Damon Vrabel: Money, Myth, and Machiavelli

http://csper.org/renaissance-20.html
Damon Vrabel:

The power delivered to a small group of people by our current privately controlled monetary system is unmatched by any source of power in history. This video reveals the secret that nobody else bothers to point out that explains why everyone in the system is basically controlled by the most senior capital holders behind the elite banks, and why even senior government officials do their bidding while letting them get away with the biggest crimes in history.

Understanding the basic structure of the system also reveals why Ellen Brown’s notion of commonwealth banks is a necessary complement to our current private monetary system.

TOP - Are we there yet?

Check out: http://evilspeculator.com/?p=18124

Seth Klarman

Seth Klarman -

Essentially, the problem is that government intervention interfered with the lessons investors needed to learn. Those who stared into the metaphorical abyss are right back at it, with the possible exception of college endowments, for whom the pain has been long lasting because of their spend rate. Almost everybody else is drinking the Kool Aid again, and it is very troubling. We could have another serious collapse, and people would again not be prepared for it.

http://pragcap.com/deep-thoughts-from-seth-klarman

http://rghost.net/download/2683758/d6e05e10410676bd74d69ecd91e171cd654d4b91/Seth-Klarman-CFA-Conference-2010.pdf

The myth about Buffet

http://pragcap.com/the-many-myths-of-warren-buffett

TRR for Sep 2010

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