Goldman Sachs is lobbying Senators against restrictions to naked short-selling

Naked short-selling is a kind of counterfeiting scheme in which short-sellers sell shares of stock they either don’t have or won’t deliver to the buyer. It is a criminal activity that the SEC has failed to act on, making the SEC itself the equivalent of a crooked cop and complicit in the destruction of our economy.

Now Matt Taibbi has discovered that Goldman Sachs is lobbying Senators against restrictions to naked short-selling. Get the details here.

Peter Schiff Mortgage Bankers Speech Nov/13/06

Peter Schiff's Mortgage Bankers Speech from Nov 13, 2006 is now in one video clip. It was given to over 2,000 mortgage bankers at the time. For those people who said no one saw the current economic crisis coming, this presentation is a real eye opener. Peter not predicted the precise events that were to occur, he was correct in describing the exact causes, showing this was not just a good guess. This gives one confidence in his ability to see what everyone else misses, past and future. Let's see if we can get this clip to go viral.


Complete transcript and the so-called experts that said he was an idiot.

Does the Fed Manipulate Markets? Well, Um...

The Fed doesn't manipulate markets, except the stuff we do over at the NY Fed which, you know, is totally allowed... we think.

World Bank's Zoellick wary of more Fed power.

Ron Paul presenting his new book On the morning Joe

GritTV discusses Goldman Sachs

Here's a GritTV discussion about Goldman Sachs with Mike Lux, Matt Taibbi and Senate Banking Committee former chief economist, Robert Johnson.


We don't let Presidents Ahmadinejad and Chavez spend money to influence our elections, but the Supreme Court heard a case this week that may permit Exxon Mobil and Wal-Mart, both of which are larger than Iran and Venezuela, support candidates directly. Read this.

United Nations currency to replace US dollar?

Bloomberg: UN Says New Currency Is Needed to Fix Broken ‘Confidence Game’.
How Bad Will Unemployment Get?
Twenty Minutes with the President is a fictional dramatization!
Jim Rogers on the nationalization of Fannie Mae and Freddie Mac.



Where the New PPT Hides.
Huffington Post: Economic 9-11: Did Lehman Brothers Fall or Was It Pushed?

How Goldman Sachs' problems are hurting you

Read New York Post: How Goldman Sachs' problems are hurting you.

AMERICANS should boycott the stock market.

No, I'm not kidding. And this isn't going to be one of those funny columns.

In fact, I'm deadly serious that investors shouldn't risk any more of their money until there are promises of a thorough investigation of Goldman Sachs.

Over the top video.

The $531 Trillion Dollar Derivatives Time Bomb

New York Times, May 9th 2003: “[Greenspan] detailed the potential dangers to financial markets if a big derivatives dealer had to exit the market. In his speech, delivered to the conference by satellite, Mr. Greenspan said that a single dealer accounts for about a third of the global market in both interest rate and credit derivatives, and a few dealers account for more than two-thirds.”
The $531 Trillion Dollar Derivatives Time Bomb

Kucinich: the Federal Reserve is paying banks NOT to make loans to struggling Americans