Bankster

Why the American Economy is Chronically Dysfunctional in One Article

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This is a must read article from Bloomberg.  So the banksters steal billions (if not trillions) from the American economy and then they spit out a couple of million to desperate charities at black tie events in order to feel good about themselves.  Robot-man himself, John Thain (I remain unconvinced that he is human), then … Read more

American Airlines Cuts 1,200 More Jobs – Welcome to the Recovery!

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My Two Cents:  Although the article is not clear, it appears that a certain amount of these jobs will be replaced with outsourced (ie, cheaper) workers.  This is just part of a larger structural trend that many have discussed regarding the fact (which is evident from tax receipts) that the jobs being “created” are increasingly lower paid or part-time.  While I have no … Read more

Big Banks Needed $639 Billion to Meet Basel Capital Rules

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My Two Cents:  So they realized banks need $639 billion last June to make them safe for society.  Guess what they did?  They delayed implementation to 2019.  Just another glorious day in Bankster Paradise! Big Banks Needed 485.6 Billion Euros to Meet Basel Capital Rules 2012-04-12 13:51:18.705 GMT By Jim Brunsden April 12 (Bloomberg) — … Read more