For those with the stomach for what is the highest form of crony capitalism writ large and explained in its clearest and most egregious manner yet, the article also has an interactive chart of the banks' profit-gains direct from the Fed's bailouts during this period. Dean Baker's quote from the article perhaps sums up our…
Parents of means should immediately take their children out of public school and homeschool them if possible. It’s the only way to tell the state they do not own our children. It’s the only way to make sure they are not trained to be little prisoners owned by the state.
Awesome article on Bitcoin regulation. No one really sends or receives bitcoin. They merely transfer their ownership and specific control rights to the block chain on the giant public ledger in the cloud. It's like an air guitar. The bitcoin itself exists because we all say that it exists.
Pakistan on Saturday accused NATO helicopters and fighter jets of firing on two army checkpoints in the country's northwest and killing 24 soldiers. Islamabad retaliated by closing the border crossings used by the international coalition to supply its troops in neighboring Afghanistan.
One of the most awesome accounts I've heard in a while.
How (And Why) Banks Increased Total Outstanding Derivatives By A Record $107 Trillion In 6 Months
While nearly all Americans head to family and friends to celebrate Thanksgiving, the Senate is gearing up for a vote on Monday or Tuesday that goes to the very heart of who we are as Americans. The Senate will be voting on a bill that will direct American military resources not at an enemy shooting…
The IMF, the UN, the World Bank and the legendary in some circles ESF are all part of the “other” reserve “use of funds” destination. In other words, someone (presumably someone with some urgent window dressing needs), and it sure wasn't only (if at all) the GSEs, had a massive capital shortfall and had to…
The law will provide even more incentive for departments to devote time and resources to drug crimes — and that shift comes at the expense of solving more serious crimes.
Why is nobody asking the simple, basic question: why are all the Western democracies so deeply in debt? Because the answer is too horrible for words.