This story from Bloomberg just hit the wires this morning. Bank of America is shifting derivatives in its Merrill investment banking unit to its depository arm, which has access to the Fed discount window and is protected by the FDIC. This means that the investment bank's European derivatives exposure is now backstopped by U.S. taxpayers.…
Our latest interview with a longtime Wall Street Insider reveals details of a troubling Obama White House stance against Wall Street executives voicing concern over the now daily violence permeating the Occupy Wall Street movement – and a belief the Obama administration may be actively engaged in helping create that conflict.
Bank of America has repeatedly become insolvent due to fraud and risky bets, and repeatedly been bailed out by the government and American people. The government and banks are engineering an age of permanent bailouts for this insolvent, criminal bank (and the other too big to fails). Remember, this is the same bank that is…
Ron Paul is America's leading voice for limited, constitutional government, low taxes, free markets, sound money, and a pro-America foreign policy.
Doug Casey speaks at the Casey Research/Sprott Summit When Money Dies.
Rush echoes Ron Paul and his call for the abolishment of many government programs and agencies.
The Peter Schiff Show (10/14/2011) Follow me on Twitter @SchiffRadio
Chris Bambery, a political analyst in London explains the possible motivation behind Britain’s move: “To me Press TV has a much wider range of debate than it is available on BBC, with views of people who support their Republican Party in the United States, who support free market policies in this country. I have debated…
The God King has decided you are too dumb to decide what medicine is best for yourself.
Italians, once again betrayed by their politicians who were bribed by Berlusconi to vote for him in the latest vote of “confidence” (at a price of €250k per vote), have decided to make their feelings for financial innovation, and its patron saint, known, by storming the Goldman office in Milan.