Tags: banking

Energy & Banking Criminal Racketeering

December 26th, 2014
in Op Ed

A long time ago, Capo di Tutti Capis Alfonse Capone delivered his opinion upon being convicted on Racketeering charges that “Capitalism is the Legitimate Racket of the Ruling Class”. Far as Alfonse was concerned, he was no different than the folks running Da Goobermint and Da Federal more »

Post-Eurozone Stress Test Syndrome: PESTS

November 3rd, 2014
in Op Ed

Interrogate harmonised eurobanking, and it rapidly becomes clear that the entire edifice is designed to stop capital flight. A disgruntled Slog investigates.It's enough to make a chap vote UKip.You may have seen from this morning's Slogpost that I've been having trouble with more »

Why Do Sovereigns Borrow Bank Money?

September 6th, 2014
in Op Ed

Why do so many people-including the authors of most economics textbooks-believe the U.S. banking system creates the U.S. dollars we earn and spend and pay our taxes with? It's because the U.S. banking system does, in fact, "issue" the great majority of the dollars we use-by making more »

Banking is Boring - in Japan

August 26th, 2014
in Op Ed

Bloomberg reports that banking is incredibly boring in Japan - apparently, the Citibank CEO's salary is higher than the profits of its Japanese branch: Citibank Japan Ltd.'s net income of 1.34 billion yen ($12.9 million) in the year ended March compared with CEO Michael Corbat's more »

Three Sparks and a Powder Keg

September 21st, 2013
in Op Ed

by LEAP/Europe 2020, Leap2020.eu The 2013 summer sun, far from having brought the lull for which some hoped, has continued to heat finance, the economy, and especially global geopolitics white hot. The Syrian apple of discord has shown the extent to wh… more »

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