So Much That’s False and Nutty
As reported in The New York Times of May 5, Warren Buffett told the crowd at this year’s Berkshire Hathaway annual meeting: There is so much that’s false and nutty in modern investing practice and modern investment banking. If you just reduced the nonsense, that’s a goal you should reasonably hope for.
As we look back at the causes of the crisis approaching its second anniversary – and ahead to how investors might conduct themselves better in the future – (…)
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So Much That’s False and Nutty
9 July 2009 par (Open-Publishing)
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The American Empire Is Bankrupt
8 July 2009 par (Open-Publishing)
By Chris Hedges
This week marks the end of the dollar’s reign as the world’s reserve currency. It marks the start of a terrible period of economic and political decline in the United States. And it signals the last gasp of the American imperium. That’s over. It is not coming back. And what is to come will be very, very painful.
Barack Obama, and the criminal class on Wall Street, aided by a corporate media that continues to peddle fatuous gossip and trash talk as news while we endure the (…) -
The Zionist Gang that Bankrupted General Motors
1 July 2009 par (Open-Publishing)
The Zionist Gang that Bankrupted General Motors by Christopher Bollyn
General Motors did not fall due to natural forces. Like the twin towers on 9-11, GM was taken down. Like 9-11, GM was sabotaged from the inside. The corporate raiders who took down GM are part of the same network of Jewish Zionists who brought down the World Trade Center.
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In 2007, GM led in global production and U.S. market share. Graphics from Wikinvest.
Globally, GM sold 9.4 million cars and trucks in (…) -
Thirty Days in the New America
1 July 2009 par (Open-Publishing)
6 commentsBy David Glenn Cox
I write with both anger and frustration at a people so insolated and conditioned like Pavlov’s dog that they have lost the ability to feel, to empathize with their fellow man. We had another murder-suicide here in Atlanta so I went to my browser and typed in Murder-Suicide. Out of the over seven million links, I put together a list for the past 30 days. Jun 30, 2009 Newport News couple in murder, suicide identified
Jun 30, 2009 A murder-suicide attempt by an Upper (…) -
Spare Parts
25 June 2009 par (Open-Publishing)
By David Glenn Cox
There are few people in this world that I wish hard tidings upon, some, but few just the same. Generally they fall into three categories. The first are the media rich who offer us suggestions as to how to climb to their lofty level without having wealthy birth parents. They are, for the most part, full of it! “Max out your 401K contributions every year and start a medical savings account. Don’t buy that new car every year; keep it for two or even three years, then use (…) -
The Ghosts of Detroit (Part 2)
24 June 2009 par (Open-Publishing)
1 commentThe Ghosts of Detroit (Part 2) By David Glenn Cox
It was Durant who invented the modern car company, different models in different price ranges with different features all made with basically the same parts. The problem was Durant was a victim of his own success, he kept on buying more and more suppliers and car companies that added little to the GM line up. He bought thirteen different car companies and ten parts companies and then the sales began to slump. GM would need $12 million to (…) -
The Ghosts of Detroit
23 June 2009 par (Open-Publishing)
By David Glenn Cox
For the most part they have been forgotten; they are just empty, vacant memories like the empty, dilapidated homes which line her once proud streets. It was a land once ruled over by giants, captains of industry and labor and political thought.
Of course, some remember the obvious ones, Ford or Durant. Yet there were so many more who, by their brains and backs, created out of thin air an economic powerhouse unrivalled anywhere in the world. Young Mr. Ford was a (…) -
China sells US bonds to ’show concern’
19 June 2009 par (Open-Publishing)
China sells US bonds to ’show concern’
BEIJING (AFP) — A decision by China to reduce its US Treasury holdings suggests concern about the US attitude towards its economic woes, Chinese economists were quoted as saying in state media Wednesday.
The remarks, coming after US data showed a modest decline in Chinese investments in US government bonds, were in contrast to an earlier statement in Beijing which had said the recent sell-off was a routine transaction.
"China is implying to the (…) -
Mystery surrounding 134.5 “fake” billion US dollars seized in Ponte Chiasso remains
19 June 2009 par (Open-Publishing)
5 commentsAfter two weeks a US Treasury official says securities were fakes. Italy’s financial police is silent. The case is still baffling and full of discrepancies.
06/18/2009 18:07 ASIA – ITALY
Milan (AsiaNews) – US government bonds seized by Italy’s financial police (Guardia di Finanza) at Ponte Chiasso, an the Italian town on the border with Switzerland, are “clearly fakes,” Stephen Meyerhardt, spokesman for the US Bureau of the Public Debt, is quoted as saying in a news report by the (…) -
Financial Food Poisoning and the War on Farmers: Where’s a good movie director when you need one?
17 June 2009 par (Open-Publishing)
There’s a war going on. It’s happening mostly behind the scenes, at the desks of a coven of crooked bureaucrats and banksters nationwide. If you thought the bank bail out ate a hole in your pocket, watch what the banksters, unindicted bureaucrats and land thieves are doing to the nation’s farmers and to the security of your food supply.
The ongoing thievery in the banking, insurance and real estate industry has ripped the heart out of the economy. As the result of organized financial (…)