Shelby’s Fed Reform Bill Is Just Moving Deck Chairs on the Titanic – Pam Martens and Russ Martens

Senator Richard Shelby, Chair of the Senate Banking Committee, is set to release details of his proposed financial reform legislation today which Wall Street hopes will have so much smoke and mirrors to appease the liberal and conservative factions on the Committee that no one will notice that it’s another big sellout to Wall Street. The bill will hold out …

tpp secret

Free Trade Is Plutocratic Propaganda

With the looming Trans-Pacific Partnership dominating the headlines, now is a good time to revisit an old scam called “free trade.” In 2003, Kevin Flanagan was an information technology employee at Bank of America. They told him he was being replaced with foreign labor, and he was ordered to train his replacement. After he completed his assignment, he was laid off. Then he …

spoon-feeding

Deciphering the Fed’s Actions, “Spoon Feeding the Market”: Whatever they Do, the US Economy is Damned

Wednesday is yet another Fed meeting where we get to hear “policy” from them.  So many times in the past, the upcoming meeting has been called “THE” most important meeting ever.  This one is being called the same thing.  I have mentioned more than a few times in the past six years “what can they really say?”  I’ve done this because …