Editorial

NY State Accuses Bank of Years of Illegal Transactions With Iran- It’s Time To Fire The Toothless Feds

NY State is seeking to revoke the banking license of UK bank, Standard Chartered, for a long running conspiracy to do business with Iran and hide it in violation of US law. Thwarting controls against money laundering, Standard Chartered Bank enabled Iranian banks and corporations to hide roughly 60,000 transactions worth at least $250 billion…

Why are Harvard Conomists (or any Think Tankers) Paid So Much?

Harvard conomists are some of the highest paid “professionals” on earth. I guess it’s because they can spew deliberately useless crap like this piece of shit from back at the end of the housing bubble– The Nations Housing – 2006– thanks to the big fat checks they get from the industry mafiosi who pay them. The publisher…

ZIRP Bernankecide compounds problem of Baby Boomers losing inheritance, going broke supporting destitute parents- Video

For a 61 year old contributing to the support of a mother with Alzheimers, whose savings have been wiped out earlier than expected by ZIRP Bernankecide, the piece below from the WSJ hit home. What the article does not mention, not once, is the role that ZIRP Bernakecide plays in this unfolding catastrophe. The WSJ…