A two minute excerpt from a 1979 Phil Donahue show where Milton Friedman talks about capitalism and socialism....

The Central State and Financial Plutocracy are bound in a mutually beneficial, highly predatory partnership.

The Mainstream Media is missing the Big Story in the SEC/Goldman Sachs filing: the Central State needs the predatory "too big to fail" investment bankers to churn out the credit, leverage and insider deals the State needs to survive in an era of exponentially rising debt.

Are you ready for the sequel to the blockbuster movie "Wall Street"? Shooting is scheduled to begin this week in Manhattan. The original film was shot in 1987 and co-starred Michael Douglas as the now infamous Gordon Gekko. The original movie was directed and co-written by Oliver Stone, who is also the director to the sequel.

At the annual Berkshire Hathaway meeting, Warren Buffett and Charlie Munger provide more nuggets about the efficacy of active management, the long-term outlook for capitalism, and the road to prosperity ahead.