“We had to struggle with the old enemies of peace–business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering.
They had begun to consider the Government of the United States as a mere appendage to their own affairs. We know now that Government by organized money is just as dangerous as Government by organized mob.”
Franklin D. Roosevelt
“Why is JP Morgan getting so much heat? Maybe because it is a massive international crime syndicate.”
Matt Taibbi, Talking JPM With Sam Seder
New consumer price index data (for urban consumers) is out. Be sure to change the dates to look at just the past year… it’s enlightening. Have to love that “deflation” the media so loves to tout.
http://research.stlouisfed.org/fred2/series/CPIAUCSL