The story just gets more surreal.    This is starting to share some resemblance to the last time we were told a firm that used unregulated, opaque, leveraged smoke-and-mirrors to hedge something or another.  They were also the smartest guys in the room.  A corporation that al… Read full post »

Some recent events have unfolded that I want to talk about.  Because of these recent events, I’m going to take a detour and delay some economic and market posts and focus on the incredible violence that oftentimes reflects our social and economic values.    I haven’t decided i… Read full post »

In the last few weeks the CRB Index has fallen back into bear market territory for the first time since the 2008 global collapse.  A bear market is defined by a correction of 20% or more.  This is not a typical 10-20% correction to a bull market.  This decline has been…

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The Real News, one of my favorite independent news sources, has an interesting video up today.   There is ample evidence that the Bush and Blair administrations are guilty of torture, if not more wide ranging war crimes, as defined by the U.S. signatory to the Geneva Conventions on torture.… Read full post »

A timely reminder of the disposable society created by the Godless corporate state on this Memorial Day weekend.  We live in a society of violence endorsed by the state.  One of its many outcomes include disposable workers, disposable service people and disposable citizens.  

Po… Read full post »

While the hysteria was almost obscene on Wall Street and in the mainstream media about the most hyped IPO in the last decade, it was just days before the Facebook IPO we discussed on here that Facebook executives and investment bankers were using this IPO to loot society.  A far different… Read full post »

To summarize for new readers, we were very bearish on banks going into the 2008 collapse.  At the time I even wrote on here that I liquidated my family’s holdings in Wall Street firms at what later became evident was within a few percentage points of the banking index peak.  Then… Read full post »

I really haven’t mentioned anything about my favorite tout TV lackey since the 2008 collapse.  At that point his credibility went to just about zero.  Cramer has proven himself time and again to be one of the best anecdotal contrary indicators.  In other words, he is presciently wron… Read full post »

Wanna bet we see this company below $1 a share in the next five years or so?

It’s good to see our politicians are diligently serving their masters.  As we have noted before, the total defense bill is most certainly near or above $1 trillion.  The massive bloat propping up the military-industrial complex is absolutely incredible.  The Democrats are no better.&… Read full post »

It has been a while since I have posted anything about colony collapse disorder.  This is worth posting.  Poland just banned Monsanto’s genetically-modified corn.   In the fascist corporate state it essentially comprises the entire population of industrial corn grown.  … Read full post »

You know, I remember half a dozen years ago when Wall Street took to smearing the CEO of Overstock.com as a lunatic.  It was common practice to bully and victimize this guy.  I can even remember reading where some in the criminal cabal tried to smear him because he was dealing… Read full post »

Title link here.

……….Why do we keep trying to regulate Wall Street?  Private, for-profit banking is a criminal enterprise that has never served democracy.  We will never get the psychopaths and corruption out of a private, for-profit monopoly on capital.  Ditch the regulation an… Read full post »

I don’t know that much about Simon Johnson other than he used to be a chief economist at the IMF.  And I consider the IMF to be a criminal enterprise used by mostly American but also European interests to loot countries around the world.  That Johnson served there is nothing more… Read full post »

It’s funny that the dissenting voice is a doctor doing trials into HDL raising drugs for drug companies.  You know, the companies that have sold you 300,000,000,000.00 worth of cholesterol medication. 

To celebrate, why not consider what what your human ancestors did for millions of yea… Read full post »

Well, if it does, it appears that omega-3 plant and animal fat may be the antidote.    Just the opposite of what the medical bureaucracy told us in the last thirty years.

Celebrate.  Go out and have a big juicy grass-fed piece of red meat that has an omega-3 fat profile… Read full post »

When JP Morgan announced the latest financial crisis, and it is a crisis, Obama couldn’t wait to go on TV and publicly support his favorite bankster capo, Jamie Dimon.  

What does Obama, a far worse president than George Bush in my estimation, know about banking to be able to… Read full post »

I highlighted this story last year and used it as a basis for a lengthy post on aggression, violence and its associated reward in our society.  I’m about to start a new series of posts on violence in our society and by association violence in our economy.   This series of posts… Read full post »

I have been writing that this is going to come to pass for years.  It’s finally here.  Gold demand around the globe is cratering and has been for some time.  It is going to get much worse if central bankers no longer bail out the gold speculators.  Just as we have… Read full post »

If you haven’t seen the documentary Gasland, you must watch it.  Netflix, HBO, wherever.  This is one of the best documentaries I have ever watched. 

The obfuscation used by corporations around fracking is criminal.  Those who believe there is no environmental impact are idiot… Read full post »

Since the 2009 bottom I wrote over and over and over that this was going to happen.  That Wall Street was holding the bag.  That their monopoly in capital markets ensured that they would eventually be on the wrong side of massive bad bets.  It’s simply a mathematical fact.  Jami… Read full post »

Unregulated capital has been a topic we have discussed a lot on here.   One of the consequences of unregulated capital is that politicians and bankers have given criminals an entree into legitimization.   They have given criminals a way to globalize their syndicates and the launde… Read full post »

Look, this has once again reached the level of insanity that a criminal banking system is capable of generating.  When Facebook IPO rumors starting flying about 18 months ago, I wrote that at the estimated $50 billion offer price, it was valued at 30-40 times what the average stock was valued… Read full post »

Control is nothing more than an illusion as Jamie Dimon is learning.  Title link here.

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We’ve been on this monopoly thing since starting this blog.  I’m not going to rehash it, but as I noted seven years ago, there is some substantial argument to be made that the Great Depression was substantially caused by monopoly.  Our country is dominated by monopoly and oligopoly in e… Read full post »