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Economy
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Democrats in the U.S. House have been conducting hearings on
proposals to confiscate workers’ personal retirement accounts —
including 401(k)s and IRAs — and convert them to accounts managed by
the Social Security Administration |
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Global Banking
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Congress was stampeded like a herd of wildebeest on the African savana and moves America one step closer to a socialist/Marxist oligarchy. We could have and should have learned this lesson 75 years ago.
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Global Banking
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The immediate aftermath of the Lehman Brothers bankruptcy will be a massive and manic flight to liquidity and withdrawal of funds and credit from banks, S&L's, insurance companies and brokerages. [UPDATED 1]
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Global Banking
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“You can see that this is welfare for the rich. This is socialism for the rich. It’s bailing out the financiers, the banks, the Wall Streeters... Who are these people who are taking our money and doing this and ruining America?" - Jim Rogers, CEO Rogers Holding |