Just how deep does the rabbit hole go?
Posts tagged Wall Street
David Stockman speaks at the Manhattan Mises Circle
03 days ago
How Crony Capitalism Corrupts the Free Market
Source: http://www.lewrockwell.com
Posted by Ryan W. McMaken
DOJ Calls It A Hit Piece: Frontline – The Untouchables
03 months ago
Source: http://video.pbs.org/video/2327953844
Screen capture from video.
Watch The Untouchables on PBS. See more from FRONTLINE.
Even a fiat currency and the casino game of fractional reserve standards are not enough to cover the never ending greed. Banks use your deposited money plus imaginary reserve policy funds to make bad bets, and lose. But who really lost? The banks get bailed out by Washington D.C. criminals, you get foreclosed on and then you are responsible for the cost of the bailout.
Part 1 of 4. To view complete please follow the link provided above. Bernie Madoff and other smaller fish got constant mainstream media coverage while the big ponzi scheme rolls along with white glove treatment, as it seems only the Wall Street thieves approved by D.C. are officially too big to fail.
Your thoughts appreciated below.
Has WWIII already begun? Gerald Celente breaks down the Past, Present, and Future
03 months ago
Gary Franchi and Next News Network interview Trends forecaster Gerald Celente covering our current condition and future paths. Topics discussed cover the economy, the power play behind ever expanding wars and the natural resources involved, Wall Street and the government blessing to the “too big to fail” organizations plus the recent gun control moves by the administration and the history behind it all.
Do Wall Street Insiders Expect Something Really BIG To Happen Very Soon?
13 months ago
in Finance
Source: http://www.activistpost.com
Credit: activistpost.com
By Michael Snyder
Why are corporate insiders dumping huge numbers of shares in their own companies right now? Why are some very large investors suddenly making gigantic bets that the stock market will crash at some point in the next 60 days? Do Wall Street insiders expect something really BIG to happen very soon? Do they know something that we do not know? What you are about to read below is startling.
Every time that the market has fallen in recent years, insiders have been able to get out ahead of time. David Coleman of the Vickers Weekly Insider report recently noted that Wall Street insiders have shown “a remarkable ability of late to identify both market peaks and troughs”. That is why it is so alarming that corporate insiders are selling nine times as many shares as they are buying right now.
In addition, some extraordinarily large bets have just been made that will only pay off if the financial markets in the U.S. crash by the end of April. So what does all of this mean?
Well, it could mean absolutely nothing or it could mean that there are people out there that actually have insider knowledge that a market crash is coming. Evaluate the evidence below and decide for yourself…
For some reason, corporate insiders have chosen this moment to unload huge amounts of stock.
According to a CNN article, corporate insiders are now selling nine times more of their own shares than they are buying…
Corporate insiders have one word for investors: sell.
Insiders were nine times more likely to sell shares of their companies than buy new ones last week, according to the Vickers Weekly Insider report by Argus Research.
What makes this so alarming is that corporate insiders have been exceedingly good at “timing the market” in recent years. The following comes from a recent CNBC article entitled “Sucker Alert? Insider Selling Surges After Dow 14,000“…
‘In almost perfect coordination with an equity market that was rushing toward new all-time highs, insider sentiment has weakened sharply — falling to its lowest level since late March 2012,’ wrote David Coleman of the Vickers Weekly Insider report, one of the longest researchers of executive buying and selling on Wall Street. ‘Insiders are waving the cautionary flag in an increasingly aggressive manner.’
There have been more than nine insider sales for every one buy over the past week among NYSE stocks, according to Vickers. The last time executives sold their company’s stock this aggressively was in early 2012, just before the S&P 500 went on to correct by 10 percent to its low for the year.
‘Insiders know more than the vast majority of market participants,’ said Enis Taner, global macro editor for RiskReversal.com. ‘And they’re usually right over a long period of time.’
There are other indications that the stock market may be headed for a significant tumble in the months ahead. For example, as a Zero Hedge article recently pointed out, the last time that the financial markets in the U.S. were as “euphoric” as they are now was right before the financial crisis of 2008.
And as I mentioned above, some people out there have recently made some absolutely jaw-dropping bets against stocks which will only pay off if there is a financial crash at some point in the next few months.
The four business gangs that run the US
04 months ago
Source: http://www.blacklistednews.com
This article first appeared on: The Age
If you’ve ever suspected politics is increasingly being run in the interests of big business, I have news: Jeffrey Sachs, a highly respected economist from Columbia University, agrees with you – at least in respect of the United States.
In his book, The Price of Civilisation, he says the US economy is caught in a feedback loop. ”Corporate wealth translates into political power through campaign financing, corporate lobbying and the revolving door of jobs between government and industry; and political power translates into further wealth through tax cuts, deregulation and sweetheart contracts between government and industry. Wealth begets power, and power begets wealth,” he says.
Sachs says four key sectors of US business exemplify this feedback loop and the takeover of political power in America by the ”corporatocracy”.
First is the well-known military-industrial complex. ”As [President] Eisenhower famously warned in his farewell address in January 1961, the linkage of the military and private industry created a political power so pervasive that America has been condemned to militarisation, useless wars and fiscal waste on a scale of many tens of trillions of dollars since then,” he says.
Second is the Wall Street-Washington complex, which has steered the financial system towards control by a few politically powerful Wall Street firms, notably Goldman Sachs, JPMorgan Chase, Citigroup, Morgan Stanley and a handful of other financial firms.
These days, almost every US Treasury secretary – Republican or Democrat – comes from Wall Street and goes back there when his term ends. The close ties between Wall Street and Washington ”paved the way for the 2008 financial crisis and the mega-bailouts that followed, through reckless deregulation followed by an almost complete lack of oversight by government”.
Third is the Big Oil-transport-military complex, which has put the US on the trajectory of heavy oil-imports dependence and a deepening military trap in the Middle East, he says.
”Since the days of John D. Rockefeller and the Standard Oil Trust a century ago, Big Oil has loomed large in American politics and foreign policy. Big Oil teamed up with the automobile industry to steer America away from mass transit and towards gas-guzzling vehicles driving on a nationally financed highway system.”
Big Oil has consistently and successfully fought the intrusion of competition from non-oil energy sources, including nuclear, wind and solar power.
It has been at the side of the Pentagon in making sure that America defends the sea-lanes to the Persian Gulf, in effect ensuring a $US100 billion-plus annual subsidy for a fuel that is otherwise dangerous for national security, Sachs says.
Goldman Sachs Alumni Mark Carney Is Governor of the Central Bank of England
05 months ago
Source: http://occupycorporatism.com
By Susanne Posel
Occupy Corporatism
November 27, 2012
Chancellor George Osborne has named Mark Carney, who is the current governor of the Bank of Canada and Chairman of the Financial Stability Board of the G20, has been chosen for governor of the Bank of England and successor to Mervyn King.
In April it was revealed that Carney was being “informally approached as a potential candidate to replace King as head of the central Bank of England in June of 2013.”
Obsorne explained that Carney brings “strong leadership and external experience the Bank needs.” Carney and his leadership in Canada were recognized for having weathered the central banking schemes “better than any other Western country.”
The Bank of England, established 318 years ago, is expected to take a new direction under Carney’s leadership – a suspected necessity for the technocrats to gain stronger hold over the financial markets. There are rumors that the incessant printing of fiat will be curbed because of its inability to stimulate the global economy. This strategic move may also ensure that the City of London can repair its reputation.
Carney’s position as governor of the central Bank of England will last for 8 years; however Carney has indicated that he expects to serve for 5 years and hand over the position in 2018.
Carney appears to be a solid choice, as he has not been tainted by the planned implosion of the global financial market that was the Crash of 2008. He also has a long history with the technocrats. Carney was employed by the Goldman Sachs Group, Inc in the City of London. He also worked at Goldman Sachs locations in Tokyo, New York and Toronto. Carney has a masters and PhD degree from the globalist-funded Oxford University.
Yet Carney’s involvement in the 1998 Russian financial collapse that Goldman Sachs created seems to have escaped the mainstream media’s memory. In response, and to divert attention, Carney used precise coercion to convince the Russian government to become indebted to Goldman Sachs as a saving grace from the devastation that the crash threatened to produce.
Like any good technocratic institution, Goldman Sachs came to the “aid” of the Russian government with loans to the tune of $1.25 billion to be used for purchasing bonds. This scheme was not enough to save the nation, and just like clockwork; the Russian government defaulted and was indebted to Goldman Sachs.
Let Banks Fail
25 months ago
Thanks to @Snarky_B
Published on Nov 11, 2012 by LibertyAus
Government intervention – not the rigours of the free market – is the cause of financial mayhem.
Chris Leithner speaking at the Festival of Dangerous Ideas (http://fodi.sydneyoperahouse.com/) on Letting Banks Fail, and in particular how Central Banks already have.
Whereby government intervention – not the rigours of the free market – is the cause of the financial mayhem on Wall Street that becomes economic crises on Main Street. The Global Financial Crisis shows that it is not ‘capitalism’ (Karl Marx’s insult of choice) or ‘extreme capitalism (Kevin Rudd’s) that has failed but the ‘mixed economy’. To stop these crises, we need to free the market and allow it to do its job. In a free society, no bank is so big or important that we shouldn’t let it fail.
Prof. Murray Sabrin Addresses the State of the Union
05 months ago
Source: http://rtr.org
http://NextNewsNetwork.com | Next News Network’s WHDT World News Program airs daily at 6pm and 11pm Eastern on Comcast, DirecTV and Over-the-Air and Online at http://usmediavault.com/WHDT.html
WHDT World News is available to 6 million viewers from South Beach to Sebastian, Florida and to 2 million viewers in Boston, Massachusetts via WHDN.
WHDT broadcasts on RF channel 44 (virtual channel 9) from Palm City and is carried on cable TV channels 44 (SD) and 1044 (HD) by AT&T, on cable channels 17 (SD) and 438 (HD) in West Palm Beach by Comcast, on satellite channel 44 (SD) in West Palm Beach by DIRECTV, and on WHDN-Boston which broadcasts on RF channel 38 (virtual channel 6) from the Government Center district in downtown Boston.
More about WHDT: http://en.wikipedia.org/wiki/WHDT… more
Lew Rockwell Owns the Gang of Overlords
06 months ago
Source: http://rtr.org/vid/5405/lew-rockwell-owns-the-gang-of-overlords
http://NextNewsNetwork.com | Next News Network’s WHDT World News Program airs daily at 6pm and 11pm Eastern on Comcast, DirecTV and Over-the-Air and Online at http://usmediavault.com/WHDT.html
WHDT World News is available to 6 million viewers from South Beach to Sebastian, Florida and to 2 million viewers in Boston, Massachusetts via WHDN.
WHDT broadcasts on RF channel 44 (virtual channel 9) from Palm City and is carried on cable TV channels 44 (SD) and 1044 (HD) by AT&T, on cable channels 17 (SD) and 438 (HD) in West Palm Beach by Comcast, on satellite channel 44 (SD) in West Palm Beach by DIRECTV, and on WHDN-Boston which broadcasts on RF channel 38 (virtual channel 6) from the Government Center district in downtown Boston.
More about WHDT: http://en.wikipedia.org/wiki/WHDT
Who Will Win the Elections? “The Republicrats”
0Source: http://www.globalresearch.ca
There is no democracy in the United States.
American political life is dominated by one party with two heads, often called the “Republicrats”.
Republicans and Democrats agree on core issues and only argue on technicalities. Obama, who was portrayed as a peaceful saviour in the last presidential elections, has demonstrated during his four years in office that he is not much different from his predecessor.
Nobel “Peace” Prize Laureate Barack Obama’s “war record” is worse than that of George W. Bush; the civil rights of Americans have shrunk further in the last four years and President Obama has shown that that is he is closer to Wall Street than to Main Street.
Mitt Romney and Barack Obama are more of the same on key issues as Glen Ford explains:
To any objective observer, the consensus that exists between Barack Obama and Mitt Romney on the fundamental issues of war and peace, Wall Street’s dominance of American life, and fiscal austerity, has been made crystal clear in the two “debates.” In the absence of effective popular resistance to the duopoly of money, the economic and social crisis fails to create a corresponding political crisis for the rulers. As a result, there is nothing important for them to debate. (Glen Ford, Obama-Romney: The Duopoly Debates Itself)
But how are Presidential debates regulated? The history of the Commission on Presidential Debates sheds light on how and why other parties are excluded from the political debate and kept away from the public’s eyes and ears:
The Commission on Presidential Debates is a private corporation headed by the former chairmen of the Republican and Democratic parties. The CPD is a duopoly which allows the major party candidates to draft secret agreements about debate arrangements including moderators, debate format and even participants. The result is a travesty riddled with sterile, non-contentious arguments which consistently exclude alternative voices that Americans want to hear. (VIDEO : SpartacusMoriarty, The Truth About the Commission on Presidential Debates)
In 2008, while the Republicrats agreed on bailing out Wall Street, ALL other presidential candidates were against this massive institutionalized fraud. Thanks to the Commission on Presidential Debates, Americans were led to believe that the bank bailout was not only inevitable but in the public interest. Americans were not prevented from hearing the dissenting political voices, who were opposed to this odious debt. The same goes for the Republicrats’ Imperial design fueled by “the war on terrorism and regime change, defended by both Romney and Obama as a legitimate “humanitarian” undertaking
This is a work in progess, a self learning tool and fun little project. Please excuse the slow development as it seems the needed proper time is always lacking. It is my hope that the combination of content and links to other sources of information in this simple blog may help awaken a few of the sleeping masses and encourage and inspire others to initiate their own research, ultimately for each person to be a light to help awaken others. Opinions expressed belong to me, myself and I. Also, a big thank you to all that take the time to visit, it is appreciated :)
