QUESTION:  Martin, On Page A11 of the IBD today (5/29) a statement was made that seems to fit your claims.  It is something that having been in the business for 24 years I was unaware of.  The entire article is actually quite interesting. Please clarify the following, made in the 4th paragraph; …..BNP Paribas in […]

John Maynard Keynes 1883-1946 John Maynard Keynes was a British economist who revolutionized economic thought, which is widely known as “Keynesianism.” The son of a Cambridge don, Keynes was educated at Eton and Cambridge, where his degree was in mathematics. John Maynard Keynes was educated at King’s College, Cambridge, from 1902–1906 and DID NOT have a […]

Understanding that everything in nature moves in a cyclical manner is vital to comprehending the world around us. This is how energy moves. The waves in the ocean give the impression the water is moving when in fact if you throw a bottle that floats into the water you will notice that the bottle rises […]

The United States is being seen as just hopelessly corrupt and the next downturn in the economy is not merely going to come down on those in Congress always willing to write blank checks to bailout the bankers when Genius Fails as it always does in New York when it is really just bribing and […]

President Obama has been the most aggressive in going after “leaks” that reveal how government lies to the people on one subject or another. His efforts to protect the government are disgraceful and if government was honest, well there wouldn’t be leaks. http://www.washingtonpost.com/local/a-rare-peek-into-a-justice-department-leak-probe/2013/05/19/0bc473de-be5e-11e2-97d4-a479289a31f9_story_1.html https://knightcenter.utexas.edu/blog/00-13889-obama-administration-has-aggressively-prosecuted-leaks-and-whistleblowers-who-are-they But the real issue that is a disgrace has been the […]

The Brains trust became a term applied to the so-called group of advisers to Franklin Roosevelt during his presidential administration. Roosevelt’s speechwriter and legal counsel Samuel Irving Rosenman (1896–1973) suggested having an academic team to advise Roosevelt in March 1932. This was really for show, for being such a member is rarely ever taken seriously by the politicians […]

The people preaching the nonsense about gold far too often have a self-interest. That is no different than expecting trading with a New York Bank that they have your best interest at heart. Come on. Look at the Press Reviews of Greg Smith’s book. You will see numerous reviews defending Goldman Sachs. Right! What Smith wrote about […]

QUESTION:    I’m a reader from China and one of the big fans of you in our country. I want to ask you a question and would be very happy to get your reply. If my memories are correct, you have been a bull of China and praised Chinese leaders for their competence. But in reality, […]

Germany is drawing a bright line between proprietary trading in banks and customer deposits. They are not merely separating the two, but they imposed criminal sentences for directors of banks and insurance companies if they fail to fulfill their supervisory duties in risk management or contravene an array of banking supervision. Germany will at least prosecute […]

This latest scandal that the Justice Department in fact secretly collected two months of telephone records for reporters and editors at the Associated Press, illustrates that there is just no rule of law. Attorney General Eric Holder has to recuse himself because he is part of the act.   People forget, but Holder was in […]