Archive - Jun 30, 2014 - Blog entry
Of Baling Wire, Chewing Gum and Sinking Ships
Submitted by Cognitive Dissonance on 06/30/2014 13:41 -0500The promises of the master, used as currency to compel and reward our willing participation, can no longer be fulfilled since the economic system that is the ultimate delivery vehicle for those promises is about to sink beneath the waves.
Burning Banknotes !
Submitted by Pivotfarm on 06/30/2014 12:39 -0500There are some out there in the economic world that believe that banknotes are detrimental to the health of the economy and that they are currently stifling the recovery of the markets. Their solution: burn the damn things and let them go up in smoke. Replace them with electronic money and then the central banks around the world will be able to do more than just providing alternatives that don’t work to revamping the financial markets and boosting economic growth.
U.S. Relies On Law from Governments Which Don’t Even HAVE a Constitution to Justify Assassination of U.S. Citizens By Drone
Submitted by George Washington on 06/30/2014 12:01 -0500U.S. Relies On Law of Non-Constitutional Countries
Stress Test on Banks’ Earnings Facing the Veritaseum UltraCoin Value Transaction Platform
Submitted by Reggie Middleton on 06/30/2014 07:23 -0500These banks derive the bulk of their revenues from non-interest related sources - basically fee income, and then they pay roughly 70% of that out (afer expenses) in compensation. What happens when fees are but below the compensation level?
