Monthly Archives: July 2009

Guest Post – Charter State Owned Banks

How California Could Turn its IOUs into Dollars By Ellen Brown Global Research, July 22, 2009 California has over $17 billion on deposit in banks that have refused to honor its IOUs, forcing legislators to accept crippling budget cuts. These … Continue reading

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Some Humor Hits Too Close to Home.

Goldman Sachs in Talks to Acquire Treasury Department Sister Entities to Share Employees, Money From The Borowitz Report In what some on Wall Street are calling the biggest blockbuster deal in the history of the financial sector, Goldman Sachs confirmed … Continue reading

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My Quarterly Letter to Clients.

To My Clients: Our accounts are up  5.7 % Y-T-D. The Dow Jones Average is down 3.75 %  Very briefly, the administration is soon to engage in massive stimulus fiscal spending while the Federal Reserve continues its massive monetary stimulus … Continue reading

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