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Today’s Ebook – The Mystery of Banking

Today’s featured ebook download is The Mystery of Banking (1.48 MB, 320 pg) – Although first published 25 years ago, Murray Rothbard’s The Mystery of Banking continues to be the only book that clearly and concisely explains the modern fractional reserve banking system, its origins, …

Things that the bailout should include

The government bailout of the big Wall Street banks has yet to pass. Congress is holding out because they just can’t agree on the terms of the bailout. Unfortunately, with every day that passes these banks get closer and closer to failure, and …

HSBC is feeling the sting of the American mortgage crisis also.

European bank HSBC reported a 29% drop in first half profits. In the same half in 2007, HSBC posted a $10.9 billion profit, while in the same half this year they posted a $7.7 billion profit.
HSBC holds Household International Inc. partially responsible for the …