“So long as they incorporate, businesses will now be free to trade in or exploit slaves, employ mercenary armies to do dirty work for despots, perform genocides or operate torture prisons for a despot’s political opponents, or engage in piracy—all without civil liability to victims.” More
ZeroHedge: We predict that within a week, all banks will halt every foreclosure currently in process. Within a month, all foreclosures executed within the past 2-3 years will be retried, and millions of existing home sales will be put in jeopardy. More
Stacy Summary: We look at the Walmart’s baby formula breadlines and Charlie Munger’s bailout blessings. In the second half of the show, Max goes to Washington DC to talk to sports writer Dave Zirin about the sports industrial complex.
Regulators in three U.S. states have started or widened examinations of how life insurers pay beneficiaries after a federal judge described MetLife Inc.’s marketing of asset accounts as “inherently deceptive.” More