Category Archives: Banking

A Revolutionary Pope by Ellen Brown

Pope Francis has been called “the revolutionary Pope.” Before he became Pope Francis, he was a Jesuit Cardinal in Argentina named Jorge Mario Bergoglio, the son of a rail worker. Moments after his election, he made history by taking on … finish reading A Revolutionary Pope by Ellen Brown

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Michael Hudson on Iceland’s Vultures

Iceland’s Fair Value Vultures November 12, 2011 By Michael The New Bank Disaster Olafur Arnarson, Michael Hudson and Gunnar Tomasson* The problem of bank loans gone bad, especially those with government-guarantees such as U.S. student loans and Fannie Mae mortgages, … finish reading Michael Hudson on Iceland’s Vultures

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Correction: Iceland Supports Banks, not People

What is actually going on in Iceland Posted on 29 December 2012 by Baldur Bjarnason (@fakebaldur) This scathing and factual analysis of how the Iceland experiment is REALLY working came recommended by Birgitta Jonsdotter’s blog. Click on the link above to … finish reading Correction: Iceland Supports Banks, not People

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Bankruptcy of the Banks, Fleecing of the Sheeple

Virtually ALL of the Big Banks’ Profits Come from Taxpayer Bailouts and Subsidies The Big Banks “Would Just About Break Even In the Absence of Corporate Welfare” The government has propped up the big banks for years through massive, never-ending bailouts and … finish reading Bankruptcy of the Banks, Fleecing of the Sheeple

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The Next World War on Sovereignty

Nobel Laureate economist Joseph Stiglitz characterizes the Spanish bank bailout as “voodoo economics” that is certain “to “fail.” New York Timeseconomic analyst Andrew Ross Sorkin agrees: “By now it should be apparent that the bailout has failed—or at least on its way to … finish reading The Next World War on Sovereignty

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Iceland’s President Supports Democracy, not Banks

Iceland’s President Explains Why The World Needs To Rethink Its Addiction To Finance                   Adam Taylor     | Apr. 15, 2012, 12:57 PM |    Business Insider This links to the full transcript of an interview with Ólafur Ragnar Grímsson, who … finish reading Iceland’s President Supports Democracy, not Banks

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