1-10 of 130 Hubssort by Hot Best Latest
76Art Laffer and the Germans Don't Know What Caused the Credit Crisis?
Art Laffer was on Kudlow today (January 31st, 2012) and amazingly said that the housing crash, which occured in many European countries and in the United States, didn't cause the budget deficits. This guy is the financial guru of the Republican...
2 comments80My Email Reveals Bank Insolvency and Hot Money Speculation
My friend sent me this email: "Have you heard that Obama wants to bundle foreclosed homes in 50 homes per lot and sell them cheaply to high-rolling bidders? Americans will have to pay taxes to make up for bank losses. Another fiasco in the...
0 comments71The Bankers Want a Taxpayer Bailout: Worse Than Lender of Last Resort
The problem with the Eurozone is that a little known administration, the IIF, or the Institution of International Finance, has refused to allow bondholders of PIIGS nations, mostly the Euro banks, to take a haircut on the value of those bonds. It is...
8 comments70Thanks to the UK Big Bang, Hedge Funds Are the Vehicle for Hot Money
The Big Bang of economic deregulation, which occurred in the City of London in 1986, brought major investment banks from the US and Europe into the British economy, The old UK brokerage houses were snapped up and put out to pasture.. The City of...
6 comments69The Libertarians Have It Backwards: Liquidity is Good but Speculation Is Bad
With the bailout of the Eurozone by the central banks, Fed included, liquidity is supplied by the central banks to the big European banks. That is the good part, as long as the assets the Fed gets back, held to maturity, are paying a reasonable...
22 comments78A "Pox" on Ayn Rand's Philosophy and on the Banker Cartel
I will show that a "pox on the house of Objectivism and libertarianism is justified as well as a "pox" on the too big to fail banks that have become more powerful than the nations. But first, I would like to introduce the philosophy of Objectivism...
10 comments77Libertarianism: Just a Smoke Screen for Avarice and Racism?
Spontaneous order is one of two major assumptions in Libertarian thought. The other is the necessity of voluntary relationships. The two are closely related and make assumptions that are simply not true. These assumptions lead to outright lies. ...
27 comments62Government Gift Cards!
The United States government refuses to issue a dime to main street, because the money last issued was stimulus unrewarded. The money went into savings or to pay down debt. Paying down debt does nothing to stimulate the economy down on main street....
13 comments71Occupy Wall Street: the Banks Cost More than Just TARP
I hope the Occupy Wall Street movement would understand that the TBTF banks cost American taxpayers a lot more than just the cost of TARP. Erin Burnett had embarrassed herself by going to the OWS site claiming that the banks had pretty much paid...
13 comments76Does Zillow Want People to Leave Multi Generational Housing?
Stan Humphries is chief economist of Zillow.com., the real estate listing service that recently went public on the stock exchange. He is literally gushing in his desire to get people move out of their multi generational housing arrangements which...
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