Author Archives
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Wall Street… evading US rules again
Without the restoration of the Glass-Steagall Act, Wall Street’s wealth transfer system, that plunders the 99 percent in service to the 1 percent, will continue humming along.
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Financial Markets Trump the Economy
Why did the Fed do that? Because the largest deposit-taking banks in America are now also the largest trading houses, thanks to the repeal of the Glass-Steagall Act in 1999…
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The Fed Rides to the Rescue of JPMorgan and Citi Again
I’m getting sick of this. They can get away with it because few understand what is going on and there are so many distractions. From wealth transfer to wealth preservation for the few while the many fall back, again. Excerpt… Read More ›
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TSP Smart: Watch US corruption at the highest level potentially unfolding to protect Goldman Sachs… again
Three of the top men at the U.S. Department of Justice who have been involved in negotiations as to whether Goldman Sachs, for the first time in its history, will be charged with a criminal felony and hit with a multi-billion dollar fine, received large sums of money from the law firm defending Goldman Sachs in the criminal case.
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TSP Smart: Looting on Wallstreet
Central Bank buying equities via the stock market does not help corporations, it merely protects the paper wealth of mostly the upper 10%. And that is the point of most of these programs.
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These Are the Banks that Own the New York Fed and Its Money Button
The New York Fed has now pumped out upwards of $3 trillion in a period of 63 days to unnamed trading houses on Wall Street to ease a liquidity crisis that has yet to be credibly explained.