Daily Archives: November 9, 2015

Nomi Prins explains need for public banks

More insight on how the banking system is more vulnerable today than in 2008 and what needs to happen now.  Here is a direct video link. This C-SPAN interview from November 16, 2009 is also a worthwhile discussion between Prins … Continue reading

Posted in Main Page | Comments Off on Nomi Prins explains need for public banks

The future arrives out of fuel

As the Organization for Economic Cooperation and Development (OECD) downgraded global growth forecasts for the second time in three months, to 2.9% in 2015 and 3.3% in 2016, the cumulative cost of relentless central bank ‘stimulants’ since 2008 continues. The … Continue reading

Posted in Main Page | Comments Off on The future arrives out of fuel

Oil industry has made smokers of us all

The New York attorney general’s decision to investigate Exxon Mobil over whether the company lied to the public and investors about the risks of climate change reminds of similar allegations in the Justice Department’s successful suit against the tobacco industry … Continue reading

Posted in Main Page | Comments Off on Oil industry has made smokers of us all

Fixed investment not corroborating Fed speak

The Fed’s latest assurance that the world’s leading central bank is poised to raise rates cited corporate fixed investment “increasing at solid rates in recent months” as a key metric giving them a green light. For those that are interested … Continue reading

Posted in Main Page | Comments Off on Fixed investment not corroborating Fed speak

Bill Black: banksters still winning

Few people grasp the scope and scale of control fraud as a key business model today. Without understanding and admitting, there is no hope for meaningful reform and recovery. Bill Black is an expert on connecting the dots. Bill Black, … Continue reading

Posted in Main Page | Comments Off on Bill Black: banksters still winning