Monthly Archives: April 2013

A Simple, Scary Way To Neuter Goldman Sachs and Friends | Money Morning

TBTF is the acronym for “too big to fail.” It’s the crazy notion that certain banks are so large and systematically important (which really means so threatening to financial systems) that they must be kept alive by the government, because … Continue reading

Posted in Corruption | Leave a comment

Bengladesh Tragedy Exposes Real Cost of Corporate Greed

We’ve known for a long time that the things that fuel our lifestyles can come from some pretty ugly places. The coltan that’s used in our mobile phones and entertainment systems is mostly mined in the Democratic Republic of Congo, … Continue reading

Posted in Corruption | Leave a comment

Myths and Realities About the US Economy | Money Morning

When it comes to the U.S. economy, myths and misleading statistics abound. Are taxes the highest they’ve ever been? Is the country’s spending at record levels? Are the majority of products U.S. consumers buy produced by low-wage workers overseas? The … Continue reading

Posted in Debunking Myths | Leave a comment

Economic Recovery is Mainly For the Rich | Money Morning

If you thought Americans were better off financially than a few years ago, the following chart shows that’s not the case for most of us. Instead, it looks like an economic recovery for the rich. According to a new Pew … Continue reading

Posted in Class Warfare | Leave a comment

Sir John Marks Templeton’s 10 Secrets of Successful Investing | Money Morning

For Sir John Marks Templeton, the road not taken really did make all the difference in the world. A true contrarian, the legendary investor became a billionaire by “avoiding the herd”. He bought low, sold high, and was always working … Continue reading

Posted in Investing Methods | Leave a comment

Capture Theory and the Financial Crisis—Posner | Becker-Posner Blog

The phenomenon of regulatory capture—the transformation of a regulatory agency into an anticompetitive tool of the regulated industry—is real, but I think Fannie Mae and Freddie Mac are more accurately regarded as examples, though no less unlovely, of something else: … Continue reading

Posted in Banking, Corruption, Great Recession | Leave a comment

Five Factors That Will Push Silver to $250 an Ounce | Money Morning

All bull markets go through periods of consolidations and corrections. And precious metals are no exception. There has been plenty about gold’s swan dive, but less talk about silver. And at this point there’s more potential for silver than gold…significantly … Continue reading

Posted in GOLD and SILVER | Leave a comment