J. C. Cole: American Gray Swans – June 2020 — Bye Bye American Billionaires!

American Gray Swans – June 2020 Bye Bye American Billionaires! If you know the famous song by Don McLean – American Pie from the 1970’s, sorry I had to ad-lib a little to make the point. So Bye Bye American Billionaires! I drove my Chevy to the levee, but the levee was dry. And them …

Charles Hugh Smith: America Corrupt to the Core — Wall Street Crimes Ignored While Little People Too Easily Jailed

We’re Living the Founding Fathers’ Nightmare: America Is Corrupt to the Core Our ruling elites, devoid of leadership, are little more than the scum of self-interested, greedy grifters who rose to the top of America’s foul-smelling stew of corruption. America has plenty of law enforcement, prosecutors and prison cells for those who loot a Whole …

Matt Taibbi: Trump Excels in 1% Bail-Out, Blowing the 99% Bail-Out — Main Street Being Screwed While Wall Street Loots Away?

The Trickle-Up Bailout It’s early days, but the Federal Reserve “bazooka” has mostly impacted the 1% As we head into the second month of pandemic lockdown, two parallel narratives are developing about the financial rescue. In one, ordinary people receive aid through programs that are piecemeal, complex, and riddled with conditions. Meanwhile, “relief” programs aimed …