Emini Trading Update – Thursday 4 Aug 2011 (15:24)
Wow what a day. So much activity it was almost like a week’s trading compressed into a day. And the video is out a little late – I’ll add a second video with my day trades after this is published. So come back later if you’re interested in seeing those.
And here they are …
Emini Day Trades – Thursday 4 Aug 2011 (18:10)
Link of the day …
Rob Johnson, Roosevelt Institute, interviewed by Paul Jay (12:57)
Paul Jay of the Real News Network pulls off another great interview. About the 11:00 mark Rob Johnson talks about how dysfunctional Government can lead to seismic social shifts. I think the European bailout process in Brussels and Debt ceiling debate in Washington has shown how dysfunctional our Governments are and not able to solve critical problems. I wonder how long the citizens will tolerate this ineptness.
Why they didn’t do the obvious things (all OTC derivatives moved onto exchanges, reduce bank leverage ratios, re-instate Glass Steagall, etc.) is beyond me. Or is it like Rob Johnson says – the Governments are in the pockets of the bankers. What a miserable state of affairs.
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