Lehman’s downfall for laymen

photo credit: {dpade1337} The escalating US financial disaster is fast forwarding into a grapple for handouts, with the vested interests having the ear of the policy makers whilst the less privileged are left behind in a trail of bewilderment, attempting to grasp the...

The Crash of 2008

photo credit: mtbdeano Professor Mason Gaffney Get yourself comfortable – this is Must Read! This crash is The Big One; it has the signs of becoming a Category 5. How do we know? We’ve “been there and done that” so many times before, roughly every 18 years over...

Fannie Freddie Fiasco

photo credit: Mike Licht, NotionsCapital.com How can the world’s most right wing administration delve into the biggest act of socialism since the Great Depression? By allowing the economic fundamentals to be skewed towards speculation rather than production, the...