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~ Quotables ~ "There is no clean way to make a hundred million bucks. Somewhere along the line guys got pushed to the wall, nice little businesses got the ground cut out from under them. Decent people lost their jobs. Big money is big power, and big power gets used wrong. It's the system."~ Raymond Chandler, The Long Goodbye
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Category Archives: The Mine or the Shaft
If this economic climate feels familiar to you, that’s because we have been here before… The examination the historical red flags that preceded crises dating back to the Roman Empire. You’ve got to stand back and not bury your head … Continue reading
I believe the guy getting held-up, is a working man on his way home… The other two guys are the Banksters!
Wealth inequality has become a major talking point for those primarily on the Left who are vehemently against capitalism. Often espoused by leftist professors, lawmakers, and think tanks, the increasing disparity in wealth among Americans has been a growing concern. … Continue reading
What does it take to break the global financial system? Well, we obviously know what it takes since the system is already broken. Broken by debts, broken by deficits, broken by a fractured financial system, and broken by false markets … Continue reading
All things, both good and evil, come to an end. So it will be with the great silver price manipulation… All things, both good and evil, come to an end. So it will be with the great silver price manipulation, … Continue reading
Always and again the magic of money presents us with problems. These problems change constantly. Time after tiine experience teaches us that there is no universally-valid system by means of which monetary problems may be solved. Every new situation demands … Continue reading
In a sign that the Federal Reserve is growing increasingly desperate to jump-start the economy, the Fed’s Secondary Market Credit Facility has begun purchasing individual corporate bonds. The Secondary Market Credit Facility was created by Congress as part of a … Continue reading
The worst has yet to come for the real estate market as home-mortgage delinquencies surged to their highest level in nine years as the virus-induced economic downturn continues to crush household finances. Property research firm Black Knight Inc. reports total … Continue reading