President Obama, Listen to Porter Stansberry’s Plan for Eliminating the Trade Deficit.
Source: Karen Roche of The Energy Report (12/13/12)
Porter Stansberry doesn’t mince words. Politicians? Scumbags. People in general? Lazy. Laws against oil exports? Disastrous. In this interview with The Energy Report, the Stansberry & Associates Investment Research founder argues that oil exports could usher in an era of unprecedented prosperity, if legislation would only allow it. However, he says there’s [...]
by ZH
While Angelo Mozilo is working on his tan and pretending he did not engage in blatant 10(b)-5 fraud for years and years. Oh well, justice is served. Don’t look for the Gerson Lehrman IPO any times soon.
RAJARATNAM GETS 132 MONTH PRISON TERM FOR INSIDER TRADING. – BBG
From Reuters:
“Raj Rajaratnam, a self-made hedge fund tycoon convicted in the biggest Wall Street trading scandal in a generation, was [...]
“The key to understanding the current situation is to understand that house prices, jobs, wages, and pensions in the US are all being attacked with original-issue debt dollar junk.
This will continue until the middle class has been completely wiped out.â€
Can you elaborate on this, please?
Yes, it’s a Financial Holocaust. It is designed to destroy the American middle-class. We face an original-issue deflation, if you will. It is as if Michael [...]
Although it has NEVER been reported by the press, things are turning out like many of us tin foil conspiracy nuts figured they would turn out; the big failed banks, using money forced out of the taxpayers’ hands, are buying up all the other banks. Yes, the bankster controlled USG has moved beyond corporatism, and has evolved into [...]
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