Category Archives: finance

Wall Street Giants

Eric Holder Admits Some Banks Are Just Too Big To Prosecute  By Mark Gongloff/ Huffington Post/ March 6, 2013 When the Attorney General of the United States admits some banks are simply too big to prosecute, it might be time … Continue reading

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Ultimate Proof That Corporations Aren’t People

Here’s a second story by Matt Taibbi that should boggle everyone’s mind. If you were caught working with Mexican drug cartels and organizations linked to al-Qaeda, Iran, North Korea, etc, in the “largest drug-and terrorism money-laundering case ever,” you would … Continue reading

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First, the Bad News……

BPR Quote of the Day: “So what exactly did the bailout accomplish? It built a banking system that discriminates against community banks, makes Too Big to Fail banks even Too Bigger to Failier, increases risk, discourages sound business lending and … Continue reading

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It’s Time to Choose: Democracy or Plutocracy?

By Arlen Grossman/ The Big Picture Report The ease with which Harry Reid capitulated to Mitch McConnell on filibuster reform has me worried about a lot of things concerning the Democratic Party, in particular the elections in 2014 and beyond. … Continue reading

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Iceland Got It Right

From Al Jazeera English:  Iceland President Olafur Ragnar Grimsson tells Al Jazeera’s Stephen Cole that Europe should let banks that are ran “irresponsibly” go bankrupt. Speaking at the annual World Economic Forum in Davos, Grimsson also held his country as … Continue reading

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That Was Easy

BPR Quote of the Day: “The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.” Alan Greenspan  (8-7-2011)

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How the Elite Rule

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WHAT CRISIS? JUST PRINT MORE MONEY

No, The United States Will Not Go Into A Debt Crisis, Not Now, Not Ever By Pascal-Emmanuel Gobry/ Forbes/ October 19, 2012 (If you read the headline and thought “Well, yeah”–feel free to skip this post.) If there’s one article … Continue reading

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Bygone Era

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Perpetual Ponzi Scheme

SECRETS AND LIES OF THE BAILOUT The federal rescue of Wall Street didn’t fix the economy – it created a permanent bailout state based on a Ponzi-like confidence scheme. And the worst may be yet to come By Matt Taibbi/ … Continue reading

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