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Mac Slavo
Well, we’re here. Election night 2012 – arguably “the most important election of our lifetime,” as many pundits would say. There’s nothing we can write, no argument we can make… It’s in the hands of the American people now (or the attorneys and the courts tomorrow). You can follow the election Live on any of your favorite mainstream channels. For those interested in some alternative viewpoints, tune in live to Infowars 2012 [...] Paul Craig Roberts & Nomi Prins According to news reports, UK banks fixed the London interbank borrowing rate (Libor) with the complicity of the Bank of England (UK central bank) at a low rate in order to obtain a cheap borrowing cost. The way this scandal is playing out is that the banks benefitted from borrowing at these low rates. Whereas this is true, it also strikes us [...] From Nomi Prins, former Managing Director at Goldman Sachs and aithor of It Takes A Pillage My Statement Regarding Greg Smith’s Goldman Resignation Today, I have received dozens of media requests and hundreds of emails regarding former Goldman Sachs executive, Greg Smith’s gutsy, and internationally resonating, public resignation. I applaud Smith’s decision to bring the nature of Goldman’s profit-making strategies to the forefront of the global population’s discourse, as so many others have been doing through [...] Uploaded by TheAlyonaShow on Feb 13, 2012 While US lawmakers debate as to whether or not austerity is the right path to take, in Greece, the decision has been made. In order to secure a second bailout of over at least 130 billion Euros, the Greek Parliament this weekend passed a series of strict austerity measures. And Greece has reacted with massive protests and riots. Capital Account’s Demetri Kofinas and Nomi Prins author [...] From Bloomberg: In an interview at Bloomberg world headquarters in New York, we discussed the past and future of the financial system and the mistakes policy makers are repeating. Onaran: Why did you go for fiction this time? Prins: In nonfiction, you don’t have the ability to dig into the emotional impact on people of financial disasters. You can talk about statistics, but that doesn’t do it justice. I wanted to explore the [...] by Nomi Prins Jon Corzine, MF Global, and Unaccountability In April 2007, former New Jersey governor, ‘honorable’, Jon Corzine had an altercation with a Garden State Parkway guardrail. A year later, he addressed a bevy of reporters at the swanky Drumthwacket mansion and expressed appreciation for “family, friends, and the fragility of life.” During his recovery period, he advocated seatbelt safety, before returning to New Jersey’s budget, extracting $500 million in austerity measures [...]
Nomi Prins, former Goldman Sachs Managing Partner has burst on the scene in exposing the rampant fraud at her former employer. by Nomi Prins Jamie Dimon’s Shameful Spouting about ‘anti-American’ Basel III regulations There are few things more cringe-inducing than a government-subsidized bank CEO spouting self-serving, entitlement-laden idiocy to the world just because he and his bank might be subject to some extra constraints. That hasn’t stopped JPM Chase CEO Jamie Dimon from acting like a spoiled, sociopathic brat while characterizing proposed [...] by Nomi Prins Obama’s Speech, His Banks, Our Jobs Before tomorrow’s 2012 pre-election speech in which President Obama’s vocal elocution will be earnest, and results – to put it mildly – tepid, about about how he could create jobs dammit, if only the Republicans would behave, it’s interesting to note who’s supporting Obama keep his job. A cursory look at the early stages of [...] by Nomi Prins Obama’s Speech, His Banks, Our Jobs Before tomorrow’s 2012 pre-election speech in which President Obama’s vocal elocution will be earnest, and results – to put it mildly – tepid, about about how he could create jobs dammit, if only the Republicans would behave, it’s interesting to note who’s supporting Obama keep his job. A cursory look at the early stages of his campaign fundraising reveals that the same group [...] by Nomi Prins The Global Economy Burns, While its Leaders Fiddle China is by no means a panacea of economic equality or perfect policy. It has a fast growing portion of billionaires and accounts for nearly a third of the world’s luxury goods consumption, while its per capita GDP ranks 125th globally, and 2.8% of Chinese live below the poverty line (according to ‘official’ stats). In contrast, the US [...] by Nomi Prins Captain Obvious (S&P) vs. Captain Oblivious (Tim Geithner) Last week, President Obama driveled on about nothing of consequence in his budget speech. Yeah, he said he’d push to roll back tax cuts for the wealthy and close some off-shore corporate tax loopholes, but he’s said both (many times) before and neither happened, so in terms of revenue enhancement, it’s a non-starter. Today, S&P – that [...] |
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