A review of a book by Charles Gasparino: Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street http://www.amazon.com/Bought-Paid-Un.../dp/1595230718 The Creature from Johnny's Half Shell Johnny's Half Shell is a popular gourmet restaurant located in Washington, DC. In June 2007, representatives of the Financial elite from New York were called to gather there for a secret meeting. It was a small affair, held in ...
Let's call it like it is: the controversy surrounding the government shutdown is pure theater, being performed by the establishment Democrats and Republicans. There is no substance. The always convenient red herrings are being called upon to shift the debate, and to distract and mislead. This is not about abortion or woman's health. The establishment Republicans and Democrats have proposed nearly identical budgets. There is no substantial difference in the spending. But they want ...
The GOP members of the Financial Crisis Inquiry Commission released their own "opinion" report on the larger Commission report issued this week. It is not a terribly bad summary of everything that went into the housing bubble and mortgage derivatives crisis. The title of the Primer and GOP Commissioners: REPUBLICAN COMMISSIONERS ON THE FINANCIAL CRISIS INQUIRY COMMISSION - FINANCIAL CRISIS PRIMER Vice Chairman Bill Thomas Commissioner ...
Is gold in a bubble? Almost by definition, gold is the alternative currency, so it should be the most affected by the monetary inflation created by the Federal Reserve and US Treasury. Gold has certainly risen, and it is serving it's function well. One could say the efforts of the biggest financial corporations and governments to control the price of gold has resulted in a smooth curve, avoiding a speculative bubble in gold. Would there be as much demand for gold if the US Dollar was not being destroyed? ...
Updated 01-13-2011 at 10:54 AM by Brian4Liberty
In 1998, crude oil reached a relative low of approximately $10 a barrel. Ten years later, in 2008, oil was peaking at the $145 per barrel mark. What a nice ride it was for oil investors. But from 2006 to 2008, it showed all the signs of a relative peak, caused by a speculative bubble. At the macro level, everything is rising in price compared to the US Dollar. We all know this. It's due to monetary inflation by the Federal Reserve and US Treasury, commonly referred to as "printing ...
Updated 01-13-2011 at 10:35 AM by Brian4Liberty (Condensed for clarity.)
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