http://www.moMoneyTV.com — So, the government engineers a short squeeze in the financials right as Merrill Lynch’s CEO John Thain claims emphatically that Merrill Lynch wouldn’t require any additional capital or write-downs. Only days later, everything seems to have changed for Merrill, as Thain suddenly announced that they just raised another BILLION in capital! More rants and raves from the global elite on the wonderfully exciting kleptocratic cheatocracy under which we live.

Books available at http://www.vlogolution.com/books:
“Mobs, Messiahs, and Markets” by William Bonner and Lila Rajiva
“The Revolution: A Manifesto” by Ron Paul

Music: “Noite de Carnaval” by HisBoyElroy

Notes/Links/Transcript: http://www.momoneytv.com/vlog/moMONEY/20080811.html