Two days after democratic senators Elizabeth Warren and Tammy Baldwin sent a letter to Goldman CEO Lloyd Blankfein, asking if Goldman effectively runs the country through its extensive alumni links at the Trump administration, and requesting details on “lobbying” activities in the bank related to review of the Dodd-Frank Act and the Obama-era fiduciary rule Read More…
Tag: finance
Dow 20,000! What Could Go Wrong?!!
Congratulations, America! The Dow Jones Industrial Average has just rolled past 20,000 for the first time ever! Let the fireworks fly, because the ticker tape parade is about to begin! The Trump administration, wasting no time in chalking this up to “the Trump effect,” celebrated. Asian markets, which lifted as much as 1.8% on the Read More…
Actually, Goldman Sachs ‘Hacked’ the Presidential Election
As the media continues to parrot American intelligence agencies’ as-of-yet unsubstantiated claims that Russia hacked the U.S. election, there is far more evidence to implicate an equally dangerous infiltrator: Goldman Sachs. The infamous banking company, which was widely implicated in the 2008 economic crash, appears to have come out on top in the most recent Read More…
Italy Proves That Banks Are Not The Risk-Free Fantasy We’re Told To Believe
In the late 1400s, the city-states of Italy were among most dominant powers in the world. Most of the city-states had abandoned the feudal system that persisted across Europe. So Italy was one of the only places on the continent where anyone, including foreigners, could work hard, take risks, and become wealthy. People could start Read More…
Why Economists Are Always Wrong
Quick. When I say the word “economist,” what comes to mind? Fearless truth-teller? Sage wise man? Someone whose deep understanding of the complex web of billions upon billions of daily interactions in the sphere of human activity enables them to predict the outcome of those interactions years in advance with near certainty? …Or do you Read More…
Staying Focused On Following The Money
If you have read my last six articles, we started following the money drilling down on a 30,000,000 data-set of company registrations. This pointed us to the few families that run the world and clearly shone the light on their main holding companies which are financial and running as an economic super-entity. These financial holding Read More…