Reality is finally settling in. Natural laws of supply and demand are back in action. Stocks are sliding, banks are finally slimming down, and oil’s getting crushed.
The market at large has proved its innate vulnerability despite the Fed’s best efforts to distort the real macroeconomic picture at play.
Economists are (finally) admitting that central bankers have run out of ammunition to sustain the illusion of the Fed as our knight in shining armor.
It’s incredible how many traditional fairytale parallels have been cited when referring to a very real financial experiment gone very wrong.
Ed Yardeni cited “The Wizard of Oz.” International Monetary Fund Managing Director Christine Lagarde went with both “Alice in Wonderland” and Harry Potter. Stephen King — the HSBC Holdings Plc chief economist, not the author — trolled the fantasy aisle.
Transparency International today called on the United Nations and its member states to do more to ensure development funds reach the people they are meant to help by establishing global mechanisms to stop illicit financial flows.
“Corruption siphons funds that would otherwise have been dedicated towards fighting poverty,” said Transparency International Vice Chair Akere Muna.
Published on Oct 11, 2014
In this episode of the Keiser Report, Max Keiser and Stacy Herbert host a two part interview with award-winning film and television actor, Alec Baldwin, and comedian, actor, author and host of the Trews, Russell Brand, about revolution, the media, ultra low interest rates, cobblers and their little helpers. They also discuss whether or not Sean Hannity has the talent to be a ‘terrorist’ and Russell Brand gives his opinion on the role of Fox News. STEPHEN COLBERT ON BILL O’REILLY’S BLACKWATER MERCENARY FORCE IDEOLOGY: THE CHOREOGRAPHED ISIS EBOLA TERROR VIRUS!
What does government do when it is failing? Why it lies, of course, just like any other criminal enterprise. It lies about anything it believes it needs to and can get away with. When you have the media running interference for you and an opposition party too cowardly to blow the whistle, that means you can lie just about anything and get away with it.
Catholic Online (www.catholic.org) JERUSALEM (Catholic Online) – Christian Zionism is a false and extreme theological and political philosophy that is / has become a corrupting influence in the politics of Israel and the United States, said a Catholic patriarch and three other religious leaders here, urging Christians churches to break their silence. What is Zionism? Answer -> Rothschild.
Putin kicked out the Rothschild bankers from his country . Putin interrupted the [Rothschild] US Government heroin trade supply routes out of Afghanistan. The elite banking chambers wish to remove Putin and to suppress Russia, but the sprawling nation is joined at the hip with China.
Thus Russia cannot be isolated any more than a bear can be bear hugged. The nation spans 12 time zones and is a top supplier of numerous important commodities. The Russia & China bond is growing and will result in a marriage, the consummation being a baby called the Gold Trade Standard.
First half of video discusses the ‘sans dents’ as the new ‘sans culottes’ as the bubbles will continue until morale improves. They also discuss inflation without compensation. In the second half, Max interviews David Smith of the Geneva Business Insider Blog about the Swiss Gold Initiative, the impact of sanctions and the wave of anti-EU sentiment spreading across Europe.
“In 1936, I declared that it was not the Covenant of the League that was at stake, but international morality…The Charter of the United Nations expresses the noblest aspirations of man: abjuration of force in the settlement of disputes between states; the assurance of human rights and fundamental freedoms for all without distinction as to race, sex, language or religion; the safeguarding of international peace and security.“ Haile Selassie (1892-1975), address to the United Nations, Oct 6, 1963.
“The beauty of the Glass-Steagall act, after all, was its simplicity: banks should not gamble with government insured money. Even a six-year-old can understand that…” Luigi Zingales (1963- ), (A Capitalism for the People, 2014).