Showing posts with label Banking. Show all posts
Showing posts with label Banking. Show all posts

Sunday, September 2, 2018

150 Sisters Servant Ln, Sloatsburg, NY 10974

Formerly part of an estate called TABLE ROCK which was built for William Pierson Hamilton and his wife Juliet Pierpont Morgan, the daughter of the great financier J. Pierpont Morgan. William was the great-grandson of Alexander Hamilton, the US Statesman and the first Secretary of the Treasury. 

https://www.coldwellbankerhomes.com/ny/sloatsburg/150-sisters-servant-lane/pid_26149144/

Tuesday, June 20, 2017

What Is the Market Telling Us?

Another is that central banks have been major buyers of ETFs and stocks, and this is unprecedented. The Swiss Central Bank is now a major shareholder of Apple and Amazon, and the Bank of Japan owns a significant chunk of Japanese ETFs.

http://www.oftwominds.com/blogjune17/market-telling6-17.html

Wednesday, February 1, 2017

How Democrats Killed Their Populist Soul

Over the years, Patman had upset these members by blocking bank mergers and going after financial power. As famed muckraking columnist Drew Pearson put it: Patman “committed one cardinal sin as chairman. ... He wants to investigate the big bankers.” And so, it was the older bank allies who truly ensured that Patman would go down. In 1975, these bank-friendly Democrats spread the rumor that Patman was an autocratic chairman biased against junior congressmen. To new members eager to participate in policymaking, this was a searing indictment....

The destruction of the anti-monopoly and anti-bank tradition in the Democratic Party has also cleared the way for the greatest concentration of economic power in a century....

In 1947, Patman even commissioned experts to publish a book titled Fascism in Action, noting that fascism as a political system was the combination of extreme nationalism and monopoly power, a “dictatorship of big business.”

http://www.theatlantic.com/politics/archive/2016/10/how-democrats-killed-their-populist-soul/504710/

Thursday, January 26, 2017

What Would a Labor-Centered Economy Look Like?

In our credit-cartel-state form of capitalism, money is borrowed into existence at the top of the wealth-power pyramid, in central and private banks. Some modest amount of this new money trickles down the pyramid, but as you can see, not very much trickles down to all the people doing all the work that isn't profitable, or to all the people without access to the nearly-free-money that's available to those at the very top of the pyramid.

http://www.oftwominds.com/blogjan17/labor-economy1-17.html

Tuesday, August 2, 2016

The Looming Financial Crisis Nobody Is Talking About, But Should Be

Ensuring the masses feel helpless and in need of the government’s protection is priority number one for the ruling class.

http://www.zerohedge.com/news/2016-08-01/looming-financial-crisis-nobody-talking-about-should-be

Wednesday, July 6, 2016

How a Swiss banker’s bungling led to the French Revolution

 It wasn’t class tensions but lack of cash— thanks to Jacques Necker’s ineptitude — that ultimately did for Louis XVI

http://www.spectator.co.uk/2016/07/how-a-swiss-bankers-bungling-led-to-the-french-revolution/