Blog/International News

Mario Draghi Backs Down on Greece

We are really plagued by people in government who are totally clueless on how markets trade. They have been arrogant in assuming they do not need Greece and if they [...]

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Government Has Gone Insane – That’s What a Phase Transition Is All About

“Whom the gods would destroy, they first make mad,” was spoken by Prometheus in Henry Wadsworth Longfellow’s poem “The Masque of [...]

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U.S. Changing Credit Card Liability on October 1, 2015

Curious note: On October 1, 2015 – the day of the Big Bang – the U.S. will begin shifting to EMV (Europay, MasterCard® and Visa®) “smart card” [...]

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The Collapse of Obama’s Trade Deal May Be the Start of the Split in Republicans

The word from the Hill is very interesting. The minority conservative Republicans are starting to revolt against Boehner – the destroyer of the Republican Party. [...]

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Expect Real Estate Mortgages to Become a Nightmare

As a result of Title XIV of The Dodd-Frank Wall Street Reform and Consumer Protection Act, the Consumer Financial Protection Bureau (another agency to complicate [...]

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The Feds Are Hunting Money Retroactively – Is a Real Estate Crash Coming?

If you apply for a mortgage, you will suddenly encounter the REAL hunt for money. My sister just bought a house and to get the mortgage she had to explain every [...]

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Boehner Wants to Join Obama to Raise Taxes on Small Business

John Boehner, Mr. Ultimate Establishment Republican, is desperately trying to secure the passage of Trade Promotion Authority (TPA) for Obama, which would give [...]

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Greece – a Reversal of Fortune on the Horizon?

Greece and its creditors stuck to their positions on Monday after the collapse of talks aimed at preventing a default and possible euro exit, while Germany’s [...]

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So Why Are Bankers Never Personally Criminally Charged?

In the latest scandal where five major banks agreed to plead guilty to criminal charges brought by the U.S. Department of Justice for manipulating the foreign [...]

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2008 Forecast: NYC Will Be Under Water by June 2015 – Oops

Seven years ago, ABC News reported a dire forecast on global warming, claiming that scientists predicted that New York City would be under water by June 2015. [...]

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