Search / 88 posts tagged ponzi scheme

This recession is crashing U.S dollar October 9, 2008 | Leave a Comment For 37 years we have been delaying the collapse of the dollar and as the risk rose, we worked harder and harder to avoid economic downturns that would cause foreign lenders to fear we are too great a risk for our debt.

There are sharks everywhere! Personal finance and investing is DIFFICULT. It is difficult because you have to struggle against the most powerful forces the universe has prepared for you: GREED and FEAR.

Times Square Thinking Killed Wall Street -- Are The Banks Next? Little did people know that banking and finance had contracted a nasty disease — one known in the grifter trade as a Ponzi Scheme — in which sub-prime mortgages were securitized and traded based on an unsustainable promise to pay high returns to investors from monies obtained from subsequent investors.

Anthony M. Freed Your Mortgage or Your Life We are all familiar with a Ponzi scheme. The basic principle is to promise investors that money put into control of the operators will return high interest... [[ This is a content summary only.

The Financial Crisis in One Sentence Winged Hussar 1683closeAuthor: Winged Hussar 1683 Name: Email: wlevinson@verizon.net Site: http://www.omdurman.org/ About: "Then the Husaria broke into a wild gallop and the heavy mass of men and horses cascaded over the Turkish ranks, bowling over the first,

The smart college boy/college girl MBAs* who run investment banks and other businesses have less practical ability than a man who did not even finish high school. Henry Ford told us in 1922 exactly why a good 20-30 percent of our investments vaporized during the past several months, and he summarized the cause in one sentence: The primary functions are agriculture, manufacture, and transportation.

by Bill Levinson The smart college boy/college girl MBAs* who run investment banks and other businesses have less practical ability than a man who did not even finish high school. Henry Ford told us in 1922 exactly why a good 20-30 percent of our investments vaporized during the past several months,

Grand Theft America. September 29th, 2008 Financial Crime of the Century by Stephen Lendman September 29, 2008 The crime of the century. The greatest one ever. Author Danny Schechter calls it “Plunder.” The title of his important new book on the subprime and overall financial crisis.

Bailout or Government Ponzi Scheme The Bear on Sep 29 2008 | Filed under: Economy I confess to being no economic genius or guru but after watching the Senate’s Banking Committee hearings, I wonder who is? Certainly none where present.

  What Lincoln would have said to Paulson’s $700 Billion Ransom “These capitalists generally act harmoniously and in concert to fleece the people, and now that they have got into a quarrel with themselves, we are called upon to appropriate the people’s money to settle the quarrel.” – Abraham Lincoln,