TBNTF: Too Big Not to Fail

Posted on August 7, 2014

lehman-brothers

by David Stockman Practically since the day Lehman went down in September 2008, Washington has been conducting a monumental farce. It has been pretending to uncover the causes of the thundering financial crisis which struck that month and to enact measures insuring that it would never happen again. In fact, however, official policy has done […]

Continue reading →

Individual Investors Are Steadily Abandoning Stocks — Wisely

Posted on August 6, 2014

From Zero Hedge: Of particular note to me is how investment professionals are experiencing markets. What does it mean to be a professional investor or investment advisor in the Golden Age of the Central Banker? Two observations surprised me, and I believe they’re connected. First, when I had these conversations six months ago I would […]

Continue reading →

“Pssst. What’s the Password?”

Posted on August 6, 2014

password

A Russian group has hacked 1.2 billion usernames and passwords belonging to more than 500 million email addresses, according to Hold Security – a US firm specialising in discovering breaches. Hold Security described the hack as the “largest data breach known to date”. It claimed the stolen information came from more than 420,000 websites, including […]

Continue reading →

More Bad News from Afghanistan

Posted on August 6, 2014

afghanistan-violence

Civilians increasingly find themselves under fire as the 2001 U.S.-led war draws to a close, as Afghan forces take the lead in operations targeting the Taliban. The civilian death toll in the war in Afghanistan rose 17 percent for the first half of this year, the United Nations reported in July. The U.N. said 1,564 […]

Continue reading →

NATO: The Broken Promise Has Backfired–Ukraine

Written by Gary North on August 5, 2014

nato-flag

NATO was created in 1949. The North Atlantic Treaty Organization broke an American tradition. It was a defensive alliance. The United States had been involved only one such alliance in the past: the French alliance of 1778, which led to the defeat of the British at Yorktown in 1781. The French treaty was permanently severed […]

Continue reading →

The Stock Market Is a Titanic in Search of an Iceberg

Posted on August 4, 2014

titanic

by Bill Bonner What was that sound? Did you feel a little bump? Nah… don’t worry about it. Go back to your cabin and have a good sleep. Just when things were going so well! With all that GDP growth! All those new jobs! We were all set to believe that the US economy really […]

Continue reading →

Piketty Cut to Ribbons, Slice by Slice

Written by Gary North on August 4, 2014

thomas-piketty

Thomas Piketty, a French Marxist, got rich this year on book royalties. That his unreadable 700-page book got a huge market will go down as one of the great mysteries of early 21st-century capitalism. We have seen nothing like this since Tiny Tim sang Tiptoe Through the Tulips. That the world of the Left literati […]

Continue reading →
Page 6 of 299« First...«456789»102030...Last »