PreambleArticle ArchiveThe Trans-Pacific Partnership Economic EnslavementTransatlantic Trade and Investment Partnership BetrayalWhen Saving Interest Rates Go NegativeFederal Reserve 100 Years of FailureThe World According to MonsantoTwenty Years of NAFTA Sucking SoundBen Bernanke's Banksters LegacyThe Selling of Energy IndependenceNo Bid Government ContractsMissing Military-Industrial-Complex MoneyTransnational Opposition to Russian SanctionsIMF and EU Capture of UkraineCorporate Profits and Tax LoopholesHigh-Frequency Insider TradingRepeal of Glass-Steagall and the Too Big To Fail CultureCorporate Inversion RelocationInternet 2 Corporate GovernancePower in Military Black BudgetsThe Wealth Divide Never WiderFATCA Reporting and Drug Money LaunderingAnother Secret Trade Agreement - TISAImpact of IMF SDRs for Commercial TradeCorporatist Lobbying Replaced a Free MarketCorporatism Stifles InnovationIMF Energy Carbon TaxCalico Discussed at The Google CampThe Monopoly of the Government Education CartelNCAA College Sports OligopolyCity of London vs. Scottish IndependenceSilicon Valley CorporatistsFinancial Regulators Bend Rules for BankstersBanks Hold Treasuries and Make LoansWhat is the Alternative to Keynesian Corporatism?Matt Taibbi on JPMorgan Chase's Worst NightmareG 20 and BRICS Great SchismAnother Ponzi Roll Over of Treasury DebtSun Edison Buying First Wind ScamCracking Down on Corporate CrimeSocial Credit Monetary TheoryCarl Menger and the Real Bills DoctrineGreek Vote Pushes EU to LimitWhy Prevent Labeling of GMO Foods?HSBC Corporate Governance CorruptionWhat to Expect from FCC Control of InternetChina wants to have a reserve currencyDestructive Centralization and the GE Corporatist CultureCorporatism 101Cost of Negative Bank RatesCorporate Farms Control of WaterThe Banksters War on CashGeorge Soros $6.7 billion tax billWill Interest Rates Ever Rise?Right and Left Agree: TPP about Corporate ControlCommencement Graduation and Employment ProspectsPrivate Equity a Formula for FraudCorporations vs. EntrepreneurshipGreek Referendum on IMF UltimatumIranian Sanctions was bad for BusinessChinese Corporatism Turns SourEPA War on CoalFox News Ratings Based Upon NewspeakEconomic Nationalism: Alternative to GlobalismSeptember Stock Market Crash CycleEconomic Consequences from Refugee InvasionFederal Reserve under YellenComing Soon QE 4Impact of Released TPP AgreementWal-Mart Symbol of Economic ConditionWhen will America Jail their Banksters?Rejecting the Keystone PipelineBottom Line from the Paris Global Warming Summit
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Tuesday, April 22, 2014

Repeal of Glass-Steagall and the Too Big To Fail Culture

During the 1990’s the conventional economic wisdom supported the repeal of Glass-Steagall. However, "10 years later, the end of Glass-Steagall has been blamed by some for many of the problems that led to last fall’s (2008) financial crisis. While the majority of problems that occurred centered mostly on the pure-play investment banks like Lehman Brothers, the huge banks born out of the revocation of Glass-Steagall, especially Citigroup, and the insurance companies that were allowed to deal in securities, like the American International Group, would not have run into trouble had the law still been in place." 
7:15 am edt 

Tuesday, April 15, 2014

High-Frequency Insider Trading

No one has ever claimed that the financial markets are a level playing field. Equities, bonds, currencies, options and futures are not arenas that operate by equivalent standards for all parties. Great fortunes were built not by chance, but on superior information, known to the few. Professional traders are not risk gamblers, but operate on the premise of special advantage. Through advance and proprietary techniques that reduce exposure hazards and provide exclusive head start triggers, which virtually guarantee profits, the elite firms dominate Wall Street.
8:51 am edt 

Tuesday, April 8, 2014

Corporate Profits and Tax Loopholes

Record US corporate profits are the beneficiary of easy money, near zero interest rates and monopolist aided government tax policies. The upward surge in earnings since the depths of the financial collapse proves one incontrovertible fact; namely, tax regulations, implemented to aid favorite companies, is the operational model of the corporatist economy. Americans for tax fairness for 2013 report on 10 Companies and Their Tax Loopholes. Included in this examination on Bank of America, Citigroup, ExxonMobil, FedEx, General Electric, Honeywell, Merck, Microsoft, Pfizer and Verizon, indicated "corporations have stepped into the fray with some of the most aggressive lobbying we’ve seen in years – calling for cuts to corporate tax rates, a widening of offshore tax loopholes." 
7:22 am edt 

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