What the heck? Financial reform or deformity?

All this bragging by the president of this amazing financial reform and then I read this in the Washington Times paper today: But as it made its way through Congress under the leadership of Sen. Christopher J. Dodd, Connecticut Democrat, and Rep. Barney Frank, Massachusetts Democrat, the bill accumulated hundreds of provisions unrelated to its [...]

By |2010-07-16T17:07:05-04:00July 16th, 2010|Uncategorized|0 Comments

Financial Reform Bill: Bank Lobbyists too Big to Fail, but Fed Can Spy on YOU!

Far from being an effective measure that protects anyone but the banks, the Senate's Financial Reform Bill is itself a testament to the power of money. Two thousand banking lobbyists descended on Washington to ensure that any effective restrictions on banks' power and guaranteed profitability were stripped away. They succeeded. The bill does virtually nothing [...]

By |2010-06-06T19:36:27-04:00June 6th, 2010|Federal Reserve, Uncategorized|1 Comment

The Financial Condition of the World: Excepts From the Mainstream and Alternative Financial Press (Part III)

In this final installment, I want to emphasize the connection between economics and politics. In my mind the two are interwoven and inseparable. Economics is about who produces what, and politics is about who gets to keep it. The political system is exactly as virtuous as are the people who comprise it. Activity in the [...]

By |2010-06-04T22:38:57-04:00June 4th, 2010|Constitution, Elections, Uncategorized|0 Comments

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