Jubilee Year

U.S. Debt Watch: Paths to Repudiation

He is correct in his One Big Idea: debt will be repudiated, because the people are getting fed up.

Big Banks vs. America

Absolutely brilliant common sense. Bravo, and thank you. I particularly liked this gem: "Come to think of it, President Obama should think about banning lobbying by any company participating in the TARP."

Starting over, resetting the broken financial system, is exactly what we need. I could not agree more, but few people are willing to face what that fully means.

Contemplating the Demise of Bank of America, Citi and JPMorgan

Netflush, wake up. Your common stocks are worthless, these banks are insolvent. "Seizure of equity position without compensation" only makes sense when you have an equity position.

This isn't some Third World socialist dictator arbitrarily nationalizing an industry out of ideology. They are being nationalized because their fall threatens the fabric of our economy.

Contemplating the Demise of Bank of America, Citi and JPMorgan

Spot on, copperbaron. People are brainwashed on a deep level.

How Do You Recapitalize $1.8 Trillion in Bank Loan Losses?

So, now that we know the world's banking system is totally broken and insolvent, why not just hit the reset button: cancel all the debt and start fresh.