Home » Posts tagged 'Wall Street' (Page 2)
Tag Archives: Wall Street
Fourth Turning Election Year Crisis
FOURTH TURNING ELECTION YEAR CRISIS “The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze a Crisis mood. Remnants of the old social order will disintegrate. Political and economic trust will implode. Real hardship will beset the land, […]
The Fed Has Given Big Business A Huge Advantage
The Fed Has Given Big Business A Huge Advantage And Its Gone! The last few months have been painful for small businesses across America. These businesses often have a difficult time getting a bank loan. Bubbling up to the surface is the recognition the Fed has played a major role in pushing inequality higher. This was […]
“Inflation” and America’s Accelerating Class War
“Inflation” and America’s Accelerating Class War Those who don’t see the fragmentation, the scarcities and the battlelines being drawn will be surprised by the acceleration of the unraveling. I recently came across the idea that inflation is a two-factor optimization problem: inflation is necessary for the macro-economy (or so we’re told) and so the trick for policy makers […]
The Fed Just Pulled Off Another Backdoor Bailout of Wall Street
The Fed Just Pulled Off Another Backdoor Bailout of Wall Street Source: Federal Reserve. The Federal Reserve has authorized 11 financial bailout programs thus far. Despite Fed Chairman Jerome Powell’s reassurances at his press conferences that these programs are to help American families, a full 10 of these programs are actually bailouts of Wall Street […]
Retail Store Closures Have Huge Impact On Communities
Retail Store Closures Have Huge Impact On Communities Across America many buildings stand empty or under-leased. They once housed thriving businesses that provided Americans with good-paying jobs.Over the last several years retailers have been closing stores and as the carnage rapidly accelerates this will be back in the news bigger than ever. The impact of […]
How the COVID-19 Bailout Gave Wall Street a No-Lose Casino
How the COVID-19 Bailout Gave Wall Street a No-Lose Casino While ordinary Americans face record unemployment and loss, the COVID-19 bailout has saved the very rich This story appears in the June 2020 print edition of Rolling Stone. In late April Marko Kolanovic, a financial analyst for JPMorgan Chase, wrote to clients with good news. Pandemic […]
Congress Sets Up Taxpayers to Eat $454 Billion of Wall Street’s Losses, Where is the Outrage?
Congress Sets Up Taxpayers to Eat $454 Billion of Wall Street’s Losses, Where is the Outrage? Photograph by Nathaniel St. Clair Beginning on March 24 of this year, Larry Kudlow, the White House Economic Advisor, began to roll out the most deviously designed bailout of Wall Street in the history of America. After the Federal […]
Fed Cut Back on Helicopter Money for Wall Street & the Wealthy
Fed Cut Back on Helicopter Money for Wall Street & the Wealthy Tapered QE-4 Further, Still Hasn’t Bought Junk Bonds or ETFs, Was Just Jawboning. Total assets on the Fed’s balance sheet rose by $205 billion during the week ending April 22, to $6.57 trillion. Since the week ending March 11, when the bailout of the Everything […]
Disunited States: Government Failure to Address Coronavirus is Sparking a Mutual Aid Revolution
Disunited States: Government Failure to Address Coronavirus is Sparking a Mutual Aid Revolution As state and local authorities struggle and the federal government focus on saving Wall Street, a volunteer-driven mutual aid revolution is taking hold in disenfranchised communities across America. I‘m not from DC, but I live here. I’m now a part of this […]
The very complex Jigsaw
The very complex Jigsaw Blain’s Morning Porridge – 14 April 2020. “If you try to take a cat apart to see how it works, the first thing you will have is a non-working cat.” On Thursday I posted a note on the Fed doing exactly what I predicted – a programme to buy high-yield junk. […]
Takeover
Takeover We can’t print ourselves out of this crisis again, but that isn’t stopping the Federal Reserve from trying. Thursday’s intervention program, the latest in a string of panic moves to keep the financial system afloat, constitutes a complete takeover attempt of the market ecosphere, only the buying of stocks directly is last missing piece […]
Wall Street Has Now Morphed Into A Full Blown Soviet Sausage Factory
Wall Street Has Now Morphed Into A Full Blown Soviet Sausage Factory To paraphrase the police officer who told me my old neighborhood had burned down during the 2017 NorCal fires, “the markets are no more.” After the Fed announced it is bailing out junk bonds today, Wall Street has now morphed into a full-blown “Soviet […]
Monetary Looting
Monetary Looting The United States has historically bragged about its free and transparent markets. But what the Fed is doing today is pulling a dark curtain around the financing of this so-called free and transparent market. The public has no idea which Wall Street firms have received this $3 trillion or why they can’t borrow […]
