Why Innocent People Plead Guilty Jed S. Rakoff NOVEMBER 20, 2014 ISSUE   Honoré Daumier: A Criminal Case The criminal justice system in the United States today bears little relationship to what the Founding Fathers contemplated, what the movies and television portray, or what the average American believes. To the Founding Fathers, the critical […]

Everyone is shocked that the Key Obamacare Architect, Jonathan Gruber, has come out and admitted that the Obamacare legislation was drafted to intentionally be so confusing that the average American public would never know that their healthcare would rise in price and decline in service. Here is the full transcript and a link to the video: “You […]

QUESTION: Mr. Armstrong; I find it exceptionally curious how the mainstream media never quote you yet you have correctly called every turn in the markets from gold, dollar, equities, oil, no less the shifts in geopolitical events. You even said the war cycle will start to turn back up in November. It seems that especially […]

  Alayne Fleischmann Matt Taibbi has returned to the Rolling Stone and his first piece out the door is on the real story behind the fake $13 billion settlement with JP Morgan Chase deal to cover up alleged criminal activity sanctioned by Eric Holder and the Department of Justice. Taibbi had to leave First Look media […]

It is just amazing how there is no respect for human rights and the sanctity of LIBERTY in the United States any more. There just has to be a serious overhaul of the rule of law in the USA for there are more people in prison in the USA than Europe, China, and Russia COMBINED. […]

Monte dei Paschi shares were suspended twice throughout today. At one stage down 22% currently trading down 18%. Peripheral bond markets behaving themselves only Italian BTP’s were wider by 7bp’s. The European banking crisis is still in full bloom. What the ECB will not admit is that the design of the Euro lacking a single debt […]

  Deutsche Bank Frankfurt A senior New York lawyer at Deutsche Bank has been found dead. The circumstances pointed to a suicide. The 41-year-old had been found hung on a staircase railing by his wife on Monday. He was involved in the litigation of the bank scandal involving interest rate and foreign exchange market manipulation. He was […]

  We have a very serious problem with Hillary. I was asked years ago to review Hillary’s Commodity Trading to explain what went on. Effectively, they did trades and simply put winners in her account and the losers in her lawyer’s. This way she gets money that is laundered through the markets – something that […]

Goldman Sachs and Blackstone are private equity investors buying up rental property in Madrid. About 13,000 household were told their rents would not increase. Now in a down market, when their renewals come due. they are told their rents will rise sharply or get out. Now a judge will decide who, if anyone, is to blame. […]

The legal system in the United States is becoming so corrupt, this is exactly as Edward Gibbon wrote about the collapse of the rule of law in Rome. Edward Gibbon wrote of him: Each “distinction of every kind soon became criminal. The possession of wealth stimulated the diligence of the informers; rigid virtue implied a […]