Financial Cowards!

The Dems. well at least most of them, are working hard to try and find a way to control the financial markets so these thieving a/holes cannot bring down another booming economy by their insatiable need for profits and not just profits but rather obscene profits…..
You would imagine that the Repubs would do all they [...]

Read Full Post »

Repubs On Jobs Creation

FLASH!  Zip!  Bang!
We have heard all the big ideas from the President and his boyz….he will put America back to work with the use of the left over TARP funds…..but what about the Repubs?  Do they have any ideas on how to end the rising tide of unemployment?
Ask and thou shalt receive……
Yesterday the Repubs in [...]

Read Full Post »

Can Wall Street Be Regulated?

By now all the world knows is how big Wall Street is and how they can make or break an economy…..and recently they broke the whole damn thing!
And because they, Wall Street, was too big to fail….there is a growing attitude in Washington that these little turds need to be more accountable for their actions….something [...]

Read Full Post »

Goldman-Sachs Spits On The Taxpayer!

We all have an opinion on whether the bank bailout was a good thing…the problem for Wall Street is that more Americans feel betrayed by their government for handing over massive amounts of cash to these thieves while they have to struggle just to keep food and clothing and shelter….and yet there is still NO [...]

Read Full Post »

Is Capitalism Losing Its Luster?

The recent economic down turn in the past year have got people all over the globe asking that same question.  They have seen just how badly the free markets are being manipulated by the “players” and that none of it was for the benefit of the people and the economy…the sole motivation was…GREED!
Recently the BBC [...]

Read Full Post »

Serpent Of The Dark Pool

Nope…this is NOT a Chinese restaurant (shades of Big Trouble In Little China)…..I am talking about a financial dance that is causing a bit of concern, to say the least…..it is called “dark pool”, Dark Liquidity, and so on……basically it is market manipulation….does that sound familiar?  Could this be the next economic slide waiting to [...]

Read Full Post »

Taxpayers Take Yet Another Screwing!

The bailout thing has been nothing but a good gang rape of the taxpayer from the beginning…..the bags of money delivered to Wall Street by the government  has done nothing for the taxpayer and everything for the greedy people on Easy Street…..
The Business journal is reporting:
CIT Group Inc. filed for bankruptcy protection Sunday after its [...]

Read Full Post »

The Terror-Industrial Complex

When Eisenhower left office in 1960 he warned the nation to beware of the military-industrial complex…he gave a rather dire warning of a beast that could be born….and his prediction was ever so accurate.  But what is the MIC?
a concept commonly used to refer to policy relationships between governments, national armed forces, and industrial support [...]

Read Full Post »

A New “Robber Baron”?

Recently I gave a lecture nad we had a helluva battle of words…..it seems those students studying finance believe that what is best for business id best for the country….I did not agree and a war of ideas ensued…..
I tried to point out that we have seen all this financial tap dancing before….back at the [...]

Read Full Post »

Too Big To Fail

Now there is a quaint little saying that burst on the scene with the banks goiung south because of their disastrous practices  It has been thrown around the media circuit like a cheap hooker on crack….but what does that really mean?
First of all, wiki defines it as this:
a phrase referring to the idea that in [...]

Read Full Post »