Finance
The vastness of the fraud and criminality at the heart of the international private banking cartel can no longer be denied or explained away. Let’s look at the news of only the past two weeks.
In a courtroom in New York, a long investigation culminated in the prosecution of three wheeler-dealers for their role in rigging the U.S. municipal bond market. The scope of the scam and cost to ordinary Americans are extraordinary. Here is how it was reported by Matt Taibbi, the investigative journalist writing for...
An Open Letter to Vermont Department of Financial Regulation Commissioner Steve Kimbell Concerning His Organization's Persecution of the VSECU
Dear Commissioner Kimbell,
I am not a member of the VSECU (I'm a VFCU member), but I am nonetheless appalled at your treatment of a fellow credit union in your demand that they not use the respective verb and adjective "bank" and "banking" in their advertisements
Credit union faces fines for its choice of words
That you would choose to devote my tax-dollars to...
You know folks, I’m a bit worried about my 16-year-old son, Jimi. When he was 13, he grew three inches. When he was 14, he grew five inches. When he was 15 his growth slowed to three inches, and no matter how much I feed him, now he isn’t growing at all past his current six-one. Could someone please tell me how to achieve sustainable growth for my son, so that he can keep getting bigger forever?
The insanity of my plan is no less than the insanity of the explicit goal of the Rio environmental summit: sustainable development. That phrase could mean a lot of things in theory; in practice, what it means is, in the words...
The word lamppost is popping up lately with alarming frequency in connection with the word banker in all kinds of respectable places, and I don't think this refers to, say, men in Armani suits searching for their car keys where the light is shining on the sidewalk after quaffing a few rare cuvee jeroboams of Louis Roederer Cristal. Rather, it seems to suggest a certain unease with the levers of jurisprudence in this republic of grifters, stooges, and bought-off lackeys.
Also of late come rumblings from the most august newspaper in the land that certain questions concerning LIBOR-fixing among American bank officials might soon be...
When Jamie Dimon, CEO of JPMorgan Chase Bank, appeared before the Senate Banking Committee on June 13, he was wearing cufflinks bearing the presidential seal. “Was Dimon trying to send any particular message by wearing the presidential cufflinks?” asked CNBC editor John Carney. “Was he . . . subtly hinting that he’s really the guy in charge?”
The groveling of the Senators was so obvious that Jon Stewart did a spoof news clip on it, featured in a Huffington Post piece titled “Jon Stewart Blasts Senate’s Coddling Of JP Morgan Chase CEO Jamie Dimon,” and Matt Taibbi wrote an op-ed called “...
Almost 300 years ago, my family was among the pioneers who settled the Pennsylvania wilderness near the present city of Reading. Sixty years ago, my generation moved into Levittown with the suburban pioneers — the modern American middle class.
Most living Americans think of the middle class as a fact of life: always been there, always will. But as Levittown hits 60, it is worth noting how short lived it has been.
Before the 1950s, the vast majority of Americans lived in crowded big cities or on farms, with a far smaller number in small-city mill and market towns, or grimy mining towns. The suburbs...
Activism, OWS, Business, Economics, Food&Health, Health, History, Media, Governance, Elections
Last week’s drug company fraud settlement (GlaxoSmithKline’s $3 billion fine for fraud including bribery of doctors) and recent complaint against Merck for vaccine fraud should be a wake up call for all Vermonters as healthcare reform looms.
As Mike Adams recently wrote, “Criminality of Big Pharma is no longer a...
Activism, Commerce, Business, Food&Health, Health, Food, History, Media, Other, Governance
As a coalition of over 1,500 citizens, we worked hard to defeat S199 - the bill to eliminate VT's philosophical exemption from vaccines. Although many believe this is about pro-vaxxers and anti-vaxxers, it really is more about individual liberty than anything else.
We have the right to choose what we put into our bodies. And in an environment when all of the nation's vaccine suppliers have pled guilty to fraud at least once in...
Part II of III
It's time for Libertarians, Conservatives & Republicans to put their money where their mouth is. No government subsidies to private industry, period. No exceptions.
Why, then, when they get into office, do most of them support (or ignore) massive subsides to the nuclear industry? This week's guest post provides a possible answer.
Last week we discussed how, in Vermont, Republicans & Democrats alike have gifted Entergy Corp. of Louisiana with the privilege of storing their waste on-site in a flood plain, without which the plant would have been unprofitable. Forced to shut down.
We...
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