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 [...]
Posts Tagged ‘CEPR.net’
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 »
Unconstitutional Fed Makes International Banking Cartel Happy
Posted in Banking, Currency, Economic History, Economics, Misleading Financial Institutions, Videos, tagged Alan Grayson, CEPR.net, Goldman Sacks, Henry Paulson, Hoover Institute, Ron Paul, SEC on April 13, 2009 | 1 Comment »
What would you do if you learned that your government had outsourced its central banking function to a private company? Furthermore that this company had only a loose affiliation to the government, and that the government have very little oversight into this entity both in terms of controlling its behavior and being able to see [...]
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 [...]
Walking Away from Mortgages
Posted in Banking, Deliberately False Financial Information, Economic Regulation, Investment Advice, Mortgages, Real Estate, Videos, tagged CEPR.net, Henry Paulson on January 15, 2009 | 2 Comments »
(picture from http://boicemail.blogspot.com/2007/05/may-7-2007-newsletter.html) While banks are begging for and getting money to cover their losses, what has been must less discussed is whether homeowners will be offered debt relief. Henry Paulson, the Secretary of the Treasury has stated that the number one thing the government can do for the average American is “stabilize the banking [...]
Reverse the Bailout: Arrest and Prosecute Henry Paulson
Posted in Deliberately False Financial Information, Economics, Videos, tagged CEPR.net, Citibank, Dean Baker, Goldman Sacks, Henry Paulson, Michael Hudson, Naomi Klein, Obama on January 14, 2009 | 2 Comments »
As more information has come to light about the bailout it has become apparent that Secretary of Treasury Henry Paulson is non simply incompetent, as originally thought, but is acting in ways that are illegal and counter to the public interest. The effects of Paulson’s actions promise to negatively reverberate in this country for decades [...]
Missing the Real Estate Bubble
Posted in Real Estate, tagged CEPR.net, Dean Baker on December 3, 2008 | Leave a Comment »
Dean Baker at the CEPR has written relentlessly on the obviousness of the real estate bubble, and that Alan Greenspan and the various Department of Treasury Secretaries among a cast of others did nothing to counteract it. Now the guilty parties would prefer that the historical understanding be that no one could have seen this [...]
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 [...]
Politics in Economics Writing
Posted in Currency, Economics, Media Corruption, tagged CEPR.net, Milton Friedman on January 11, 2008 | 1 Comment »
Abstract Economics portrays itself as an objective analytical framework. However, due to those that fund the work of economists this is far from the case. Economists receive funding from concentrated power which perverts the profession totally. In this post we describe these conflict and the shoddy propaganda that passes for economics that is generally practiced. [...]
Center for Economic Policy Research
Posted in Economics, Reference Articles, tagged CEPR.net on January 11, 2008 | Leave a Comment »
Abstract The CEPR is one of our first sources for information. The CEPR is practicing actual economics, not merely economics for the wealthy and not merely mouthpieces of concentrated financial interests. Center for Economic Policy Research – One of the few truly independent economic sources for information. They were one of the only economic based [...]
Technology Bubble and the New Economy
Posted in Economic Bubbles, Reference Articles, tagged CEPR.net on January 11, 2008 | Leave a Comment »
Abstract Reverse the timeline back to 1999, the media was abuzz with news of the “new economy” and outrageous stock valuations. What really happened to productivity during this time, and why has it been so quickly forgotten? Furthermore was this actually a productive period for the economy vs. other periods? In 1999 the business community [...]