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Goldman’s Great Greek Swindle and the American ...
By Escape The Illusion on March 16, 2010 | No Comments
Goldman’s epic swindle may topple Greece and even the European Union. Wall Street’s stranglehold on the U.S. is equally dangerous. You’ve heard this crappy joke before. Financial vampire squid Goldman Sachs games billions on the books for a prestigious client, hiding its lack of r... -
Who Really Gets Hurt When GOP’s Bunning Blocks ...By Escape The Illusion on March 2, 2010 | 1 Comment
The Department of Transportation furloughed nearly 2,000 employees without pay Monday as the government began to feel the impact of Republican Sen. Jim Bunning’s one-man blockage of legislation that would keep a host of federal programs operating. Bunning’s “hold” also affec... -
Big Banks Are Feeding Like Parasites on the Govt.R...By Escape The Illusion on February 4, 2010 | No Comments
Big bank CEOs like to trumpet free-market ideology, but they depend on the government for survival in good times and bad. Wall Street bankers, along with the rest of the players in the financial industry, like to think of themselves as swashbuckling capitalists. They battle cutthroat competition wit... -
Wall Street’s 10 Greatest Lies of 2009By Escape The Illusion on December 28, 2009 | No Comments
On December 13, President Obama declared that he was not elected to help the “fat cats.” But the cats got another version of that memo. A day later, 10 of them were supposed to partake in some White House face-time to talk about their responsibilities to the rest of the country, but only sev...
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D.C. Rises as New U.S. Financial Center
By AnotherSon on September 13, 2009 | No Comments
In Shift, Wall Street Goes to Washington “In the old days, Washington was refereeing from the sideline,” said Mohamed A. el-Erian, chief executive officer of Pimco. “In the new world we’re going toward, not only is Washington refereeing from the field, but it is also in some... -
Obama’s New Economic Plan: The Good, the Bad an...By Escape The Illusion on June 19, 2009 | 2 Comments
Source: AlterNet His new regulations have been billed as the most sweeping overhaul of the financial system since the Great Depression. Obama, alas, is no FDR. On Wednesday, after weeks of the requisite press leaks and prefabricated spin, the Obama administration released details of its new “r... -
The Declaration of Independence 2009By Escape The Illusion on June 2, 2009 | 2 Comments
Courtesy of AboveTopSecret.com **To Be Clear, This is just a Repost of Someone Else’s Work** If we were to write a Declaration today, taking into account the history of our first declaration, what would it look like? Well, I gave it a go, and this is what I came up with. When in the course of... -
Illuminati: Pet Villains Strike Again In ‘Demon...By Escape The Illusion on May 27, 2009 | 2 Comments
Courtesy of Public Arts Rome, nighttime: Thousands of Romans jam St. Peter’s Square, eagerly craning their heads toward the Vatican to see if and when a new pope is announced. Suddenly a child screams: She has seen a dead cleric slumped on the marble stairs. In short order, several other holy ... -
Big changes in store for US credit cardholdersBy Escape The Illusion on May 20, 2009 | 2 Comments
By ANNE FLAHERTY – 34 minutes ago The Associated Press WASHINGTON (AP) — Every American with a credit card will see sweeping changes in the market, with limits on sudden hikes in interest rates that drive consumers deeper into debt. Even cardholders who pay off their balance each month may face ... -
Green Energy Rising…. But investors should brac...By Escape The Illusion on May 12, 2009 | 1 Comment
By Bob Frick, Senior Editor From Kiplinger’s Personal Finance magazine, June 2009 Business isn’t so sunny these days for SolarCity, the country’s largest installer of residential solar-power systems. But Lyndon Rive, chief executive of the Foster City, Cal., firm, says it’s a...
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