From Matt Taibbi’s “The Great American Bubble Machine” in Rolling Stone Issue 1082-83.
The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.
Any attempt [...]
Dollar obituaries are nothing new. The currency has been presumed dead more times than Shane Macgowan. But like the lead singer of The Pogues, the greenback has somehow withstood repeated knocks and scrapes over the years and lived on, battered, bruised and a couple of teeth [...]
You’re going to be unhappy reading this.
You’ve been warned.
I said – very unhappy – Said Karl @ Market-ticker
Dateline August 2nd, 2002:
The basic point is that the recession of 2001 wasn’t a typical postwar slump, brought on when an inflation-fighting Fed raises interest rates and easily ended by a snapback in housing and consumer spending when [...]
Washington’s Blog
Sunday, June 13, 2009
Here are a few quotes which may explain at least part of what’s going on financially:
“Whoever controls the volume of money in any country is absolute master of all industry and commerce… And when you realize that the entire system is very easily controlled, one way or another, by a [...]
For Immediate Release
June 11, 2009
Audit the Fed Bill Reaches Crucial Benchmark
Washington, D.C. – Congressman Ron Paul’s Federal Reserve Transparency Act, HR 1207, has reached and surpassed the level of 218 cosponsors in the House of Representatives, which means it is now cosponsored by a majority of the members.
The 218th cosponsor was Dennis Kucinich (OH-10), and [...]
