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Banker’s “Justice”

WASHINGTON – In recent testimony before the Senate Judiciary Committee, Attorney General Eric Holder admitted that major Wall Street banks are “too big” to prosecute. Now it has been revealed that the...

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USDA Inflates a Bubble

WASHINGTON – Six years ago, the national housing bubble collapsed, eventually taking down much of Wall Street with it and leading to the ongoing taxpayer bailout. Now an effort is underway to...

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The Wages of “Public Service”

ALAMEDA, California – Susan Maranishi, administrator of California’s Alameda County, doesn’t work on Wall Street, but she pulls down a Wall Street-sized salary. Her annual compensation, including...

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The End of “Peak Oil” theory?

NEW YORK – Have we seen the end of the “peak oil” theory? Wall Street commodities analysts seem to think so. That theory postulates that oil production will soon peak and then rapidly decline, sending...

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Legendary Investor: Get Your Money Out Now!

NEW YORK – Legendary commodities trader Jim Rogers says the time has come for investors to “head for the hills.” Speaking on CNBC’s “Squawk on the Street” program, Rogers said that the confiscation of...

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Federal Reserve Teaching Kids to Save Money

CHICAGO — When the Federal Reserve System was created a century ago, its public mandate was to preserve the soundness of the US dollar. Since that time, the dollar – which has been a purely fiat, or...

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Obama Administration Re-Inflating Housing Bubble

WASHINGTON – During his first term, former President George W. Bush pressured banks into extending mortgage loans to marginal or even unqualified borrowers. This happened near the end of a real estate...

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Who created the global financial crisis?

Hello, I have the right to republish the article that appeared on Contraditorio’s (a Portugese free-market think-tank) site– http://www.contraditorio.pt/artigo.php?id=3271 and also on...

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