Be careful about opening the mouth of a financial advisor, stock broker and so on. Unlike a Pez, that is not candy that is about to come out of their mouths.
When I look back, it is in utter amazement at the number of false statements I have been subjected to by financial advisors and [...]
Archive for the ‘Deliberately False Financial Information’ Category
Financial Advisors – Pez Dispensers but for Excrement
Posted in Deliberately False Financial Information, Investment Advice, Lauded Sources on November 26, 2009 | Leave a Comment »
The 6 Biggest Lies Peddled by Financial Advisors
Posted in Deliberately False Financial Information on November 25, 2009 | Leave a Comment »
Look at me. I represent a big firm, and I have a nice expensive suit. You can definitely trust me with your money!
The Way the Game Works
Financial advisors have a song and dance that they like to engage in when the acquire a new client. First they try to dress conservatively and communicate an [...]
The Negative Relationship Between Quality vs. Funding in Economics and Finance Reporting
Posted in Deliberately False Financial Information, Media Corruption on August 22, 2009 | Leave a Comment »
Conventional and wealthy media outlets are a good place to find out what Goldman Sachs and Morgan Stanley would like you to believe. In these magazines you can learn how the bailout is necessary to save “Main Street” and how executives and Wall Street stars deserve their exorbitant compensation. However, not all sources are corrupt [...]
Fake Statistics Pointed Out by Kevin Philips
Posted in Deliberately False Financial Information, tagged Kevin Philips on August 6, 2009 | Leave a Comment »
Something Rotten in Denmark
The first time I knew something was wrong with economics statistics is when I read that the inflation rate leaves out house prices over $400,000. However, I never considered how this related to the housing bubble. It’s interesting how we focus on numbers as a society, but very rarely ever noticing if [...]
Michael Hudson on the Propaganda of the Business Cycle
Posted in Deliberately False Financial Information, Economic History, tagged Michael Hudson on June 18, 2009 | Leave a Comment »
Deja Vu
Here we go again….every several articles or interviews that we read from Michael Hudson lead to upturning the commonly held beliefs that were inserted in our mind by our propagandized business education, business controlled media, conversation with others or all of the above.
Flimsy Sanity Interview
In this excellent interview with the Flimsy Sanity blog Hudson [...]
Final Stages of Financialization
Posted in Bailout, Deliberately False Financial Information, Economic History, Media Corruption, tagged CEPR.net, Michael Hudson, SEC on April 21, 2009 | Leave a Comment »
When the Elite Take Over
We have reached the final stage of this process – when the financial economy has very little to do with the actual economy. In this model, the financial economy is simply subsidized to continue to exist in its enlarged state. The original concept of the banking and financial system was that [...]
The Hoover Institute is a Front for Stanford’s Political Views
Posted in Deliberately False Financial Information, Economic Regulation, Misleading Financial Institutions, Think Tanks, tagged Donald Rumsfeld, Hoover Institute, SEC, Stanford on April 17, 2009 | 5 Comments »
Behind Stanford’s pleasant exterior is a facist political agenda which is evidenced by their funding and hosting of the Hoover Institute. Hoover is both directed Stanford (although they deny it) and is a false front for Stanford and other wealthy patrons who have a very undemocratic streak.
In an earlier article we noted that Hoover [...]
How Much Can Obama Do Before He Would Be Assasinated?
Posted in Currency, Deliberately False Financial Information, Depression, Economic Regulation, Mortgages, Political Responsiveness, Videos, tagged Citibank, Goldman Sacks, Henry Paulson, Larry Summers, Money Creation, Obama on April 13, 2009 | 2 Comments »
There was a huge focus on change during the Obama presidential campaign. However, after being elected, Obama had the opportunity, or at least the perceived opportunity to bring in fresh blood into the senior posts. However, Obama decided to select the same people from previous administrations. This was extremely concerning, particularly for the cabinet positions [...]
Nobody Actually Reads Adam Smith and A Wealth of Nations
Posted in Deliberately False Financial Information, Economic History, Economic Regulation, Economics, tagged Adam Smith, SEC on March 27, 2009 | 5 Comments »
Who Was Adam Smith?
Adam Smith was an economist who lived in the 1700s in Scotland had a great influence on economics through the writing of his book The Wealth of Nations. This book is quoted frequently by business majors and by conservatives as an explanation for how to setup an economic system. His most common [...]
Stanford Lowers Itself by Having the Hoover Institute
Posted in Corrupt Economists, Deliberately False Financial Information, Economic Regulation, Misleading Financial Institutions, tagged Donald Rumsfeld, Enron, Hoover Institute, Milton Friedman, SEC, Stanford on February 5, 2009 | 3 Comments »
The Hoover Institute has little to do with serious scholarship, and more to do with neo-con and ultraconservative ideology. Their research is clearly doctrinal and people with independent minds interested in real economics would be good to ignore the Institute’s ‘findings.” Real economists do perform research for them, but when they do, it is to [...]
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