Our Financial System is Broken

How much more evidence do we need, to say that our financial system is broken.  Case in point – the recent Facebook IPO.  Here’s another example of how Wall Street and the major financial institutions took advantage of the average citizen with a ridiculously over-valued offering price for Facebook.  It started out at $38 per … Read more

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Stay Strong. Work Together Europe!

The assault that’s taking place on the Euro is unprecedented.  Who benefits from such an assault?  I believe the financial speculators, hedge fund managers, and the U.S.A. win.  Why the U.S.A.?  When the financial crises hit, the Euro stayed strong.  Quantitative Easing, i.e. printing money, made the Euro look way more attractive than the US … Read more

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