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Tuesday, February 14th, 2012

Posts Tagged ‘ Iceland credit crisis ’

The Great Fractional Reserve Banking Scam

Nov 28th, 2008 | By Matthew Collins | Category: Politics & Economics

We are all being deceived by the nature of our banking system, says Matthew Collins. Fractional reserve banking is corrupt. And with the Fed at the heart of the scam, it’s no wonder things are so messed up. Matthew says it’s time we stand up and demand answers.



The $5 Trillion Fiasco

Nov 13th, 2008 | By Dave Gonigam | Category: Financial News

I just can’t make up my mind:  Is Hank Paulson committing premeditated murder of the U.S. economy, or merely negligent homicide?



Shortages, Bankruptcy and More!

Oct 13th, 2008 | By Dave Gonigam | Category: Financial News, Politics & Economics

Just one question… If, per Hank Paulson, “taxpayers” are going to own stock in financial companies, where do I sign up to get the dividend checks? OK, I concede that’s a lame attempt at humor, especially on a day when Paul Krugman wins the Nobel Prize in economics. Brings to mind what Tom Lehrer said 35 years ago about political satire becoming obsolete with Henry Kissinger winning the peace prize.