Blame Them Shorts, You Morons!
Do you ever wonder, the western press was quick to brand debt trouble faced by Malaysia, Thailand and Indonesia in 1997 as “Asian contagion” as if it were...
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New York Mag: Obama’s Original Sin
“The president’s failure to demand a reckoning from the moneyed interests who brought the economy down has cursed his first term, and could prevent a second.” This is a...
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Barry Ritholtz: Not the Greeks, But Their Creditors Get Bailed Out
Says Barry: Ahhh, the Greeks! Long considered the cradle of Western civilization, Greece is the birthplace of democracy, the founders of Western philosophical thought....
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HFT Algos at it Again?
Predictions of crashes have little credibility with me. However, this one has some credibility. Zero-Hedge’s Tyler Durden (not his real name) thinks that a...
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Greek Austerity Now: Bankster Cartel’s Another Victory Over the People
Once again, the bankster cartel wins. The Greek Parliament just voted for more austerity measures. Don’t get me wrong, austerity is a good thing. It should be...
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What Brings a Revolution? Can it Happen in US?
I began writing this piece In February 2011, during the revolution in Egypt. Everybody who is following the current turmoil in Greece or who had even peripherally...
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