No News is Bad News
Why aren’t more TV talking heads debating the likelihood of a global economic meltdown? Of course, this is an election year and the media are preoccupied with the cat fighting and backbiting of...
Tagged: global finance
The Real Financial Crisis
Scary things are happening in the world of international finance. Greece is broke. Computers that run the New York Stock Exchange, United Airlines and the Wall Street Journal are mysteriously malfunctioning… Sounds bad,...
The Running of the Bulls
As America braces for a Republican Congress, Wall Street is already reaping its reward for funding the midterm election winners. First to go are some of the curbs on the kind of reckless trading...
How Does China Do It?
A Chinese e-commerce company named Alibaba – something like eBay and Amazon wrapped up in one package – set records with its massive multi-billion-dollar IPO on the New York Stock Exchange this morning. And...
America Could Lose its Privileged Position in World Finance
The local TV channels were showing baseball and football games last night, and the big story in this morning’s local paper is about an unexpected surplus in the state budget. Here in Lakeland, Florida,...
One World Government? It’s Already Here.
The crazy right’s darkest fears include fantasies of a New World Order in which America’s “national sovereignty” is lost. From that premise comes visions of black helicopters, underground prisons and other scenarios from science-fiction...
The Key to Prosperity is Growth, Not Austerity
Obviously, spendthrifts will not thrive. My mother gave me a simple rule she advised me to follow, and it goes something like this: Income $20, expenditures $19 equal financial success; Income $20, expenditures $21...
Mainstream Media Failing us in the LIBOR Scandal
There are some stories that inherently attract readers and others that do not inherently attract readers but are so important that they must be told in a way to grab the public’s attention. Good...
If Plundering the World is Not a Crime, What is?
It seems clear to me that criminals have infiltrated and subverted the world’s economic and financial systems and that governments are either complicit in this “crime of the century” or powerless to do anything...
The Fatal Flaws in Ron Paul’s Radical Message
Every once in a while, a comment pops up from someone who stumbled across a blog I wrote weeks – or even months – ago, and I wish the person making the comment had...