Ellen Brown: A crisis in a major nation such as Spain or Italy could lead to a chain of defaults beyond anyone’s control, and beyond the ability of federal deposit insurance schemes to reimburse depositors.
Ellen Brown: When Americans realize that the alternative is to have their ready cash transformed into “bank stock” of questionable marketability, moving failed mega-banks into the public sector may start to have more appeal.
So the fact that Goldman has reverted to its old ways in the market suggests it has every reason to believe it can revert to its old ways in politics, should its market strategies backfire once again — leaving the rest of us once again to pick up the pieces.
Treva Brandon Scharf: Everyone should exercise their right to bare arms – just not in the state of Georgia though, where every Second Amendment nut job feels the need to show off their guns everywhere they go.
Elizabeth Nussbaumer: Offsets and the added profit from repurposed pollution perpetuate and further engrain the trend of polluting with impunity by using energy sources that only take us backwards in our need to address growing pollution debts.