CONVERSION FROM INDEX TO REALITY Obama’s call for “TRUTH” is a simplified statement that calls into question the manner in which information is collected, the way it is presented and the manner in which it is disseminated to the public.  Underlying this simple call for integrity is his assessment that information flow is fundamentally flawed […]

Tags: capital, index, information, labor, Obama, Rothbard, slave, Von Mises
Posted in bubble, Corruption, Eviction, securities fraud |

Another casualty of the Mortgage Meltdown induced paranoia that is sweeping the credit and money markets: Banks no longer trust the indexes which they have relied upon for decades. In other words, they don’t trust each other. And they don’t trust the people who report on what is happening out in the financial marketplace. The […]

Tags: confidence, credit, index, Libor, reports, trust
Posted in bubble, Eviction |