Want jobs? Stop using bank deposits for wasteful speculation

Asher Edelman, founder of Edelman Artz and former CEO and Trustee, discusses his views on the U.S. economy which he feels is in recession. Also, insight to his investment strategy.  Here is a direct video link.

And all that nonsense [mouthed repeatedly by financial-tainers] about strong job growth over the past 8 years….yah, sorry. You must be joking…or lying…or a fool?
labor-force-participation-rate-january-2016Also reining in speculation by bringing back Glass Steagall to refocus deposit taking banks onto investing and lending to the real economy rather than economy-destroying gambling, is absolutely critical.  Any leader who doesn’t support this, won’t be helpful.  Everything else is sales-puff in comparison.  Here is a direct video link.

Meanwhile Republican and House Speaker Paul Ryan is part of the huge finance-purchased cabal vehemently insisting that requiring those offering financial and investment advice to act in the best interests of their clients would ‘increase paperwork’ and make it harder for investment ‘mangelment’ companies to operate.  See: House Speaker Ryan becomes leading opponent of fiduciary rule.

Oh yes by all means, keep it easy for unethical people and companies to abuse those who trust them for advice…

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Tesla: ‘disruptive technology that changes human behavior’

Dougherty & Co. Analyst Andrea James weighs in on Tesla’s Model X. Here is a direct video link.


“Disruptive technology:  the presence of the product on the market disrupts the market and fundamentally changes that market or changes human behavior…Tesla has solved the energy storage problem… and electricity is much more efficient..that’s just physics.”

This analyst comprehends the break through that is Tesla. Bravo.

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Monetary magic: ‘It’s gone’

The ECB’s Draghi rolled out his now completely emptied monetary bazooka this morning with even more negative rates for banks and even more QE recycling of junky financial assets through central bank prestidigitation.  The algos pinged the headlines as financial markets roared initially on the news, and then hit the skids once more. Reality dawning: monetary magic is now all gone.

A clip from the South Park episode Margaritaville; season 13 episode 3.  Here is a direct video link.

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