was one brief moment that made …”

Source: The Donald Nailed It: “We Are In A Big Fat Ugly Bubble”

 

Have the political insiders decided to dump Hillary?

26 Sep

Is Hillary too risky for them to do their bidding?

 
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Posted in Banks, Crony capitalism, Hillary Clinton, Presidential campaign, Progressives, Warfare state

 

You decide which organization is the greatest threat

26 Sep

Source: Wells Fargo or the Federal Reserve: Who’s the Bigger Fraud?

 
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Posted in Banks, Central banks, Crony capitalism, Federal Reserve, Free markets

 

David Stockman’s spot on analysis

25 Sep

 

Bernie is right, but of the wrong reasons

24 Sep

“This is a gem of an article. Read it.”

Source: The Economy Is Rigged

 
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Posted in Banks, Bernie Sanders, Central banks, Crony capitalism, Federal Reserve, Free markets, Gold, Welfare state

 

Deja vu, again

23 Sep

“Stop me if you’ve heard this one before, but Fannie Mae and Freddie Mac are lowering mortgage standards.”

Source: Deja vu: Fannie and Freddie Lower Lending Standards | Mises Wire

 
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Posted in Banks, Business cycle, Central banks, Housing market, Interest rates

 

Bear market in 2017?

23 Sep

“Money and credit growth in the U.S. has now become inflationary and is encouraging another bubble in stock markets, according to an economist.”

Source: The Fed’s ‘costly failure’ is leading to a 2017 bear market, economist says

 
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Posted in Banks, Business cycle, Central banks, Economy, Federal Reserve, Inflation, Interest rates, Money

 

This could be the time bomb that rocks the economy

22 Sep

Make no mistake, the criminality and fraud of most, if not all, DC politicians that is being exposed now is also occurring in corporate America and at pension funds, especially with regard to fraud…

Source: Wall Street’s Next Ticking Time Bomb: Pensions

 
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Posted in Banks, Business cycle, Central banks, Economy, Federal Reserve, Pensions, Public pensions

 

Danger for investors

19 Sep

“…anybody with any objective, critical, independent mind can tell this is an unsustainable, very ephemeral rally in stocks that has occurred since 2009. And when the bond market breaks, when that bubble bursts, it will wipe out every asset — everything will collapse together — because everything is geared off of that so-called ‘risk free’ rate of return.”

Source: Michael Pento: “These Are The Most Dangerous Markets I’ve Ever Witnessed”

 

Taking Janet Yellen to task

19 Sep

“Playing Politics In honest capitalism, you do what you can to get other people to voluntarily give you money. This usually involves providing goods or services they think are worth the price. You…”

Source: Janet Yellen’s Shame

 
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Posted in Banks, Business cycle, Central banks, Crony capitalism, Economy, Federal Reserve, Free markets, Inflation, Interest rates

 

 Worse Than 1929?

18 Sep

“Greg Hunter’s USAWatchdog.com  Economic expert and best-selling author David Stockman offers a dire view of the deep financial trouble America faces in his new book titled “Trumped!”   Stockman war…”

Source: USA Watchdog Interview: Current Stock And Bond Bubbles Much Worse Than 1929

 

Wall Street and the federal government’s revolving door

18 Sep

For another perspective on the revolving door see Murray Rothbard’s monograph, Wall Street, Banks and American Foreign Policy.

“April 2015, Zero Hedge: “Gregg Berman will find a hospitable and well-paid position after spending 6 years defending the well-paying HFTs lobby. In all likelihood Berman will join the NY Fed’s shadow trading desk and the world’s most leveraged hedge fund, Citadel itself.”September 2016, WSJ: “Gregg Berman joins Citaldel.”

Source: The SEC’s Former Top “HFT Expert” Joins HFT Titan Citadel

 
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Posted in Banks, Crony capitalism, Federal Government, Foreign policy, Military-industrial complex, Politicians, Warfare state

 

One really dumb idea for New Jersey—bank socialism

11 Sep

The state cannot fund the Transportation Trust Fund properly and Phil Murphy wants more crony capitalism in the Garden State.  What do you expect from a former executive of Goldman Sachs—the epicenter of of crony capitalism in America. 

“New Jersey deposits billions in commercial banks, and the money leaves the state. Phil Murphy asks: Why not build a state-owned bank and keep the money here?

Source: Phil Murphy’s opening bid: A promising plan on economy | Moran

 
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Posted in Banks, Crony capitalism, Democrats, New Jersey, Socialism

 

Clueless central bankers

02 Sep

Yallen

“As The World Economy Is Burning Central Bankers Are Clueless By Egon von Greyerz The more things change, the more they stay the same. The financial world loves focusing on some future event that the…”

Source: As The World Economy Is Burning Central Bankers Are Clueless | GoldSwitzerland

 
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Posted in Banks, Crony capitalism, Interest rates, Money, U.S. Dollar

 

The coming collapse of paper money?

01 Sep

92853-004-E3A33057“Alt-Market.com – supporting local economies, barter networks, farmers initiatives, and alternative currencies backed by tangible commodities.”

Source: The Central Banks Are Now Ready To Launch Their ‘Brave New World’

 
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Posted in Banks, Business cycle, Central banks, Crony capitalism, Interest rates, Money