Yep, he’s headed out the door. Click here.
Could be more disruptive than a Merkel loss in Germany for the fall-winter-spring…..very interesting.
Yep, he’s headed out the door. Click here.
Could be more disruptive than a Merkel loss in Germany for the fall-winter-spring…..very interesting.
Glenn Greenwald did another great interview on Bill Moyers. This time on the high cost of government secrecy.
Click here. Excellent interview.
Everything is rigged.
Matt Taibbi, of Rolling Stone, the only main stream press outlet doing any real reporting on the major financial scandals of the last 6 years. Once again he shares the latest scandal….fixing interest rate swaps. As big or bigger than LIBOR.
So, groovygirl’s question is the same with the LIBOR question. Are they still doing this? And when they were, how did they effect the market? Less or more volatility, just timing? Higher or lower prices? If they should stop, how would the market act?
Click here for Martin Armstrong’s latest blog post entitled The Market and Cycles dated April 25, 2013. Good one.
Gerald Celente had a great interview on KWN yesterday. His new trends report is out. KWN blog post here.
About the Boston Bombing:
Well, there are a lot of elements to it, and of course it was a tragedy. But there is also another tragedy that’s not being talked about, and that is that they effectively declared Martial Law.
Groovygirl thought the exact same thing watching the TV news last Friday. And then, when the suspect was caught, people cheered. There is absolutely nothing, nothing, about this bombing, 10,000 armed manhunt, martial law, shut down of a major city, and the final capture that needs cheering. It is all, from beginning to end….very scary. The values of the culture and society that created the bombing and the militant reaction, both are disturbing. And both will seal the fate of the society that produced them.
So as societies breakdown you are going to see more and more Martial Law put in place to keep the people in place.This is unprecedented, and it’s not making the news. There is barely any outrage, barely any protests about what happened.
Groovygirl particularly liked Jesse’s quote of the day yesterday. So very true.
“Every dictatorship has ultimately strangled in the web of repression it wove for its people, making mistakes that could not be corrected because criticism was prohibited.”
Robert F. Kennedy
We can extend this concept to every aspect of business, society, and life. When negative feed back loops are cut-off, like putting AAA ratings on sub-prime lending (with full compliance of the rating agencies) and moving derivative bets off the balance sheet (with full compliance of private and public regulators), whole industries dig their own graves.