Collapse At Hand
Dr. Paul Craig Roberts Ever since the beginning of the financial crisis and quantitative easing, the question has been before us: How can the Federal Reserve maintain zero interest rates for banks and negative real interest rates for savers and bond… more »
'Our imperative is to promote growth and jobs,' G-8 Leaders
By Michael Collins So, now it's an imperative to "promote growth." The joint statement (full text after the jump) from the G-8 meeting in Chicago documents the utter failure of the very leaders who issued it. Were they capable leaders with the least… more »
The Dow at 1000? Regime Change for the Stock Market
By Numerian Wall Street cannot see that a regime change has come to the markets, one in which corporations will be increasingly on the defensive, hounded by governments everywhere looking to raise tax revenue, and assaulted by a permanent buyers strike… more »
What to do About the Banks
Those who should be leading this country, and contributing to its development, have spent the past 25 years joining the parade of looters and predators who have found ways to extract wealth from the middle class and the poor in this country. Numerian By… more »
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