Live talk radio from the Texas Hill Country

Daily Archives: February 12, 2009

Less risk in Canadian banks: UBS

Bay Street is likely to suffer less than Wall Street as global economic conditions worsen and international banks continue to grapple with bad loans and toxic assets, according to UBS. Researchers at the Swiss bank “expect Canadian banks to continue to outperform their global peers given superior asset quality, capital, liquidity, and return on equity.”

Banks Own The Fed – We Pay Interest On Money They Create Out of Thin Air – Andrew Gause 02.11.09

How often have we said it, “These guys are good….” Listen and listen closely how superfluous spending, (The Stimulus Package for example) – reaps the owners of the Fed, (Private banks i.e. J.P. Morgan, Goldman Sachs, Citi Group), ongoing interest payments. What do they do in exchange? A few key stokes on the computer. Andrew…

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