Patrick Byrne: Overstock.com CEO right on the ball!

Patriot first and Overstock.com CEO second, Patrick Byrne has been forecasting the collapse built on fraud and corruption in the financial system for many years. When was the last time you saw a CEO concerned about his country? When was the last time you saw a CEO of a public corporation get it right when it came to economic forecasts?

Patrick Byrne has been running a site called Deep Capture wherein the regulators have been 'captured' by the people that the regulators are supposed to be regulating. Phew! What a mountful! Furthermore, he talks about all the financial shenigans such as naked shorts, phantom stocks, and going down the rabbit hole deeper and deeper and finding more and more corruption!

Patrick Byrne's 'take it to the bank' forecasts


Folks, you might be buying counterfeit stock shares. The big boys may have flooded the stock market with phantom stocks which you may be buying from your stock broker! Investigations do not happen into the privately owned trading outfit which handles trillions of dollars in trades (96% of all trades) per day. It's all a secret. No one is supposed to find out. There are talks of grandfathering all the fraud. Is the fraud so large? No one knows... All this in his interview back all the way in 2007 with

[Audio .asx] Patrick Byrne discusses the phantom stock market with Jim Puplava 03-31-2007.

Notice the difference between Patrick Byrne and the other guys:

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$400 Million to Rate Crap?

Why are we bailing out rating agencies? What toxic assets do they hold? They're a service based organization. They're not an asset based! Someone explain this to me!

[Article] $400 Million in bailout money to crappy rating companies that didn't rate crap as crap?

The other side of Dubai.

What do you expect from a place where Halliburton makes its home? This article reveals the underbelly of Dubai.

Slavery is alive and well. Most revealing is people enslaving other people if given the ability to do so. Workers get their passports taken by their employers. Regular people have maids, nannies, and servants. Guess what they do with their employees passports the first chance they get?

All the water in Dubai comes from the ocean making water very expensive. Immense amounts of fossil fuel has to be burned in order to produce desalinatd water. Mismanagement of services like sewage treatment means excess sewage from a growing city gets dumped into the ocea, amongst some of the most expensive an luxurious real estate in the world.

[Article] The Dark Side of Dubai