The rise of the meta-criminal Is the NSA manipulating the stock market? Trevor Timm of the Electronic Freedom Frontier dug up a very interesting nugget. It was embedded in the heralded December 2013 White House task force report on spying and snooping. Under Recommendations, #31, section 2, he found this: “Governments should not use their offensive Read More…
Economy
US Federal Court: Private Lawsuit Could Bring 16 Of The World’s Largest Criminal Banks To Their Knees
In 2007, more than a dozen of the world’s largest banks colluded to deliberately depress the rate at which they paid out on investments. This rate is known as the London Interbank Offered Rate (LIBOR), which is the average of interest rates estimated by each of the leading banks in London that it would be charged Read More…
So, You Thought Bank of America Would be Punished for Role in 2008 Crisis? Think Again
In a reversal of the smidgen of accountability forced on Bank of America for its role in the 2008 financial crisis, a U.S. appeals court threw out a jury’s verdict — and with it, the $1.27 billion fine BoA would have paid for mortgage fraud. Though the Department of Justice had alleged Countrywide Financial Corp., Read More…
The Facts Show These Five Families Rule the World
As you begin to understand world governments don’t have your best interests in mind — that enemies of the State could more aptly be called enemies of the globe’s corporate and banking elite — power comes sharply into focus. Those who actually hold the power control the world’s economies, and it’s clear the fates of Read More…
The US War Machine’s Annual Budget Could Buy Every Homeless American a $1 Million Home
Washington, D.C. – In 2015, the United States spent more on its war machine than the next six countries combined, with a total of $596 billion spent on military expenditures. This week the U.S. House of Representatives passed its version of the annual National Defense Authorization Act (NDAA), with roughly $602 billion slated to be spent Read More…
The Big Boys Of Finance Shorting The Market And Moving Into Gold
As we at The Last American Vagabond have covered many times, the stock market is extremely overvalued, incredibly risky, and could crash at anytime. Most people have seen The Big Short and think that 2008 was an isolated incident, yet have no idea that the current economic standing of the world is in a very similar position. Read More…