Thu 2009-07-30 00:00 EDT
-- Mark Patterson: US Treasury is out of its depth and seems to be trying to put off drastic action by pretending that the banking system is still viable ``Its a sham. The banks are insolvent. The US government is trying to sedate the public...''
Bailouts Help Speculators; naked capitalism; sham; TARP Beneficiary Says.
Tue 2009-06-16 00:00 EDT
by Ambrose Evans-Pritchard; Beijing is trying to extricate itself from dollar dependency as fast as it can; dollar losing reserve status
Tue 2009-02-24 00:00 EST
Jesse's Café Américain: Are We Ready to Try Market Capitalism? ``The pay structure on Wall Street looks less like a profit based enterprise and more like organized crime''
Tue 2009-02-24 00:00 EST
Obama's Awful Financial Recovery Plan, by MICHAEL HUDSON; Trying to Revive the Bubble Economy
Thu 2009-01-15 00:00 EST
Wed 2008-09-03 00:00 EDT
by Mike Whitney; "what they're trying to do is to roll back the Enlightenment, roll back the moral philosophy and social values of classical political economy and its culmination in Progressive Era legislation, as well as the New Deal institutions...So what you find to be a violation of traditional values is a re-assertion of pre-industrial, feudal values. The economy is being set back on the road to debt peonage."
Thu 2008-07-03 00:00 EDT
"rather have the central bankers simply sit tight and do nothing for a quarter and try to get a better handle on the fundamentals."
Mon 2008-06-16 00:00 EDT
Fri 2008-06-13 00:00 EDT
"Trying to address the "commodity bubble" by restricting so-called speculation is a fool's game"
Sun 2008-06-01 00:00 EDT
The Great Oil Swindle: How much did the Fed really know? by Mike Whitney; soaring commodity prices "hoax cooked up by the investment banks and hedge funds...trying to dig their way out of the trillion dollar MBS mess", billions of Fed dollars diverted into commodities
Tue 2008-05-13 00:00 EDT
EU Antitrust Edtion; Law; Microsoft; naked capitalism; rules; Trying Evade.
Tue 2008-05-13 00:00 EDT
by Brad Setser; perhaps "the rise in inflation in the Gulf and China and the difficulties both are facing trying to sterilize the rapid growth in the foreign assets is an indicator that there is a small risk that the US also might end up being a bit too large for the emerging world to save"
Fri 2008-02-22 00:00 EST
Between The Lines > Inside Bernanke's Brain - The Fed's Response To The Crisis, by Aaron Krowne; "Fed doesnt actually control rates, at least not directly. It only sets a TARGET"; "in times of great distress (as now), the rates can get away from the Feds grasp, and it becomes important to distinguish. Specifically, if the Fed were to try to force the funds rate up to the 4.5% target while they were naturally trading around 3%, they would actually have to WITHDRAW liquidity from the system, causing a catastrophic deflationary spiral."
Thu 2007-12-13 00:00 EST
by Elaine Meinel Supkis; Fed auction plan; saving system collapsed; "these tax cheats...will work with our government to continue the destruction of America"
Mon 2007-09-10 00:00 EDT
by John Authers; George Magnus: market trying to transfer bad assets from "secondary sector" to banks
