Category Archives: Opinion

About 2 months ago, I was wandering the pit of despair and intellectual ruin that is Facebook only to stumble upon a new protest who’s mission was to target Wall Street with one single goal.  They left it open to the protesters what that goal would be.  This way, people with different concerns might have […]

If you want to know why people are protesting on Wall Street, it’s very simple. Author and former IMF official Jon Perkins said it very succinctly: “Elected officials – including the President – no longer write the laws; the corporate lobbyists write and pass them through our elected officials, whose campaigns they finance.” Any insinuation […]

Timothy Geithner has an editorial out today in the WSJ.  It’s pretty much total BS as you are no doubt suspected, but there is one thing that stuck out at me.  Here’s the section: “…banking regulators have outlined the major elements of reforms to bring oversight, transparency and greater stability to the $600 trillion derivatives […]

There’s an amusing story on the SEC from the New York Times out today.  Republicans are cutting its budget back to 2010 levels after a short increase this year in preparation for the 2012 budget.  While a deficit hawk might think that sounds somewhat reasonable or at least justifiable considering the government’s recent focus on […]

The austerity measures that have plunged Greece into civil unrest not seen in decades has passed their parliament.  The vote came down to 155 for, 145 against.  This is a sad day for anyone who thinks a nation’s sovereignty shouldn’t be bought and sold by banks and neighboring nations.  Pay attention, because this is coming to America in […]

Early yesterday morning, the Wall Street Journal posted an editorial by Timo Soini, a Finish politician and Euro-skeptic who opposes the European central bank led effort to bail out Portugal.  In the editorial, Soini criticizes the bank bailouts and weak willed politicians who support them.  He writes: “The official wisdom is that Greece, Ireland and […]