Wealth Abuse

Bud Conrad, Chief Economist After World War II, the dollar became the world’s preeminent currency. Convertible to gold at $35 an ounce, it was the backbone of international trade. Foreign central banks used it to […]

By The Automatic Earth   Arthur Rothstein Planting beans near Belle Glade, Florida January 1937QE Is A Fraud Perpetrated By Made Men A lot of words are being spent again these days on deflation and […]

by James Howard Kunstler The wonder is that more Americans are not ticked off about the state of our country than whatever is happening ten thousand miles away. For instance, how come the US Department […]

“The few who understand the system will either be so interested from its profits, or so dependent on its favors that there will be no opposition from that class.” -Rothschild Brothers of London, 1863 The […]

Taibbi discusses his new book, “The Divide: American Injustice in the Age of the Wealth Gap.” April 15, 2014  | AMY GOODMAN: Earlier this month, attorney James Kidney, who was retiring from the Securities and […]

By Martin Kirk The thing about “international development” is that it’s a bit of a murky, catch-all term. It’s got a good feel to it – if you’re involved in international development, you’re more often […]

By Pam Martens New York Stock Exchange The fallout from the new book, “Flash Boys” by Michael Lewis continues. Yesterday, Jonathon Trugman wrote in the New York Post that “These traders who use the HOV […]

Submitted by Tyler Durden Yesterday, we read with some amusement that Goldman has moved Guy Saidenberg, reportedly one of the greater profit centers at the firm – and how could he not be when he […]

By Andre Damon Last week, Bank of America became the latest major financial institution to announce a multi-billion-dollar settlement with US regulators of charges related to the 2008 financial meltdown. In a settlement worked out […]

An argument its dominance is in decline by Charles Hugh Smith Though the mainstream financial media and the blogosphere differ radically on their forecasts—the MFM sees near-zero systemic risk while the alternative media sees a […]