Big Banks: The biggest welfare queens in the U.S.A. are the super wealthy themselves,
Citibank Fails Fed Stress Test … The REAL Story Bank of America… Citigroup …Federal Deposit Insurance Corporation… Federal Reserve… Goldman Sachs Royal Bank of Scotland …Shadow Banking…. Bloomberg reports that Citigroup has failed the Fed’s new round of stress tests: Citigroup Inc.’s capital plan was among five that failed Federal Reserve stress…
Banks are very important to preserving the political and economic privilege of a select few Americans. That, at the end of the day, is what “too big to fail” is all about.
When people talk about the concept known as “too big to fail” or “TBTF,” they generally are referring to the idea that the government is bailing out a private bank and its shareholders. The $10 per share paid to the Bear, Stearns equity holders is a case in point. The big banks, so the saying…
Syrian Secret Weapon Of War
A Syrian woman looks over Damascus
The Black Swan of Modern Civilization
‘Collapse’ of Modern Civilization a Real Possibility ‘Ecological strain’ and ‘Economic stratification’ could bring global downfall, researchers warn Prophecies of impending doom go back a long way, but this one has the extra cachet of backing by NASA. “Ecological strain” and “economic stratification” could lead to the global fall of modern civilization within decades, researchers…
Turkish Exodus : Religious minorities escaping starvation of Syrian war
Syrian War, Economic Hardship Drive Religious Minorities From Turkish Border City Posted: 03/13/2014 ANTAKYA, Turkey — Azur Havre stands over a lunch of steaming meatballs in a courtyard owned by Sister Barbara Kallash, a quirky German nun who runs a guesthouse in this city roughly 10 miles from Syria’s border. He puts on a white yarmulke…
Let’s cut to the chase: Ukraine vs Russia
A knowledgeable correspondent submitted these observations: RE: Russian Army. Effective draft evasion is running 80%. Morale is low, training is very poor and poorly funded. The Russian army has also gone through 22 years of near continuous contraction. And this standing army has heavy commitments in the Caucasus and Far East Siberia. Moreover,…