Author Archives
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The Martens: Why the financial markets are broken – extreme corruption at the top.
“The pint-sized Carmen Segarra had the guts to sneak a tiny tape recorder into the New York Fed to blow the whistle on the crony relationship between the Federal Reserve Bank of New York and Goldman Sachs. Segarra was an… Read More ›
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TSP Smart: The Predators’ Protectors
Apparently, a proven background in preying on average Americans is now a prerequisite for getting a job as a Wall Street regulator.
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Smart Bird: The Other Deep State
It’s not the Left or the Right. It’s the Top versus the Bottom 99%.
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Smart Bird: Serial Felons run our Financial System
Smart Bird comment: This should be the number one debate topic today, but it is ignored by politicians and the media. The simple story is made complicated by the industry and the media. The simple story is we have felons running our financial system and they continue to get away with with merely slaps on the wrist.
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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.