Now We're Talking! Glass-Steagall

" I can't believe this is coming from five Democrats: "Five House Democrats will call this week for a return to a Depression-era law that separated Wall Street investment banking from Main Street commercial banking. If adopted, the measure would give banks one year to choose...

Why no bank regulation with teeth?

Ferguson Pt3: No change on finance side is due to the fact that US has a money-driven political system

Anatomy of casino capitalism Pt.2

Jane D'Arista: Banks' wild speculation led to the crash - it's happening again

Delaware tops Switzerland as tax haven of choice

"MOVE over Switzerland. The tiny US state of Delaware beats the Alpine country in a contest for the most secretive financial jurisdiction, a tax justice rights group said. The United States, led by the eastern seaboard state, took in $2.6 trillion in deposits from...

Job Creation only achievable by Small Business

To be more precise on this subject: Large government deficits choke off the very investment that is needed to create jobs. Intervention by the government in doing well to many people, consequently -maybe...

FDIC Broke? World Bank Broke in 12 Months?

"Promise her anything, but giver her Arpege!" was something I heard every Christmas as a child. I understood that to give Arpege, though, you had to have the coin in hand. It seems that bankers, of all people,...

G20 "not legitimate," say Swiss officials

The Swiss are finding themselves on the outside looking in now that they have agreed to be more transparant and worked out a tax agreement with the US and they are not happy. "G20 "not legitimate," say Swiss...

Tyra Banks: 'I Wish I Was More Of A Diva'

Tyra Banks has told Nightline while speaking to the cast of "America's Next Top Model" that she wishs she was harder, "I wish I didn't care so much about being the nice girl all the time. Because a lot of the time...

State Politicos Capitalizing on Mortgage Crisis and Foreclosures

I read recently that Terry Goddard, Arizona's current attorney general,  has joined a Task Force supposedly to address the scam artists operating in Arizona after Obama's claimed "rescue" was announced. Below is a copy of a letter I sent to the Arizona legislature as a...

This Depression is just beginning

If 18-year Real Estate Boom-Bust cycles are measured 14 years to the top (August 2007) 2 years to the edge, and 2 years to the final bust, this one is obviously not over yet. "Skip the Happy Talk This...

The changing business paradigm and its impact on Indian SMEs

The changing business paradigm and its impact on Indian SMEs in 2010 It is not the fittest who will survive the change but those who are having the ability to adopt to change – Charles Darwin Understanding the...

Could Hyperinflation Happen?

Theoretically, yes. Hyperinflation is a scary thought. Technical definitions vary, but while it could be argued that mild inflation can be a sign of a growing economy, hyperinflation is certainly never a good...

Tourist Holidays being spoiled by Master Card

It has been impossible for tourists and ex-pats to access there bank accounts at home in United Kingdom for a week now. Where as its been advised that tourist should not carry to much cash and its best to use...

Travel Notice - Automatic Teller Machines ATM's

If you are traveling to Asia and South East Asia there is big problems concerning the International ATM system. Some times Visa Cards do not work. Seemingly its impossible to obtain cash from an ATM if your using a...

ATM Roulette, it’s a new game at all ATMs globally. For Aliens

Money can be important that one will gamble to get it out of a machine, a machine that was not meant to be a gambling machine. However Master Card that of whom, I believe run most of the ATM machine through out...

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