While I always supported the overall message and energy that encompassed the Occupy Wall Street movement, I never backed the slogan of the 1% vs. the 99%. From my own personal experience, it is entirely clear that the actual problem is a far smaller group within the 1%, the 0.1% or the 0.01% (although I … Read more
No one should be surprised by this, particularly since Wells Fargo is the favored financial vehicle for America’s top crony capitalist – Warren “I’m just like you because I drink cherry coke and eat hamburgers” Buffett. The person in question in the latest payoff revolving door move is Bob Ryan who is currently a senior … Read more
So this morning, I woke up to an email forward from someone that used to be a client. The forward was an anti-gold rant from a sell-side (Wall Street) broker who will remain unnamed. The piece was so biased and ridiculous I took the time to write a somewhat lengthy response. I am not going … Read more
The difference between [socialism and fascism] is superficial and purely formal, but it is significant psychologically: it brings the authoritarian nature of a planned economy crudely into the open. The main characteristic of socialism (and of communism) is public ownership of the means of production, and, therefore, the abolition of private property. The right to … Read more
As if we needed more evidence. Not only is Big Sis’ Department of Homeland Security (DHS) taking away our civil liberties, but we now find out it is a conduit for crony capitalists to make more money off the U.S. taxpayer. The story I am referencing today concerns the Federal Protective Service (FPS), which is … Read more
You know the system is in trouble when it rolls out every multi-billionaire status quo gatekeeper to appear on CNBC and regurgitate the same trite propaganda lines to scare people away from protecting their financial well being via the one asset that has proven timeless and portable for thousands of years. What the sheeple still … Read more
First they ignore you, then they laugh at you, then they fight you, then you win. – Mahatma Gandhi There isn’t a cohesive message coming from the protestors other than the system is rigged in favor of the top .01%. Those who think they are in control are losing their grip. They see their power … Read more
It can be difficult for non-Europeans to understand the various dynamics that coexist in the densely-populated housing estate that is Europe, but by way of a beginners’ guide, I’ll place my tongue loosely in my cheek and attempt to explain it to our American and Asian friends through the application of the normally toxic combination … Read more
This really bothers me. You have to love that Warren Buffett, the richest man in the world, has deemed himself representative and ambassador for those making $250,000 and more…”People like myself” he says. People that take home $250,000 a year before taxes are somehow in the same category as the richest man in the world? … Read more
If you don’t become an actor, you’ll never be a factor Pills with million side effects, take em when the pain’s felt Wash them down with diet soda, killing off your brain cells Crooked banks around the world, would gladly give a loan today So if you ever miss a payment, they can take your … Read more