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Posts Tagged ‘Goldman Sacks’

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 [...]

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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. [...]

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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 [...]

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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 [...]

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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 [...]

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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 [...]

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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 [...]

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…..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/

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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 [...]

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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 [...]

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