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Who is Buying US Bonds?

There is only one country that has bought massive long-term U.S. bonds in July and that was Japan. They bought the incredible amount of long-term bonds totaling $52...

JP Morgan to Pay $800 million fine

J.P. Morgan will pay a record fine with cheap central bank money in connection with the scandal of the “London Whale” J.P. Morgan must pay at least $...

France wants Germany to Pay Its Unemployment Costs – When will this End

The French Finance Minister Pierre Moscovici wants a common European unemployment insurance to be established. The French have difficulties to cover the high cost...

Summer’s Withdrawal – No Surprise

QUESTION: You said all along Yellen would be in. Why? ANSWER: The markets have cheered the news that Larry Summers would not replace outgoing Fed Chairman Ben...

Obama Repeals Law Against Funding Terrorists For Himself

  Obama has waived the ban on arming terrorists to allow aid to Syrian opposition. How much money has been confiscated in the USA for allegations of funding...

Government – Designed by Geniuses – Run by Morons

We cannot escape the fact that people have lost their faith in government. The latest polls show the approval rating of the US Congress has fallen to 11%. When the...

Anti-Union Propaganda

COMMENT:  “You should stop this anti-union propaganda nonsense. Before unions, children used to work in dangerous factories at 12 years old and their fathers...

Changing the Culture of NY Investment/Commercial Bankers

Far too often we quickly forget history – even recent events of just a few years ago. It was on April 27, 2010 during the Senate’s permanent subcommittee...

Poland Protesting Unemployment

The unemployment among the youth is a major issue as to how the system is collapsing. Politicians do not grasp that taxes reduce spending that reduces economic...

California – Tax Man Cometh – As Always Their Mistake You Still Pay

California small business owners and investors are facing $120 million in back taxes after a 20-year-old tax exemption was struck down by an appeals court last...