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Expecting the state to truly reform the nation's engines of financialization is like asking the cocaine addict married to the wealthy dealer to divorce the dealer.

Most observers think they know why the government (i.e. the state) has failed to truly reform the financial system: corrupt politicos  on the receiving end of the Too Big to Fail...
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Pestering Apple about its cash hoard has become something of a sport for activist investors. A while back, David Einhorn, for instance, demanded that Apple return some of its massive cash hoard to shareholders in the form of preferred stock, or iPrefs, as he called them. Apple refused, instead opting for a combination of share repurchases and

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The point-of-sale terminal at the CVS drugstore in Palo Alto, California, can accept payments through a quick tap from a smartphone. The clerk isn’t sure how it works, though he knows it does because “a few kids” have used it. But one shopper tries it by taking out his Android phone and clicking on

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Video Discussion of Orthodox Christian Author Deacon Dr Stephen Muse's book, "When Hearts Become Flame" - OCL...
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It is likely that Ebola will be contained in the United States, but errors in Texas show we have room for improvement in responding to public health emergencies.

On October 15, the second case of Ebola transmitted in the United States was confirmed in Texas between patient Thomas Eric Duncan and a health worker. Even more frightening, perhaps, is

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Archbishop Demetrios' Invitation to Ground Blessing of Saint Nicholas Shrine - OCL...
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Deal Book Says Citi “Cannot Afford” to Run an Honest Bank in Mexico

By William K. Black

Deal Book, Andrew Ross Sorkin’s ethics-free paean to painless elite bank frauds – all the wealth and none of the accountability – has plumbed new depths in its coverage of Citi’s latest frauds.  It has literally written that Citi “cannot afford” to run an honest b...

Wednesday, 15 October 2014 |

Unseal the Doomsday Book!

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When I first heard about the NY Fed's Doomsday book, my initial thought was, "Wow, they've got a comprehensive survey of land titles, so MERS really isn't an issue!" Then I realized it was a Doomsday book, not a Domesday book. Apparently the Doomsday book is some sort of "in case of emergency" do-it-yourself

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By cody56....
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At this time of war, tragedy, and global uncertainty, we share our spiritual bucket list with all who will listen....

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