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’s main business), but by a regulatory body (The OTS), which had only one insurance [...]
Posts Tagged ‘Goldman Sacks’
AIG Was Allowed to Select Its Own Regulator
Posted in Economic Conspiracy, tagged Goldman Sacks on May 8, 2010 | Leave a Comment »
Is Google a Monopoly?
Posted in Economic Regulation, Economics, Monopoly, tagged Google, Microsoft, Goldman Sacks, SEC on April 16, 2009 | Leave a Comment »
Understanding Monopolies Our last post on monopolies gathered good reader interest, so we thought we would delve into the topic of monopolies a bit more. The question many people ask is “Is Google A Monopoly?” For some reason, this seems of more interest to many people that asking say…if Bank of America is a monopoly. [...]
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 [...]
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 Goldman Sacks, Obama, Henry Paulson, Larry Summers, Citibank, Money Creation 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 [...]
Michael Hudson Hits It Out of the Park on The Bailout
Posted in Bailout, Economics, tagged Dean Baker, Goldman Sacks, Michael Hudson, SEC on February 12, 2009 | Leave a Comment »
When will people begin listening to the right economists. There is an army of economists out there which work for concentrated power and that are consistently wrong. They are called “Chief Economist” and work for this or that corrupt power structure. Meanwhile, two of the very best are Michael Hudson and Dean Baker are no [...]
Its Time to Privatize Our Nuclear Arsenal
Posted in Globalization, Misleading Financial Institutions, Privatization, tagged Citibank, Goldman Sacks, Hoover Institute, Milton Friedman, Obama, SEC on January 28, 2009 | Leave a Comment »
Our nuclear arsenal is the best in the world. We have close to 6000 ICBMs and 200,000 total nuclear devices. Its time to bring the benefits of privatization and the markets to our arsenal so this segment of the economy can benefit the way that our financial markets have benefited from unregulated chaos. Responding to [...]
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 [...]
The Future EndState Desired by Citibank-Goldman Sachs
Posted in Capitalism, Debt Peonage, Economic Conspiracy, Economic Inequality, tagged Citibank, Goldman Sacks, Slavery on January 23, 2009 | 1 Comment »
…..debt peonage and slavery. Also known as trickle down economics. Conservatives are always supporting different forms of slavery. Read more how everyone seems to want a slave. http://onhumannature.wordpress.com/2008/04/02/everyone-wants-a-slave/
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 [...]
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 [...]