Tag Archives: financial crisis

Wall Street Shows Its Ass Again

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Why Wall Street & Co. Will Do Anything to Stop Eliot Spitzer from Championing the Public Interest

wall-street-bullWeb of Debt blog / By Ellen Brown
The latest post from the AlterNet
Spitzer as comptroller: Good for New York, good for women, terrifying for Wall Street abusers.

Before Eliot Spitzer’s infamous resignation as governor of New York in March 2008, he was one of our fiercest champions against Wall Street corruption, in a state that had some of the toughest legislation for controlling the banks. It may not be a coincidence that the revelation of his indiscretions with a high-priced call girl came less than a month after he published a bold editorial in the Washington Post titled “ Predatory Lenders’ Partner in Crime: How the Bush Administration Stopped the States from Stepping in to Help Consumers.”  The editorial Continue reading →

Peter Schiff: Catastrophic Economic Collapse Will Hit the U.S. Economy In 2013 or 2014

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InvestmentWatch logo

financial-crisis2InvestmentWatch reported on the recent predictions of Peter Schiff.  Economic Crisis: 2007 and 2013 – Peter Schiff: A Collapse Happened In 2008, But Even More Catastrophic Economic Collapse Will Hit the United States Economy In 2013 or 2014

“In 2006, when he faced off with many well known Titans of investing and warned of an impending financial disaster and economic collapse, Peter Schiff was laughed at by his colleagues.

He urged Americans to exit financial markets and take steps to protect themselves before the wealth held in their savings accounts, retirement investments and real estate was wiped out. Few listened…

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