Apr 28 2010
The Synthetic Recovery – Wall Street banking success dependent on destroying the productive sectors of our economy.
I’m certain that many of you are taking a glimpse at the bread and circus Goldman Sachs hearings. At one point in the hearings, an attempt to define derivatives came up. Yet when the Goldman bankers tired explaining their derivative bets, it came out as contempt for the public and representatives. They rather not explain [...]
Dec 2 2009
The Corporatocracy: A New Economic System for the Connected Banking Sector and Political Elites. Providing the new Serfdom Massive Debt Servitude.
The typical American family is struggling with the current recession and is having a hard time pinpointing the nexus of the problem. Some try to argue the failures of capitalism but our current system is more of a corporatocracy. A system designed for the few by the few. Even Adam Smith argued that society would [...]