Blogs
Get flash to fully experience Pearltrees
The Real News Network - Independent Video News, Blogs and Editorials
Vote on the questions you would like us to ask future guests.
I think this business insider article by Henry Blodget is a genuine must read A former senior analyst at Moody's has gone public with his story of how one of the country's most important rating agencies is corrupted to the core. Also how long did the longest lived publicly traded investment bank in the USA survive as an investment bank ? Did any make it over age 18 ? Since some time in the mid 70s I had been very puzzled as to how private unregulated firms with such power could remain uncorrupt (in 2008 I started wondering how they had remained uncorrupt for so long).
My Ignorance Amazes me but Still I Cannot Sleep | Angry Bear - Financial and Economic Commentary
James Howard Kunstler
Clusterfuck Nation Just out! Kindle edition of JHK's long-lost 1985 novel An Embarrassment of Riches . The adventures of William and Samuel Walker in the southern wilderness, 1803. JHK and Duncan Crary celebrate the publication of The KunstlerCast: Conversations with James Howard Kunstler - The Tragic Comedy of Suburban Sprawl (New Society Publishers, Nov. 2011) with a party and book signing. Advance Praise for The KunstlerCast book:Chris Martenson - Information on the global economy, environment, and our energy challenges. Real estate, oil, community, homes, money. - Chris Martenson, ChrisMartenson.com
“When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it." Bill Black is a former bank regulator who played a central role in prosecuting the corruption responsible for the S&L crisis of the late 1980s. He is one of America's top experts on financial fraud. And he laments that the US has descended into a type of crony capitalism that makes continued fraud a virtual certainty - while increasingly neutering the safeguards intended to prevent and punish such abuse.
Submitted by Tyler Durden on 03/22/2012 - 18:39 Auto Sales CDS China Consumer Sentiment Crude David Rosenberg Global Economy Housing Starts Iran Israel Merrill Michigan NAHB NFIB Payroll Data Personal Income recovery Rosenberg University Of Michigan Back in early 2011, even as the global economy was at best flatlining, the one goalseeked explanation to justify a levitating stock market (which was rising solely due to the short-term effect of transitory QE2 liquidity), was soaring corporate profitability (which only lasted as long as companies could trim some residual SG&A fat; they have now cut into the bone in terms of layoffs). This time around, with corporate margins having peaked, there had to be some other validation to explain away the "narrative" of the latest bout of central bank infused stock market levitation: it just happened that this time it was once again that old faithful, and always wrong, justification - decoupling.
ZeroHedge | On a long enough timeline the survival rate for everyone drops to zero
Apocalypse 2012 - by Lawrence E. Joseph
Copyright Lawrence E. Joseph. All rights reserved. Professional Application and Game Development for All Interactive Platforms - CODINGCO.com
