The Phaserl


MUST LISTEN, MUST WATCH: Deception Is Everywhere

from Gordon T Long, via SRS Rocco Report:

This is a must see video on the amazing amount of deception in the Bond and Stock Markets. I actually watched This video by Gordon T Long and John Rubino twice and plan on seeing it a third time.

They discuss the Belgium U.S. Treasury buying as well as what is keeping the stocks markets heading to new highs as more and more bad economic news rolls in. I had no idea of the amount of stock buy-backs taking place in the market.

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1 comment to MUST LISTEN, MUST WATCH: Deception Is Everywhere

  • rich

    The Case for Bashing Tony Blair
    Tuesday, 01 July 2014 03:57

    It seems that Matthew D’Ancona is upset that people are criticizing former Prime Minister Tony Blair, who is apparently making vast sums in a second career in the financial industry and on the speaking circuit. There are several points worth noting.

    First, as is the case with Bill Clinton, his generational counterpart in the United States, the public certainly has good cause to be upset that Blair set the economy on a path of bubble driven growth, even if the bubble blew on the watch of his successor. The public also has the right to be furious that Blair, like President Bush in the United States, misled his country into war in Iraq.

    Both of these factors should be enough to tarnish Blair’s public standing well past his lifetime, but the immediate topic is the fortune that he is amassing in his career as a former Prime Minister. There are two issues here. First, it is difficult to avoid the perception that Blair, like Clinton and now former Treasury Secretary Timothy Geithner, are cashing in on the connections that they have made in their political careers. It seems more plausible that Blair and Geithner are attractive as employees in the financial industry because of who they know, as opposed to their business acumen. Also, the lavish speaking fees these people earn can be at least as much to curry favor as opposed to an immense desire to hear their wisdom.

    Suppose that Tony Blair had spent his political career sounding more like Elizabeth Warren than Bill Clinton. Would the big bucks still be flowing in his direction? My guess is that the answer is no.

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