Tag Archives: Fabrice Tourre

PINOCCHIO,PROFITS & PEE WEE: ''another NICE mess''

At the G20 Summit in Toronto last week, the major accomplishment was the agreement on the ”Toronto Consensus”, which proclaimed in light of the Tsunami of fiscal stimulus hosed into a river of existing, and backlogged promises to spend, these … Continue reading

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SAY IT AIN'T SO JOE

”I always tell people that we human beings, in a way because of this intelligence, are the biggest troublemakers. Yet because of this intelligence, we also have the capacity to not only take care of ourselves but also to take … Continue reading

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HOUSES OF CARDS

”In a series of damaging emails released yesterday, Tourre also compared the products to a “Frankenstein” monster that had “turned against his own inventor”. Other emails that emerged yesterday showed Lloyd Blankfein, Goldman’s chief executive, boasting about the money the bank … Continue reading

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LIKE PULLING TEETH

”That there is a gigantic combination of the money dealers, a powerful international trust of usurers, asserting a superiority above all jurisdictions, and having for its servants the so-called statesmen and potentates of various nations, who willingly register the decrees … Continue reading

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ANXIETY AS SHARP AS A TOOTHPICK

What me worry?The Beats, the banks, the bulls and the bears. That the world might suddenly end is not a new anxiety, but an eternally recurring old anxiety that is continually renewed. The testimony of Lloyd Blankfein, CEO of Goldman-Sachs … Continue reading

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A DICKENS OF A DEBT LOAD

There is a certain repulsion towards a form of an  enduring sanity of compassion; the type of guilt ridden faith based sentiments which Dickens, that great molder of middle-class values,  had destined to show so often in the characters of … Continue reading

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