Daily Archives: April 12, 2016

The plot thickens.  Interesting… Birkenfeld, an American citizen, was a banker working at UBS in Switzerland when he approached the U.S. government with information on massive amounts of tax evasion by Americans with secret accounts in Switzerland. By the end … Continue reading →

Over the past 20 years, as ‘financialization’ swept the world and credit securitization and derivatives became all the rage, originators and sellers extracted trillions by swapping out cash and leaving ‘iou’s’ (debt) in the drawers of most institutions, companies, governments … Continue reading →

A new approach, developed by a company called Oscilla Power, applies all that kinetic energy to a solid piece of metal instead of using it to turn the blades of an impeller. That creates an alternating magnetic polarity in the … Continue reading →