Yanis Varoufakis Discuses Bitcoin and Litecoin on RT
Yves here. Yanis makes a couple of observations which won’t sit well with digital currency enthusiasts.
Read more...Category Archives: Ridiculously obvious scams
New Zealand’s Latest Dodgy Export: Why FX Investors Should be Wary of Software Sold by Irish Company Paymark Autotrader
A dubious FX trading software operation closes down in New Zealand and sets up shop in Ireland.
Read more...How a British Carbon Credit Pusher Got a Listing on a Danish Stock Exchange, Brokered by a New Zealand Financial Company Run by an Australian Residing in Switzerland
How a British Carbon Credit Pusher Got a Listing on a Danish Stock Exchange, Brokered by a New Zealand Financial Company Run by an Australian Residing in Switzerland
Read more...CNI (UK) and its Lawyers Complain to Blogs, But Appear to Shy Away From the Daily Mail
CNI (UK)’s confusing attitude to its connections with Carbon Neutral Investments, service provider to carbon scams
Read more...Another Lurking Obamacare Problem: Balance Billing
One of the proofs that Obamacare is really about helping insurers and Big Pharma rather than ordinary Americans is its failure to do much about the seamy practice known as balance billing.
Read more...What Nobody Seems to Understand About Bitcoin
This has been around a couple of weeks, but I managed to miss it, and I suspect many NC reader might have as well. Plus we can always more levity. God knows we need it.
Read more...David Dayen: IRS Confirms that $12 Billion in “Mortgage Relief” in National Mortgage Settlement Completely Worthless
The IRS settles something I noticed a while ago and has now been finally confirmed. In short: big banks who robbed homes from Americans got a penalty that entailed, quite literally, giving homeowners worthless allowances.
The issue concerns the Mortgage Forgiveness Debt Relief Act, which expires at the end of the year. After December 31, all mortgage relief that involves debt forgiveness of any kind will be taxable to the borrower. This affects principal reductions, of course, but also short sales, with the idea being that this involves the bank “forgiving” the difference between the total owed on the mortgage and the price of the short sale. There are hardships exemptions to this but they involve the functional equivalent of bankruptcy – you have to prove that your total liabilities exceed your total assets.
Read more...Gemmax Solutions’ Belated Admission About Carbon Credits Bought by Retail Clients of Gemmax’s Brokers
Carbon credit clearer Gemmax Solutions admits that it can’t clear carbon credits, and hasn’t been able to, for nearly a year.
Read more...Paul Seakens of Gemmax Solutions Limited Takes an Idiotic Pop at “Naked Capitalism” and “redd-monitor”
Paul Seakens of Gemmax Solutions Limited Takes an Idiotic Pop at “Naked Capitalism” and “redd-monitor”
Read more...Michael Olenick: Comprehensive Review of ObamaCare Plans Reveals Not Only High Cost for Atrocious Coverage, but Also Apparent Violations of ACA Requirements
After five weeks healthcare.gov presented insurance policies for my family to purchase. No wonder the website was dark for so long: the plans are expensive, atrocious, and the insurance companies look like they are cheating.
Read more...Surely the Lotus F1 Team Isn’t Just Slinking Quietly Away From Its Embarrassing Team Partner, AGT?
Lotus F1 quietly drop AGT from their Official Team Partner list just after Naked Capitalism tells the world that AGT’s a scam.
Read more...Yanis Varoufakis: Ponzi Austerity – A Definition and an Example
For a while now I have been arguing that Europe’s policies for reducing the public debts of fiscally stressed member-states can be described as a Ponzi austerity scheme. In this post I attempt precisely to define ‘Ponzi austerity’.
Read more...The UK Insolvency Service’s Oddly-Timed Carbon Scams Press Release Highlights Its Own Slow Response
A sceptical look at anti-carbon-scam enforcement activities in the UK.
Read more...Newcastle United FC, Bloodhound SSC, Glitz, Glam and Police Raids: a Last Look at the Remarkable Double Life of Carbon Neutral Investments Limited (CNI)
A last look at the lovely contact list of scammers’ friends, Carbon Neutral Investments Limited
Read more...The Lotus Formula 1 Team, Its Embarrassing Partner, Advanced Global Trading of Dubai, and Carbon Neutral Investments
On the Lotus Formula 1 team’s unfortunate entanglement with Advanced Global Trading of Dubai.
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