Daily Archives: September 22, 2013

ActivistPost – Lizzie Bennett – Britain Considered Putting Troops On The Streets In 2008 Financial Crisis; Well, It’s Worse Now – 22 September 2013

Logo_activistpost-comAccording to excerpts taken from his book, ex-Prime Minister Gordon Brown feared anarchy during the 2008 crisis. According to the book he said:

We’d have to think: do we have curfews, do we put the Army on the streets, how do we get order back?  Continue reading

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InvestmentWatchBlog – Warren Buffett : “The Fed Is The Greatest Hedge Fund in History”- 22 September 2013

InvestmentWatchBillionaire investor Warren Buffett compared the U.S. Federal Reserve to a hedge fund because of the central bank’s ability to profit from bond purchases while accumulating a balance sheet of more than $3 trillion.

“The Fed is the greatest hedge fund in history,” Buffett told students yesterday at Georgetown University in Washington. It’s generating “$80 billion or $90 billion a year probably” in revenue for the U.S. government, he said. “And that wasn’t the case a few years back.”

Read the whole story and see the video at the original article link below:

www.investmentwatchblog.com / link to original article

RollingStone – Matt Taibbi – Forbes Calls Goldman CEO Holier Than Mother Teresa – 22 September 2013

154px-Matt_TaibbiI got a lot of letters from folks this week about an online column for Forbes written by a self-proclaimed Ayn Rand devotee named Harry Binswanger (if that’s a nom de plume, it’s not bad, although I might have gone for “Harry Kingbanger” or “Harry Wandwanker”). The piece had the entertainingly provocative title, “Give Back? Yes, It’s Time for the 99% to Give Back to the 1%” and contained a number of innovatively slavish proposals to aid the beleaguered and misunderstood rich, including a not-kidding-at-all plan to exempt anyone who makes over a million dollars from income taxes.

Read the whole story at : www.rollingstone.com / link to original article

Mish / Mike Shedlock – FDP Out: CDU Outright Majority; No Grand Coalition – 22 September 2013

MishMikeShedlockShortly after posting “Too Close to Call”, reader Bernd pinged me with an update.

“ZDF CDU/CSU has an absolute majority of 304 seats in Parliament.” Bernd also added …

Hello Mish Continue reading

Lisa Gawlas – The Harvest Moon, The Equinox And Holy Cow Energy – 22 September 2013

lisagawlas2link to picture

Phew baby!  From start to finish, every single connection was a super intensity of incoming Light energy in the front yard.  That’s huge really, it says, no matter where you are in your process, things are intensifying within you as this moment transitions fully from old to new… and the winds are blowing, hard! Continue reading

James Corbett – The Corbett Report – Solutions Overcoming Stockholm Syndrome – 22 September 2013

JamesCorbett4link to podcast

In the 1970s, a strange psychological phenomenon was identified: in traumatic abduction situations, a certain percentage of the population is prone to falling in love with their abductors. But if we are living in a societal prison of the mind, then are there those who have fallen in love with their mental jailers? Find out more about societal Stockholm syndrome in this week’s edition of The Corbett Report. Continue reading

Mish/ Mike Shedlock – Is Risk-Free Banking Possible? What About Fractional Reserve Lending? 30-Year Mortgages? – 22 September 2013

MishMikeShedlockReader “Nate” noted that Bloomberg columnist Megan McArdle stated that banning Fractional Reserve banking won’t work.

Nate asked “What would a future without fractional-reserve banking look like?”

Let’s start with a look at Megan McArdle’s article: Banking Without Risk Is Impossible. Continue reading