Archive for August 17th, 2012

It Has Come to This — Close-to-Death Cash-Strapped Americans Selling Their Life Insurance Policies

Friday, August 17th, 2012

We have such an eroded public safety net that folks are reduced to selling their life insurance policies for the sake of paying their medical bills By John Gravois AlterNet.com When we think of “innovative financial products,” we probably think of credit-default swaps, collateralized debt obligations, and other ghoulish abstractions that we nervously half-remember... »

Posted in Economics | No Comments »

General Motors Is Headed For Bankruptcy — Again

Friday, August 17th, 2012

Louis Woodhill Forbes.com President Obama is proud of his bailout of General Motors. That’s good, because, if he wins a second term, he is probably going to have to bail GM out again. The company is once again losing market share, and it seems unable to develop products that are truly competitive in the... »

Posted in Economics, Facism, Government Evil | No Comments »

Gold & Continued Loss Of Confidence In The Financial System

Friday, August 17th, 2012

KingWorldNews.com August 17, 2012 With the recent surge in gold, silver, and the mining shares, today King World News interviewed 25 year veteran Caesar Bryan over at Gabelli & Company, which has over $31 billion under management. Here is what Ceasar had to say regarding a continued loss of confidence in the financial system:... »

Posted in Conspiracy, Corruption, Economics | No Comments »