Oil crunch spreading in Russia

Russia’s economic crisis is so dire and costing citizens so much that it’s starting to trigger social unrest. Here is a direct video link to CBC report.

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Bear market alert: sharp, short rallies, breaking to lower lows

Is that it for this one? This chart of the TSX shows the pattern of violent and increasingly fleeting rallies since November.  The latest spike was the sharpest at 6.6% and the shortest, lasting just 3 days.  Such moves are consistent with an ongoing cyclical bear market punctuated by short-covering rallies and the next wave of distribution.
TSX sharp, short rallies

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Too big to bail or jail: not too big to cut off the gravy train

Our sovereign currency and credit has been usurped for private gain instead of public good. Let’s take back control of our money from Wall Street and build prosperity on Main Street by creating state, county, and municipal public banks. Public tax monies should be leveraged by public officials, not speculators and swindlers. See Public Banking Institute for more information.  Here is a direct video link.

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