| Oct 23, 2013 | Economy / BusinessWhat amazing alchemists Wall Street bankers are! They can turn failure into gold and reform into business as usual. These sorcerers have pulled off both tricks right in front of us since their 2007 collapse. They turned that gross failure into an ongoing...
| Oct 9, 2013 | Economy / BusinessNow that Wall Street Rules mankind, We need banks Of a different kind. It used to be the manufacturers who ran the country — steel, autos, appliances, and the like. The president of General Motors, Charles Wilson, is remembered best for having a comment he made...
| Oct 8, 2013 | Economy / BusinessThe Scottish writer Thomas Carlyle called economics “the dismal science.” He was only half right. Dismal, yes, but a science, no. Economics is more like a religion, in which reality is shaped by belief or blind faith. And, in the case of free-market...
| Oct 1, 2013 | Economy / BusinessSomeone should make a movie about JPMorgan and title it: “Bankers Gone Wild.” Not long ago, America’s biggest Wall Street Empire was hailed as a paragon of financial integrity. Not now. JPMorgan has been assessed record fines of nearly a billion...