No, It Really Is That Bad Or Why You Have To Take Forbes 12 point list On The NZ Economy Seriously

Predictably Kiwi economists, which I count amongst the worlds most ignorant, and NZ’s Finance minister Stephen Joyce tried to downplay Jesse Colombo’s list of 12 clear reasons why the “Rockstar” economy is in an unsustainable bubble. I give you an interview with Naomi Prins who just published a book called “All the President’s bankers” about […]

Backlight, The Mind of A Banker: Psychopath, Reckless, Addict. John Key Anyone?

When a group of Swiss scientists wanted a control group in a psychological study about  psychopathic behavior of inmates they chanced upon a group of traders, like our own Prime Minister John Key. To their utter surprise it turned out that the traders showed higher marks for the very personality disorder they where trying to […]

The Bankster Looting Continues: The End Of Pension Protections In The US:

In a ruling which will see Salt of the Earth hard working people who paid their whole lives for their pensions starving in the street and the bankers even richer and decadenter judge Stephen W. Rhodes ruled that pension plunder was OK with him! ————————————————————— DETROIT — In a ruling that could reverberate far beyond […]

I Rape, You Rape, Everybody Rapes, Rapes, Old McMoney Is A Pimp!

I could have called this post: For the love of money is the root of all evil but that would not have gotten your attention I bet as did the above title. But never mind the title and attention grabbing because what I’m really trying to say is that money of course no matter how […]

They Hang Them Here, They Hang Them There, They Hang Them Everywhere, Except in the West

Hat tip Mick MC… This from Tehran. Four bankers condemned to hang, two to lifetime Prison and the rest of some 36 bankers to jail time of anywhere from 25 years, 20 years, 10 years, to less severe sentences. For what? The embezzlement of a mere $2.6 Billion. In China two female bankers have been […]

On Rage, Hanging Bankers And Blair or Why we Should start To Arrest Bankers. Seriously!

Update: A reader (hattip Rose) send me a link to a BBC web page. It appears that the government of Ireland is beginning to find its backbone back and three Irish top bankers have been arrested in connection with irregularities and the exposure of the Irish banking system to the unfettered Derivatives trade and the […]

On Arresting and and Convicting Bankers or a bit of good news!

With all the bad economic news and the Financial disasters I thought I’d bring you some good news! While most Kiwi’s still labour under the illusion that John Key as a hard nosed businessman will see them right, elsewhere in the world people are beginning to wake up to their antics and I’m happy to […]

BofA, Merrill Lynch, JP Morgan, Goldman Sachs and John Key or how Every Time a Banker Opens his Mouth he’s Lying

As the global financial collapse spins out of control our Prime Minister, John Key wants to bring the same banks up to their necks in fraudulent activity to New Zealand. His Financial minister invested $112 billion of borrowed money in the products now collapsing our global economy while the 1.2 quadrillion bubble built buy these criminals is being exposed for what it is: a digital phantom “worth” more than 20 times the Global GDP. Do bankers really lie whenever they open their mouths?

Greece Spends Bailout Cash On European Military Purchases

First they bankrupt you, then they force you to borrow from them and then they force you to spend that money not on restoring your economy but to buy weapons. As Greek standards of living nose-dive, loans to households and businesses shrink still further, and Troika-imposed PSI discussions continue, there is one segment of the […]

Revolution is not heroic, it’s ugly, murderous and inevitable if the rich keep looting the economy!

For some Revolution is a heroic word. For some it paints pictures of men and women striding forward to take back their lives and their hopes and who have their senses about them as they finally wake up to the tricks of the ruling elite. But it’s not. Revolution is not the result of enlightenment […]

Sucking Up to the Bankers: A Bipartisan Lovefest

Posted on Jul 29, 2008 AP photo / Jae C. Hong Sen. Barack Obama meets with his economic advisers Monday in Washington. From left: former Federal Reserve Chairman Paul Volcker, Obama, Service Employees International Union Chair Anna Burger, former Treasury Secretary Robert Rubin and New Jersey Gov. Jon Corzine. By Robert Scheer This is a time to […]