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Philosophy: Fascism

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Market-Ticker.denninger.net

"Rather, "firms that made wrong decisions should fail," she says bluntly. "You shouldn't rescue them. And once that's established as a principle, I think the market recognizes that it makes sense. Everything works much bet

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LondonBanker.blogspot.com

There can be no more iniquitous alliance than to have the politicians at the service of the bankers, unless perhaps it is to have the military at the service of the bankers too. The US seems to have committed itself to this worst of all possible comb

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Antiwar.com

Our Caesarism will have distinctly American characteristics, of course, but the universal pattern will run true to form: a system of economic corporatism, with all power invested in the State and the whole infernal machinery energized by a demonic se

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Market-Ticker.denninger.net

John Mack yesterday in a CNBC interview said that the capital deployed by Treasury into the banks was going to rebuild their capital ratios - not be lent out. In other words, they intend to hoard it.

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Business Standard

I am a free market Republican,” Neel Kashkari is believed to have said at an American Enterprise Institute Conference some time back. Well, Kashkari’s job over the next few months can’t really be said to be upholding the spirit of a free market.

Zano