What an amazing talk by Lawrence Lessig! I think this describes the in and out of corruption in US congress and not only is it exposed bare naked, but he actually lays out a plan to stop it without a possible equivalent of french revolution! A must watch to understand politics of U S A. [...]

For the last decade and half or so, many of the US banks have become beat-up horses for me. If you have not been monitoring your checking account carefully and ended-up paying overdraft fees to banks, you may have been fleeced — by your bank. Here is an actual account. No further explanation needed.

CitiBank has no business being in business. It failed as a business at least three times in the last twenty years. Got bailed out each time. Not only that, like many other banks where fraud is a business model (thank you, Karl Denninger), Citi got caught committing fraud several times. Each time they were caught, [...]

Unbelievable scene, isn’t it?
For years I have been ranting against the unethical behavior of big banks and Wall Street interests. I have been warning about the impending pitch-forks and torches on the main street. This prediction has manifested in the form of Occupy Wall Street exactly two months ago. On September 29th I wrote: And [...]