Blog Archives

“Apocalyptic” Consequences For The Eurozone

virtually unlimited leverage via the shadow banking system, in which there are practically no hard assets backing the infinite layers of debt created above, and which when finally unwound, will create a cataclysmic collapse of all financial institutions, where every bank is daisy-chained to each other courtesy of multiple layers of “hypothecation, and re-hypothecation.”

MF Global and the great Wall St re-hypothecation scandal

A legal loophole in international brokerage regulations means that few, if any, clients of MF Global are likely to get their money back. Although details of the drama are still unfolding, it appears that MF Global and some of its Wall Street counterparts have been actively and aggressively circumventing U.S. securities rules at the expense…

Civil Disobedience for Natural Food Moms in Midwest

A group of mothers will risk arrest and other penalties by purchasing fresh, unprocessed milk from a small farm in Wisconsin, transporting it to Chicago’s Independence Park and distributing the milk to other mothers who need it for their families from 11:30am-2:00pm