Tuesday, December 18, 2012
Long History of HSBC Money Laundering
If there was any lingering doubt about the supremacy of the internationalist
banker over the canons of law, the latest HSBC exemption from criminal charges proves that the real masters of the planet
are the criminal banksters. If this settlement was an abnormality and not the rule, one might argue the expediency for pragmatism,
while deployable, is necessary. Unfortunately, for the financial elites, the facts tell a very different story.
Read the entire article
4:43 am est
Tuesday, December 11, 2012
Pay Differential - Private Sector and Federal Government
A dreadful warning arises, when public sector employment pay and benefits outstrips the remuneration earned by the private
employment workers. Even the most hardened government proponent, must succumb to the reality that private business generates
real wealth that finances government through taxes. The expenditures of government on all levels are linked to the profitability
of enterprises and sufficient margin that affords the ability to pay revenue levies. Thus, the proportion of wages between
private enterprises and public employees has significant consequences. Read the entire article
5:41 am est
Tuesday, December 4, 2012
California Dreaming: Bankruptcy, Pensions and Taxes
The California Public Employees' Retirement System lives in the rarified air where financial magic somehow materializes
to pay for their irrational exuberant pensions. When the drug high is over, the real world requires a harsh penalty for ebullient
irresponsibility. The Chicago Tribune reports: Read the entire article
9:35 am est
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