Tag Archives: goldman sachs

December Economic Numbers Go From Upbeat to Ugly Down Very Quickly

By Mike McCune —   Whoever is eyeballing the economy better get rid of the old standby baloney from college testbooks. Something is rotting but the economists can’t find it.   However, one thing is conclusive: the economic numbers for … Continue reading

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The Rant – Goldman Sachs Ruins Western Economy For Political, Monetary Profit

by Mike McCune —   Wall Street is moving further into the realm of weightlessness, the euro’s demise moves closer by the moment while the United States government by passing tax cuts without corresponding spending cuts pulls the noose tighter around … Continue reading

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This is the second part of a series exploring why the shaky global economy continues to defy experts and remains on the path to collapse. Today’s subject centers around how the European Union was snookered into accepting debt-ridden Greece.

    The U.S. recession was supposedly triggered by the Lehman Brothers default according to our government experts. Lehman had overextended itself with worthless paper and then, to stave off regulators, hid its worthless paper assets through derivatives and credit … Continue reading

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Accounting tricks

by Michael McCune for the Greeley Gazette I’ve been trying to unravel the various reports coming from our elected government, the Federal Reserve and the Securities and Exchange Commission regarding the nation’s banking system’s financial situation and it isn’t very … Continue reading

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