Gary Shilling, president of A. Gary Shilling & Co., discusses potential implications of new regulations for U.S. banks, the industry’s exposure to the European sovereign debt crisis and investment strategy. Watch the Bloomberg interview here.
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Regulators tinkering at the margins….bankster cabal still pulling the strings….no structural change imminent…. nothing changes …..market corrections are met by PPT in coordinated effort with puppet politicians…IE latest market drop met by Merkle and Co. with, we are going to do something, don’t know what yet but we will think of something I am sure … anyway enough to get the trading desks to bid up the markets in minimal volume market….mom and pops along for the ride their capital being drained daily….. shill asset managers and brokers still skimming management fees and trading costs off the top line……it’s a gatekeepers game……”sheeple” beware!
That movie No Country for Old Men keeps replaying in my head these days…..that triangle of the good the evil and the unlucky …. seems appropriate for the times…..as in the movie the power of evil may be just too overwhelming….maybe out of this mess a Gandhi-like figure will eventually emerge to lead the change the OWS movement has started….
“A small body of determined spirits fired by an unquenchable faith in their mission can alter the course of history.” ……Mohandas Gandhi