With Cristiana Muscardini, Deputy Chairman of the International Trade Committee, filing a resolution to effectively restore Glass Steagall in Europe, to be voted upon in the European Parliament, AND with Austria and Belgium seriously considering following in Germany’s footsteps, it certainly SEEMS clear that the “long arm of Wall Street” (as denounced by Michigan Senator Carl Levin) has [...]

With one-term wonder Scott Brown’s cop out vote to bring cloture to the Wall Street approved Financial “Anti-Reform” Bill, it is once again proven that it is not enough to vote out the incumbent, or the incumbent party, because the entire party system in America is a complete sham. There are only really two parties in the world that [...]

In a courageous act of unprecedented sanity, Germany DEFIES the global financial oligarchy: May 20, 2010 (LPAC)—After the close of European markets on May 18, Germany’s financial services regulator Bafin announced a ban on naked short-selling and credit default swaps, effective immediately, arguing that there was “exceptional volatility” in the markets and systemic threats. German Chancellor [...]

The groundswell of public support for the reinstatement of Glass Steagall reveals that the public at large isn’t quite as stupid as this arrogant administration thinks. Reasonable and competent individuals, especially those who seek the truth through “unfiltered” media sources, can certainly see the parallels between the current Depression and the former crash of 1929 and resulting (former) [...]

Todays winning swindle: West Virginia. “Step right up folks and see the amazing swindles, it only costs a dollar and there’s a new sucker born every week. Watch how Wall Street rigs bids from local governments the same way they con the big boys on Capital Hill. It’s amazing folks, and it only costs a buck to witness [...]

That whooshing sound you hear as the Euro falls to parity with the dollar is Golden Sack’s HFT hard drives struggling to keep pace with the upward CONfidence curve in long term US Treasuries … just before the perfect storm. How can you bail out a failing Euro with an open checkbook in Bernanke Bucks and not expect the definition [...]

Beginning with Lloyd Blankfein’s absurd interview a few weeks ago, to just about every bankster’s current (or soon to come) excuse to date, playing dumb just doesn’t get it. People who earn millions every week gaming the financial system are not so stupid or naive to have “missed” the asset bubble, or it’s collapse. Frankly, they engineered both. [...]