1.0 INTRODUCTION 1.1 The New Leviathan In the seventeenth century, the philosopher Thomas Hobbes predicted that, in the absence of some strong intervening authority, human society would descend into a Leviathan, pitting all against all in a life and death struggle for survival. This struggle would continue until one victor would be determined, who would… Continue reading The Big Lie – Part 1
3.2 The Sub Prime Mortgage Bubble – Part 2 So, who is caught holding the “hot potato”? Th e securities are for the most part held by mutual funds, banks, and insurance companies spread over the globe. The managers of these funds have been well compensated for their returns over the last decade. Those investors who are holding shares… Continue reading THE HIDDEN GAME REVEALED – PART 6
3.2 The Sub Prime Mortgage Bubble – Part 1 Now, let us take a brief glimpse at the sub-prime mortgage bubble. The loop starts with a junior loan officer at a small mortgage company making a pitch to a recently married couple with a baby on the way. The young couple is just starting out in life and… Continue reading THE HIDDEN GAME REVEALED – PART 5
2.0 Szeged – Introduction – Part 1 In the early nineties, I had the interesting fortune of being the CEO of a paprika and meat processing plant in southern Hungary. The circuitous route, which led me to this position is a story in itself, but suffice to say, that I was mandated by a major Hungarian… Continue reading THE HIDDEN GAME REVEALED – PART 2
1.0 Prologue At its root, the financial crisis, which has engulfed the entire world’s financial system, was nothing more than a crude scam perpetrated by a few hucksters. The fact that it grew to its current proportions has everything to do with the conditions created by an extended period of laissezfaire, promoted by the hands-off attitude of regulators in the United… Continue reading The Hidden Game Revealed – PART 1
The game is set in motion by a junior loan officer at a small mortgage company who makes a pitch to a recently married couple with a baby on the way. The young couple is just starting their life together. They tell the officer they saw an ad on television that claimed they could buy… Continue reading The Ecomomic Crisis: Passing the Hot Potato
Those on the Left hail the passing of the Healthcare bill as a great victory for the middle class. Meanwhile, across the aisle, those on the Right are labelling it as the first step on the slippery slope toward state control and socialism. We can argue the ideological implications of this decision long into the… Continue reading Medicare: “Worse Than Wrong, It Was A Mistake!” ~Talleyrand
Circle Squared 