Category: Blog

The international bankers and the media are starting to push the global "CRASH" button. Zoellich, head of the World Bank (and former Goldman Sachs exec) has raised the spector of a global Lehman Bros - An International crash. Maybe this…

by John Truman Wolfe I don't like the word ‘globalization.’ I don’t like the way it sounds. I don’t like the way it tastes, or feels or smells. It evokes a world of human misery ruled by some unseen Orwellian…

By John Truman Wolfe Since the beginning of the Global Financial Crisis, I have had several requests to do reviews of the financial strength of several banks. In the course of some of these assessments, I have found that the…

By John Truman Wolfe Scott Rasmussen is one of the country's foremost pollsters. In my opinion he is the best. Rasmussen is smart: he surveys “likely voters,” as opposed to just those of voting age. He conducts a daily presidential…

by John Truman Wolfe A Credit Default Swap (CDS) is a fancy name for a financial instrument that is really nothing more than a bet on whether a loan will be repaid or not. They are wagers placed by bankers…

by John Truman Wolfe There was an article in The Washington Times, written by Bill Gertz on February 28, 2011. The title of the article is Financial terrorism suspected in 2008 economic crash. http://www.washingtontimes.com/news/2011/feb/28/financial-terrorism-suspected-in-08-economic-crash/ There are two sides to this…

by John Truman Wolfe The duplicity of this administration has long since ceased to be a surprise to me. The President has flip-flopped on a jaw-dropping number of issues; saying one thing in his honey-coated eloquence, and completely reversing himself…

by John Truman Wolfe There is an article in The Daily Bell, published on April 23 entitled,  IMF Austerity is Headed to America – Watch Out! The article is written by the newsletter’s editor Anthony Wile. The Daily Bell is…

by John Truman Wolfe The headlines of an article in yesterday’s Market Watch says, IMF Bombshell: Age of America Nears End. http://finance.yahoo.com/banking-budgeting/article/112616/imf-bombshell-age-america-end-marketwatch This article covers a report by the International Monetary Fund that predicts the end of what they call…

This is the third and final segment of A Greek Tragedy.  It covers what occurred in Greece and what is truly needed to prevent a continuing Global Financial Crisis. THE GREEK BANKRUPTCY Meanwhile, the Athenian addiction continued. The country finally…