Archives for: wall street
Systemic banking fraud means next crisis will be worse
by Mitch Feierstein about 6 years 1 week ago
Henry Paulson. Hank. Remember him? Of the crisis in 2008, he said: “Where I come from, if someone takes a risk and they’re going to make the profit from that risk, they shouldn’t have the taxpayer pay for the losses.” Quite the wisdom one expects from the 74th U.S. Secretary of the Treasury. Yet, as […]
Bureau of Labor Statistics: Understanding the swamp’s unemployment numbers
by Mitch Feierstein about 6 years 1 month ago
For the past few decades, Congress has failed to take responsibility for its bevy of problems, and its unshining example tends to corrupt all our other national institutions. I strongly see the need for a full and open inquiry into Hillary’s illegal server, Clinton’s leaking of top secret documents, the pay-to-play Clinton Foundation, the […]
Wall Streets Latest Dirty Little Secret – The Fix Is In
by Mitch Feierstein about 8 years 3 months ago
At yet another select committee recently – they’ve been doing a good job – Vince Cable was grilled about the huge leap in the Royal Mail’s stock market value. As you’ll remember, the firm was floated at 330p a share and traded as high as 600p in November, a rise of 82% in a few […]
by Mitch Feierstein about 10 years 9 months ago
On the first day of Christmas, my country gave to me A debt bigger than GDP Yep, that’s right. US Public debt stands at more than 100% of GDP. The last time debt was this high, we were fighting a World War across two continents and building a peaceful prosperous world, whose basic shape […]
Yeah, we know. Food’s expensive. Gas is expensive. You can’t even remember when you last had a wage rise. The job market is dire. But Planet Ponzi is all about taking positive action to help yourself, no matter what conditions are like. So here’s our formula for success – one pioneered by Nancy Pelosi, though […]