Posts tagged as:

Too big to fail

Stockman — Our Great Deformation Continues

April 1, 2013

I wish this were an April Fools joke, but it’s not.  Former Reagan economic guru David Stockman is warning that the Fed’s money-pumping is creating an unsustainable stock bubble which will inevitably come crashing down in the next few years.  Worse, Stockman argues that the “Too Big to Fail” corporatist culture created over the last [...]

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Depths of the Fed’s Bailouts Revealed

August 23, 2011

The scope of the Fed’s bailouts are revealed in this Bloomberg article from Sunday.  Be warned though, it elicits more nausea the longer you read it. Essentially, the bailouts were considerably more far-reaching than we were told, and despite nearly three years of new regulation, legislation, inconsequential hearings, and litigation, the fundamental reasons for the [...]

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