TYReads “the capitalist network that runs the world”

Revealed – the capitalist network that runs the world @ New Scientist "An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy." "The idea that a few bankers control a large chunk of the global economy might not seem like news … Continue reading TYReads “the capitalist network that runs the world”

Bitcoin a virtual currency that defies the NWO

Bitcoin the emerging monetary phenomenon created by a pseudonymous Satoshi Nakamoto in 2009 is no longer a joke, but a potential real threat to the neofeudal NWO whose visible components are the western Central Banks, from the Federal Reserve (FED) , to the European Central Bank (ECB), to the Bank of Japan (BoJ), to the … Continue reading Bitcoin a virtual currency that defies the NWO

Back to Mesopotamia by the way of Cyprus

In Back to Mesopotamia? a now prescient report by the Boston Consulting Group (BCG) published in September 2011 it was argued that, while inflation is the unstated and preferred "solution" to the present debt crisis in the western societies, for a variety of reasons, among them the deleveraging pressure, low demand for credit and potential … Continue reading Back to Mesopotamia by the way of Cyprus

“…too big to fail has become too big for trial”

USA Senator Elizabeth Warren  at her first Senate banking committee hearing: "...tell me a little bit about the last time you've taken the biggest financial institutions on Wall Street all the way to trial. Anybody?" Check the answers in the video. "You know, I just want to note on this. There are district attorneys and U.S. attorneys … Continue reading “…too big to fail has become too big for trial”

TYR 14 January 2013 reads: The Neoliberal Financial Skim

The Neoliberal Financial Skim @ Of Two Minds describes in 5 simple graphs how "the perfection of the Neoliberal order is a parasitic financial sector protected by the Central Bank and State". And how "the Central Bank and State protect the financial sector's vast skim of the national income with a combination of toothless regulations and … Continue reading TYR 14 January 2013 reads: The Neoliberal Financial Skim

“They were too big to fail in 2008, they were too big to jail in 2009”

Bill Moyers interviews Neal Barofsky former Special Inspector General in charge of policing TARP (SIGTARP). Mr. Barofsky speaks with clarity about the roots of the present financial crisis, on why nobody has been prosecuted in Wall Street, on why another crash is inevitable, on why “playing ball with Wall Street” is the way to go if … Continue reading “They were too big to fail in 2008, they were too big to jail in 2009”