Quantitative Easing (and The Ben Bernanke) Explained, or Not

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Yes, this is hilarious … as is our world’s current financial situation, if you have a irrepressible sense of humor or a sense of the absurd. Truly, that we are putting up with it is comical.

“What does that mean?”

“It means that they are going to print a ton of money.”

“Why don’t they just call it [...]

Changing the Paradigm of Money

While the Fed congratulates itself on what it’s pulled off over these 100 years, “Scandal is spreading across Wall St like a very bad case of poison ivy. It seems as good a time as any to reconsider the paradigm we are holding of money and [...]

Foreclosure Fraud Indicates Deep Faultline in Financial World

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I’m not the only one seeing that the major disturbances coming to light in the foreclosure world are not mere surface tremors, but indicate a deep faultline that, as it keeps opening, just may cause the entire industry to fall into the sea.

Wall Street wants us to move along, nothing to see here. Firms [...]

Defeating Saber-Toothed Financial Tigers part 2: Three Steps to Calm Confidence

We are in the middle of a time of great change, no one seems to have the answers, and the future is shaping up to be a lot different than we expected. There’s a lot on our plates. How do we respond to these collapses and revelations?

Below, I touch on three critical steps you can take personally to release some of the fear that can eat away at your energy and throw you into panic [...]

Defeating Saber-Toothed Financial Tigers part 1: Ready for Integrity

What we’re starting to see is the rot at the foundation of our system. We’ll be seeing a lot more rot this year. It’s going to be very disturbing — kind of like seeing a wreck on the highway. Do we stop and try to help? Do we just keep going? Do we get mad at the disruption to our plans? Do we get pissed off at the idiots driving 90 miles an hour while texting who caused the pile [...]

Fed Refuses to Disclose Identity of Recipients of $2 Trillion in Loans

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via Bloomberg.com:
Worldwide

Nov. 10 (Bloomberg) — The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral. [snip]

Bloomberg News has requested details of the Fed lending under the U.S. Freedom of Information Act and filed a federal [...]