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bailouts

Thumbnail image for Michael Marquette’s “View from the Bridge”: Wall Street’s Failed Obsession

Michael Marquette’s “View from the Bridge”: Wall Street’s Failed Obsession

The obscene salaries of Wall Street bankers and company bosses have been exposed for the farce and shareholder rip off that they truly are. Companies of all types have been plundered by these thieves for far too long in their obsession for short term gain at the long term expense of the companies they were supposed to be looking after. They all forgot the shareholders.

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Thumbnail image for What Does $1 trillion Look Like?

What Does $1 trillion Look Like?

With all the talk of bailouts, huge amounts of money are being tossed around like bread crumbs to the birds – both metaphorically and actually. So, with images created by PageTutor.com, we’ve created this video so that you can get to visually see what one trillion dollars looks like.

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Thumbnail image for How Madoff Made Off With $Billions & Ponzi Scheme’s Explained (with podcast)

How Madoff Made Off With $Billions & Ponzi Scheme’s Explained (with podcast)

monogram-mini-white I am stunned by the Bernard Madoff scandal – I am surely not alone there. How someone can steal and hide an estimated US$65 billion is difficult to know and the complexity of the scheme is such that we may never know. The former head of the NASDAQ had the credibility to lure investors with promises of 46% returns on their money each and every year. If it sounds too good to be true it usually is and guess what? It was!

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Thumbnail image for One Step Closer to the Workers Paradise? Karl Marx, Communism and Now

One Step Closer to the Workers Paradise? Karl Marx, Communism and Now

“Owners of capital will stimulate working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized, and the State will have to take the road which will eventually lead to communism.”

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Thumbnail image for The MASTERPLAN Part 5: Capitalism, Nationalization & Executive Pay Limits (with podcast)

The MASTERPLAN Part 5: Capitalism, Nationalization & Executive Pay Limits (with podcast)

The philosophical debate needs to be had in the US and when economic models of other countries are considered (especially the countries that end up getting through the crisis with the least downside). The US must look at what it has done, is doing and plans to do, and must be smart enough to shift to an economic model which is far more understanding. The true capitalist model is incapable of covering all of the needs of the population.

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