The latest BullionBuzz Magazine is out. A featured article by Matt Taibbi discusses how high finance is really low finance in America. Here is an excerpt: "Taibbi tells the shocking story of how America’s biggest banks are ripping off US cities with the same type of predatory deals that crippled Greece. In particular, he chronicles how Birmingham, Alabama has been brought to its knees through the building of an elaborate new sewer system financed by financial wizards like JPMorgan Chase, Goldman Sachs, Lehman Brothers and Bear Stearns. In essence, a mob of corrupt local officials and morally absent financiers got together to build the “Taj Mahal of sewer-treatment plants”, a monstrosity that resulted in billions of dollars of profit for Wall Street and misery for the people of Alabama." Read the Buzz here: BullionBuzz