Tag: financial crisis

corruption disaster capitalism economics Politics shock The Corporation
October 29, 2008

Iceland: A Victim of Economic Larceny

I don’t think the little nation of Iceland entered the news much before September 2008.  When it did, it was depicted as iconic in its efforts to purchase hydrogen buses, run everything on geo-thermal energy and the home land of Bjork. Now, it’s the victim of economic larceny . The people of Iceland are being forced to pay 18% interest on their debts in order […]

corruption financial crisis The Corporation
October 28, 2008

How pirates fashioned our financial crisis

For those of you who don’t read the Star, I thought this was a great piece , as it added a very unique spin to the whole financial crisis and why our corporations are the way that they are. After seeing The Corporation several years ago, I understood their point that there was some kind of psychosis that was driving this institution.  However, when you […]

corruption disaster capitalism economics US economy
October 28, 2008

JP Morgan Responsible for Financial Crisis?

Please note that any of these blog posts or opinions do not reflect investment advice and any action that you choose to take related to investing should be done so after discussing your ideas with a professional investment advisor. Original link This piece is pretty deep in its accusations concerning the financial crisis that we have had no choice but to become obsessed with.  I […]

corruption disaster capitalism economics Politics shock The Corporation US economy
October 28, 2008

Paulson’s Plan and the Sucker Who Bought It

Original story here . Folks, this bailout money isn’t about loosening credit for consumers or businesses, but consolidating wealth and power in fewer and fewer banking hands. That’s great business for the banking elites, but lousy business for the US taxpayer. And it’s all being orchestrated by one of their own, in the shape of Hank Paulson , ably assisted by Neel Kashkari , another […]

corruption economics Politics shock US economy
October 27, 2008

The Race … for a Share of the Porkbarrel Bailout

In the US, the race to the porkbarrel has begun .  Companies, lobby groups, consultants and other ‘experts’ are lining up at the trough to stuff themselves with US taxpayer cash. And you’d better damn well hurry because the Chinese are going to start calling loans and the cash will run out soon!! Ah, who am I kidding?  Unless you’re a good buddy to Bush […]