With breathtaking clarity, renowned University of Massachusetts Economics Professor Richard Wolff breaks down the root causes of today’s economic crisis, showing how it was decades in the making and in fact reflects seismic failures within the structures of American-style capitalism itself. Wolff traces the source of the economic crisis to the 1970s, when wages began [...]
» read more
The Telegraph brings a story on how a Failure to save East Europe will lead to worldwide meltdown: The unfolding debt drama in Russia, Ukraine, and the EU states of Eastern Europe has reached acute danger point.
In addition to that we have that interview with George Celente, founder of the Trend Research Foundation, which [...]
» read more
I am done with our economic order. Its not like we didnt know all a long that the game is rigged, but how they are ripping us off right now, without even hiding it anymore…..Arrghhh it fucking pisses me off to see these dandy bankers fear-mongering and blackmailing the governments with their “bail us out, [...]
» read more
After we all know how money is actually created from the documentary Money as debt, found earlier on splittingtimes, here it is in a more compressed version from someone else:
» read more
… naay, just because Henry Paulson is the former CEO of Goldman Sachs and now leader of U.S. government economic bailout efforts of 2008 giving this very bank billions and billions… c’mon.
Video:
» read more
..eerrm by weight i mean money. Here is a nice infographic from the Wallstreet Journal showing the awesomeness of lossing of 1.8 Trillion dollar.
» read more
I was really surprised about the news on Monday after the Monetary System Posts. These are the Headlines at spiegel.de:
Die nächste US-Investmentbank in der Krise: Der Quartalsgewinn von Goldman Sachs ist um 71 Prozent eingebrochen. Die deutsche Börse reagierte schnell auf diese miese Bilanz – der Dax sackte unmittelbar nach Bekanntgabe der Zahlen ab
Haushaltsdebatte: Steinbrück [...]
» read more
Part I set a good ground for this piece of material here. Aaron Russo’s documentary about the Income Tax fraud in the US and how the IRS is chasing people. Thats maybe not the most interesting part, so go straight into 57:11 min to get to know, whats the real deal
Funny how the “Communist [...]
» read more
This is the extra push over the cliff: Interview with the late Aaron Russo before he died. The interesting revelations start around 15 min into the video.
During the interview the communists are opposed by the “free individual” .
» read more