Thu 2009-01-15 00:00 EST
Jesse's Café Américain: Are Markets Naturally Efficient? Are All People Naturally Rational and Good?
good; Jesse's Café Américain; Markets Naturally Efficient; People Naturally Rational.
Thu 2009-01-15 00:00 EST
Jesse's Café Américain: Goldman Sachs Offshores Its Profits and Reduces Its Taxes to 1%; ``globalization has become just another enabler, wherein multinational financial corporations can play a larger set of jurisdictions and peoples against one another for the benefit of an elite minority.''
1; Goldman Sachs Offshores; Jesse's Café Américain; profits; reduce; tax.
Fri 2008-12-12 00:00 EST
THREE STUPID GENIUSES: GREENSPAN, RUBIN and SUMMERS, by Elaine Meinel Supkis << Culture of Life News; Japanese carry trade; the dangers of long, long depressions caused by people inheriting wealth; Ayn Rand; kill the lower classes off, clip coupons and marry each other and concentrate wealth more and more in the hands of fewer and fewer people.
Culture; Greenspan; Life News; Rubin; stupid genius; summer.
Tue 2008-09-09 00:00 EDT
``We all understand that there is a political class which dominates in America, and that Sarah Palin for damned sure is not one of them. And the more she is attacked by liberal Democratic elements (translation: elite highly-educated big city people) the more America's working mooks will come to her defence.''
Sun 2008-08-24 00:00 EDT
Winter (Economic & Market) Watch >> Here They Go Again; many early subprime modifications failing; banks which ``moved early and aggressively to deal with this in terms of raising new capital, foreclosing instead of restructuring, and tightening down early on lax credit, may be the last people standing''; loss severity increasing; ``third quarter is going to be an unmitigated disaster for the financial sector'', ``foreign money will move in a big way to gobble up American assets''
Sun 2008-07-06 00:00 EDT
Jesse's Café Américain: Lessons from the Panic of 1907: "almost all panics and crashes are preceded by sustained periods of artificial growth, not based on improvements in productivity, but by a false expansion in the money system, aided and abetted by speculators and financiers." "almost all panics and crashes involves relatively small groups of people who seem to be at the heart of the matter, and are closely interlinked into small cartels of corrupted self-dealing, involving the accumulation of enormous personal fortunes." "always the overextension of credit and excessive leverage" "A free and just society is not a prize to be won or a gift that can be bestowed; it is a recurring commitment, an enduring obligation."
Mon 2008-06-23 00:00 EDT
Sam Bowles argues people ofen act against self-interest for common good, economic institutions ignore or undermine intrinsic moral behavior
Fri 2008-02-15 00:00 EST
by Elaine Meinel Supkis; in comments: "people can't credit a handful of intelligent and very directed and motivated people who desire to launch a war...The 'leaders' mill around, hoping for excuses to draw the sword and attack. But the sort of people who launched the 9/11 attacks were classic in their organization and the way they carried out their plans. The US contribution was to ignore them, not interfere with them and to let them do as the attackers wished. The DESIRE of Bush for an attack was very great."
Tue 2008-01-22 00:00 EST
by Elaine Meinel Supkis; "When Britain and France used the Long Depression to expand their empires, both Germany and the USA used this time frame to build rail roads, ports, navies, farms, factories and educational centers. As France and England denuded their home states to increase invasive military power that took in the raw resources of the world, their people got weaker and their incomes fell and they went hungry and in rags in slums or fled their homelands to the New Worlds."
Lone Ranger's Silver Bullet Rate Cuts Saves Markets; money matters.
Fri 2008-01-04 00:00 EST
"people could enjoy the fruits of technological progress with a mixture of increased leisure and a more congenial and relaxed working life"
Wed 2007-12-19 00:00 EST
- Matt Taibbi on How the U.S. Is Like Ike Turner - The Essential Online Resource for Los Angeles; "you don't see...the money process that goes on behind the scenes"; "The people in our government are so corrupt and so interested in doing favors that they cant even respond to an emergency anymore, like Katrina or like Iraq." [or credit implosion]
Sun 2007-11-25 00:00 EST
blames; China; Inflation; money matters; Oil; war; wrong people.
Mon 2007-10-08 00:00 EDT
(Book Five, Of the Revenue of the Sovereign or Commonwealth. Chapter III, Of Public Debts; "In great empires the people who live in the capital, and in the provinces remote from the scene of action, feel, many of them, scarce any inconveniency from the war; but enjoy, at their ease, the amusement of reading in the newspapers the exploits of their own fleets and armies."
Adam Smith; Adam Smith Institute; caused; inquiry; nation; natural; wealth.
Mon 2007-10-08 00:00 EDT
A Q and A For The People Of A Forsaken Republic: Addressing the origins of the Who's-Your-Daddy Nation, by Phil Rockstroh - The Smirking Chimp
addresses; Daddy Nation; Forsaken Republic; originally; people; Q; s; Smirking Chimp.
