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This Week’s Two Most Interesting Headlines

Uncategorized July 20, 2012

This week there were two pressing stories of note. One pertained to comments by David Stockman, the former director of the Office of Management and Budget under the Reagan administration, who has been extremely vocal and critical of our unsustainable spending and national debt. In the video, which you can see here, he states we are heading towards an even greater recession, chaos and paralysis. The other story is in regard to the LIBOR scandal in which bankers openly and with blatant disregard for the law manipulated key interest rates which cost pensioners and investors countless sums of money. A short video regarding this latest criminal act involving most of the major financial institutions and whether any banker will ever truly be held accountable is here.