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RealEconTV

Business news without the bullshit

There is nothing complicated about this

"It's wrong to steal, it's wrong to defraud"

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Cutting through the BS with Karl Denninger

The lame stream news media which is nothing more than a spokesman for corporate corruption does one of 3 things:

1. They ignore the story

2. They lie about the facts

3. They make simple issues seem hopelessly complicated so that corporate and government criminals can carry on while everybody else debates over nothing.

Karl Denninger, former Internet services company owner and now full-time trader, is very good at cutting through all the bullshit.

Bottom line: crimes were committed... by banks... by regulators... by government officials and people need to be prosecuted and go to jail.

This may not solve the cataclysmic problems these un-indicted felons have created for the world financial system, but it will make clear what is acceptable and not acceptable behavior in the future. Right now we are living in an environment where if you have the money literally anything goes.