I didn’t plan on watching the whole talk by Economist Michael Hudson but, as an old MBA student, I couldn’t let go.
Jun 222012
Jun 172012
The ascertain here is that during the housing/derivative/financial crisis, bailing out the banks was NOT the ONLY solution. It was merely the best solution for banks that by-and-large caused the crisis. The victims of the crisis, the home owners, did not benefit from the bank bailout. Their debt remained essentially the same.
Mar 172012
Nobel economist Paul Krugman argues that the GOP’s goal of increasing U.S. oil production will not help gas prices. The logic is simple:
Mar 162012
Minimum wage workers cannot afford a two-bedroom apartment at “Fair Market Rent” by working a standard 40-hour work week in ANY state in the U.S.
Mar 042012
Matt Taibbi of Rolling Stone magazine wrote a scathing piece for the OWS movement about widespread illegal practices committed by Bank of America, and how all of us, particularly the U.S. government, have been facilitators in B 0f A’s larceny. Taibbi is a very knowledgeable, smart reporter on economic issues, and his piece stirred in
Feb 152012
Totally brilliant! Point after point after point, I was enthralled by Napolitano’s rant. Thanks Judge! Fox Business Network Cancels Judge Andrew Napolitano’s Freedom Watch – Hit & Run : Reason Magazine.
Feb 052012
City of Berkeley recently announced plans to remove all financial assets from the city’s current banker, Wells Fargo–a withdrawal of approximately $300 million.
Feb 012012
Using historical data, Richard Wilkinson illustrates how income disparities WITHIN a society are strongly correlated with poorer general health, shorter lifespans, increased violence, less upward mobility, and much, much more. Quite shocking. Economic inequality matters.
Jan 312012
Dylan Ratigan, of MSNBC’s “The Dylan Ratigan Show,” and author, of Greedy Bastard$! is interviewed by Quentin Hardy, Deputy Technology Editor, The New York Times.
Jan 292012
Bill Moyers interviewed former Citigroup chairman John Reed about the financial crisis. When asked about government regulation, he replied with this about cars and brakes (paraphrased): Reed: Why does a car have brakes? Moyers: To stop. Reed: NO! A car has brakes so you can go FAST. Imagine if you had a car without brakes–and