GE Fraud Bigger Than Enron

fraudStephen Lendman – Enron Online became the first Internet-based commodities transaction system. 

It rescinded regulations in place since 1922. Derivative scams went wild. 

Enron fleeced investors and energy purchasers with impunity until its house of cards collapsed. 

Then-Fed chairman/maestro of misery Alan Greenspan endorsed derivatives — falsely calling them a way to share risks, ignoring unprecedented speculation with these instruments. 

They turned the 2008-early 2009 economic downturn into a Great Depression for most households, exacerbated by neoliberal harshness.

Economic hard times continue for most US households. Maybe another sharp leg down is coming — turning America more into a nation of paupers than already, while privileged interests get richer at their expense.  Continue reading

Recount Madness, California Fires, Credit Crisis Coming [Video]

General ElectricGreg Hunter – The Recount has hit a whole new level for the 2018 Midterm elections in voter fraud prone Florida. It looks like Ron DeSantis will be the next governor, but the race between Scott and Nelson is coming down to the wire. Democrats say every vote should be counted, but not when they are illegal aliens and dead people.

California wildfires are still not under control, but long after they are, the citizens of the Golden State will feel the financial effects. It will cost at least $30 billion and will likely bankrupt the state’s biggest power company. Then there are the mudslides coming in the next rainy season. With vegetation burned to a crisp, what is going to hold the dirt in place? The answer is “not much.” Continue reading