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	<title>Counter Economics</title>
	<link>http://counterecon.com</link>
	<description>Critical Thinking Applied to Economics and Finance</description>
	<lastBuildDate>Mon, 21 Jun 2010 08:08:15 +0000</lastBuildDate>
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		<title>Why GDP Cannot Be Used to Measure Economic Benefit</title>
		<description><![CDATA[Fake Knowledge One of great falsehoods of modern economics is that the profession has a strong way of measuring the economic benefits that the economy produces. The way they do it is by combining all economic transactions within a country in a calendar year, and call it the &#8220;Gross Domestic Product&#8221; (GDP). When a doctor [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=counterecon.com&blog=1400196&post=1926&subd=counterecon&ref=&feed=1" />]]></description>
		<link>http://counterecon.com/2010/06/20/why-gdp-cannot-be-used-to-measure-economic-benefit/</link>
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		<title>Why is BP in Control of Oil in the Gulf?</title>
		<description><![CDATA[Who has the rights to the world&#8217;s oil? The major oil companies propose that most of the world&#8217;s oil belongs to them, and that the countries from which the oil is extracted deserve only a very small compensation for it. They also take ownership as soon as it is taken from the ground. The Problem [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=counterecon.com&blog=1400196&post=1916&subd=counterecon&ref=&feed=1" />]]></description>
		<link>http://counterecon.com/2010/06/14/why-is-bp-in-control-of-oil-in-the-gulf/</link>
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		<title>Give Corporations an Inch and They Take a Mile</title>
		<description><![CDATA[Corporations view the legal system as  longterm chess match, which they exploit to enhance their rights vs. citizens. They see themselves as apart from society, and their goal is to attain extraordinary rights at the cost of individual rights. Their ultimate goal is to checkmate individual rights so that individuals and smaller corporations are slaves to them. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=counterecon.com&blog=1400196&post=1907&subd=counterecon&ref=&feed=1" />]]></description>
		<link>http://counterecon.com/2010/06/07/give-corporations-an-inch-and-they-take-a-mile/</link>
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		<title>AIG Was Allowed to Select Its Own Regulator</title>
		<description><![CDATA[What the Heck? This video by Matt Taibbi is absolutely amazing. Taibbi describes how AIG opened up a single thrift in Delaware, and designated itself a thrift and was then regulated not by a body specializing in insurance (which was AIG&#8217;s main business), but by a regulatory body (The OTS), which had only one insurance [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=counterecon.com&blog=1400196&post=1902&subd=counterecon&ref=&feed=1" />]]></description>
		<link>http://counterecon.com/2010/05/08/aig-was-allowed-to-select-its-own-regulator/</link>
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		<title>The BP Disaster: A Conservative Model of Deregulation</title>
		<description><![CDATA[Another fine example of deregulation. I am sure Reagan and Friedman are very proud right now. Why Deregulation is Grand Conservatives think deregulation is a great idea. In fact, I cannot remember a single conservative supporting regulation. After all, government needs to get off of people&#8217;s backs, especially the backs of wealthy political donors like BP. In [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=counterecon.com&blog=1400196&post=1889&subd=counterecon&ref=&feed=1" />]]></description>
		<link>http://counterecon.com/2010/05/08/the-bp-disaster-a-conservative-model-of-deregulation/</link>
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		<title>Fake Charities</title>
		<description><![CDATA[You really wonder who is going to start a charitable foundation next. For years we heard from various sources how important charity was. However, after working for completely corrupt organizations like KPMG that also lauded charity and even had days where they would dedicate employee days to charitable events, we began to have our suspicions. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=counterecon.com&blog=1400196&post=1880&subd=counterecon&ref=&feed=1" />]]></description>
		<link>http://counterecon.com/2010/03/20/fake-charities/</link>
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		<title>Only A Socialists Would Refuse to Beat This Puppy</title>
		<description><![CDATA[A real conservative would be prepared to beat this puppy. This is because conservatives have what it takes to &#8220;make the tough decisions.&#8221; Why Supporting Puppy Beating is Necessary to Prove Oneself Every so often I hear the values of conservatives and proponents of capitalism. I hear that its important to support the following things: [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=counterecon.com&blog=1400196&post=1807&subd=counterecon&ref=&feed=1" />]]></description>
		<link>http://counterecon.com/2010/03/17/only-a-socialists-would-refuse-to-beat-this-puppy/</link>
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		<title>Conservatives Choose New Image That Demonstates Their Real Values</title>
		<description><![CDATA[&#8220;Sammy the Slave&#8221; is the new image of the American Conservative Institute. This shows how &#8220;traditional&#8221; conservative values really are. New Image With a Great Tradition! Some can say that it can be difficult to represent an entire philosophy or school of thought with just one image. However, with conservatism, I don&#8217;t think that is [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=counterecon.com&blog=1400196&post=1781&subd=counterecon&ref=&feed=1" />]]></description>
		<link>http://counterecon.com/2010/03/14/conservatives-choose-new-image-that-demonstates-their-values/</link>
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		<title>How a Conservative Economist Would View Rape</title>
		<description><![CDATA[The Warning by Frontline covers some of the obvious illicit activities that lead the financial crisis, and demonstrates that if even a bit of common sense had been used we could have avoided the meltdown. Background There is a very interesting segment on a Frontline episode called The Warning which is on the precursors to [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=counterecon.com&blog=1400196&post=1767&subd=counterecon&ref=&feed=1" />]]></description>
		<link>http://counterecon.com/2010/02/17/how-a-conservative-economics-would-view-rape/</link>
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		<title>Why Oil Is More Important Than Capitalism</title>
		<description><![CDATA[Capitalism&#8217;s Origins Capitalism is often discussed as if it is a recent invention. Even in Wikipedia, which I typically find a very reliable source of information, they state that capitalism has its roots in the activities of 9th to 12th century Arab traders. In Europe capitalism is generally thought to have arisen in the middle [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=counterecon.com&blog=1400196&post=1732&subd=counterecon&ref=&feed=1" />]]></description>
		<link>http://counterecon.com/2010/02/15/why-oil-is-more-important-than-capitalism/</link>
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