Stacy Summary: The Truth About Markets. We talk about the London riots, market meltdown, the holy dial tone and more.
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UPDATE: Notice that due to PUBLIC wrath, the justice system is working overtime through the weekend to lock up rioters. The wheels of justice can move if the people demand it. So name me one single banker in London that has been arrested and tried for the fraud that saw TRILLIONS stolen from pension funds around the world? The fraud that directly caused the financial collapse that has resulted in millions losing their livelihood? London is THE beating heart of this global financial fraud, so why have none of those responsible been arrested? Why have the population not demanded their expenses-cheating politicians at least give us a whitewash inquiry? Even Lord Hutton will do! The fact is, however, that the British people are mindful of the fact that banker looting benefits them at the expense of hundreds of millions of other people around the world who have had their national wealth and sovereignty transferred to the safe haven of London. [News today: Russian banker steals billions and flees to . . . London, of course.]
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