Will Bob Corker Save the GOP?

April 7, 2015 by · Leave a Comment 

“Pat, sometimes it seems like our friends want me to go over the cliff with flags flying,” President Reagan once told me.

Today, it is “Bibi” Netanyahu and the neocons howling “kill the deal” and “bomb Iran” who are shoving the Republican Party toward the cliff.

The question, which may decide 2016, may be framed thus:

Should a Republican Congress meticulously point out the flaws and risks of this nuclear deal with Iran and, if the Iranians do cheat or attempt a breakout, be rewarded for their skepticism and statesmanship?

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Cost of Negative Bank Rates

April 7, 2015 by · Leave a Comment 

So you thought that the unimaginable could not happen. The signal is heard loud and clear. Keeping your money in a fiduciary account will not only earn no interest; there will be an actual cost of parking your funds in a bank relationship. The madness that has engulfed the financial sector is preparing to escalate the systematic looting of saved capital. Ponder the consequences of negative bank rates and ask, what exactly can anyone do or where can they place their money for safekeeping. The first objective of entrusting your funds to a financial institution is to have the ability to obtain access to the return of your capital.

Read the entire article on the “Corporatocracy” archives

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