IOUSA is a movie produced by concentrated power to pave the way for policy changes that benefit the ultra wealthy. Its crooked agenda went unnoticed by the Sundance Film festival where it won an award. It is award worthy, it is the best financial propaganda film of 2009. IOUSA This is a well produced video [...]
Archive for the ‘Media Corruption’ Category
Review of IOUSA
Posted in Media Corruption on August 29, 2009 | 1 Comment »
The Negative Relationship Between Quality vs. Funding in Economics and Finance Reporting
Posted in Deliberately False Financial Information, Media Corruption, tagged DollarsandSense.org, Michael Hudson 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 [...]
Nice Explanation of Think Tanks by SourceWatch
Posted in Corrupt Economists, Media Corruption on July 25, 2009 | Leave a Comment »
Who is SourceWatch SourceWatch is one of the most important sources of background information about think tanks and other organizations. While most organizations do not declare their affiliation or bias (all claim to be unbiased) SourceWatch does not let them get away with it. Almost any organization that publishes can be found on source watch. [...]
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 [...]
The Epidemic of False Information in Economics and Finance
Posted in Deliberately False Financial Information, Economic Bubbles, Economics, Investment Advice, Media Corruption, Yield Disparity, tagged CEPR.net, DollarsandSense.org, Enron, Goldman Sacks, Michael Hudson, Naomi Klein, SEC on January 26, 2009 | 1 Comment »
Wouldn’t it be nice if deliberately misleading and biased economics and financial information released by concentrated power came with this warning label? We think now is an appropriate time point out the massive amount of false information that surrounds all of us. Here are a few of the main sources: Academics: Focuses on teaching overly [...]
BusinessWeek Gets Mortgages Wrong
Posted in Media Corruption, Mortgages, tagged Enron on January 26, 2009 | Leave a Comment »
This is an exerpt from the Guardian of the 25 people most responsible for the financial crisis. “Lewis Ranieri The “godfather” of mortgage finance, who pioneered mortgage-backed bonds in the 1980s and immortalised in Liar’s Poker. Famous for saying that “mortgages are math”, Ranieri created collateralised pools of mortgages. In 2004 Business Week ranked him [...]
American Media: Megaphone for the Ultra Wealthy
Posted in Corrupt Economists, Economic Regulation, Media Corruption, tagged Goldman Sacks on January 10, 2009 | Leave a Comment »
Listen to the conventional media megaphone so you can learn what is important to GE, Goldman Sacks and Nike. We as citizens are expected to hold personally important what is important to large power interests. Something the last 10 years at least has demonstrated, the more you listen to conventional media outlets, the worse your [...]
Kevin Philips on The Financial Crisis
Posted in Economics, Media Corruption on January 8, 2009 | Leave a Comment »
Kevin Philips of all writers either best understands or is one of the few that best understands the current crisis and its basis. Here Kevin is promoting his book Bad Money, which was published in 2008. However, Kevin Philips wrote a book called Arrogant Capital. http://www.amazon.com/Arrogant-Capital-Washington-Frustration-American/dp/0316706027 In this book he predicted many of these things [...]
Amazingly Ridiculous Propaganda on Goldman Sachs
Posted in Media Corruption, Videos, tagged Goldman Sacks, Henry Paulson on December 8, 2008 | Leave a Comment »
To believe this video, the corrupt money focused people who were instrumental in getting the US into this crisis, will help us get out of it. Not discussed is how Paulson illegally changed tax law to benefit his Wall St. friends, and how banks are already using the federal funds for purposes that violate the [...]
The Real Inflation Rate vs the Government Version
Posted in Corrupt Economists, Deliberately False Financial Information, Economics, Media Corruption, tagged CEPR.net, Dean Baker, Goldman Sacks on October 17, 2008 | Leave a Comment »
Abstract: Kevin Philips new book, as well as work by the CEPR on the Social Security scare have shed light on an important topic, which is the government statistics on inflation. What is very interesting is the actual inflation rate vs. the real inflation rate. The interested parties in understating the inflation rate are not [...]
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