December, 16, 2008 For those of you that have been shocked by the fraud committed by former US NASDAQ Stock Exchange Chairman Bernard Madoff in running a Ponzi-scheme disguised as hedge fund that will create an estimated USD $50 billion of losses for investors, you shouldn’t be. Why? Because we all accept and enable a … Continue reading An Exploration of Madoff’s $50 Billion Ponzi Scheme Will Unveil the Root Causes of this Global Monetary Crisis
December 8, 2008 Within the past couple of months, there has been a lot of discussion regarding US Treasury Secretary Hank Paulson’s allocation of half of the initial tranche of $700 bailout money, with many describing his spending of $350 billion thus far as appalling, disappointing, and even shocking. During a US Congressional hearing that … Continue reading The Great Depression – Is it the US Treasury’s “Playbook” for the Current Monetary Crisis?