Category Archives: Corruption

Preventing economic shock wave: Securing the port of Houston from a terrorist attack

                    [ An attack on (LNG) ships, oil tankers, or the Houston port facilities Houston would cause an oil shock, since a third of oil refining takes place there, and it’s … Continue reading

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Wells Fargo created bogus bank accounts and credit cards without customer knowledge, billed them millions

[ I know this is “old news” from 2016, but the drawback of newspapers is that stories aren’t repeated.  What an insane level of corruption we’ve reached! Just look at the financial book list I haven’t yet posted at the … Continue reading

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Not only are telecom companies screwing us on net neutrality, they refuse to get rid of robocalls

Preface. It’s four years after the 2013 Senate hearing below and the telecomm industry has still refused and congress and/or the Federal Trade Commission (FTC) have not demanded robocalls be blocked despite over 10 years of complaints.  In fact, unwanted … Continue reading

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Book review of “Chasing the Scream: The First and Last days of the War on Drugs”

[ The founder of the War on Drugs, Harry Anslinger, wanted to build as large a bureaucracy as possible. But a war on narcotics alone—cocaine and heroin, outlawed in 1914—wasn’t enough. They were used only by a tiny minority, and … Continue reading

Posted in Corruption, Drug wars and the prison system | Tagged , , | 4 Comments

Why didn’t any white collar corporate criminals go to jail after the crash?

[ This is a book review with excerpts of “The Chickenshit club: Why the justice department fails to prosecute executives”.  Here is how the author Eisinger summarizes the problem and consequences: “Businesses now have privileges not seen since the Gilded … Continue reading

Posted in Corruption, Mortgages, No Jail for Bankers & Wall St execs | Tagged , , | 1 Comment

Bonds – a hidden risk to the economy

Condon, B. August 24, 2016. The hidden risk to the economy in corporate balance sheets. AP. America has a debt problem, but it’s not what you think. Yes, the federal government owes trillions of dollars more than it did a … Continue reading

Posted in Bond Market | Tagged , , | 1 Comment

Limits to Growth? 2016 United Nations report provides best evidence yet

This peer-reviewed United Nations report (excerpts below) ought to scare anyone who understands exponential growth. Here are a few examples to think about while reading the report: If 2 grams of gold grew at a 5% compound rate for 2,000 … Continue reading

Posted in ! PEAK EVERYTHING, Distribution of Wealth, Exponential Growth, Limits To Growth, Organizations, Other Experts | Tagged , , | 5 Comments

Toxic Loans Around the World Weigh on Global Growth

[ Since 2008 people have been struggling to pay back increasing amounts of debt. China is the worst of all, with $5 to $6.6 trillion dollars of bad debt and $30 trillion overall debt, up from $9 trillion just 7 … Continue reading

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Why is Detroit falling apart so fast?

Using Google street view history, www.goobingdetroit.com records the decay of homes in Detroit. Above shows homes September 2009, September 2011, and September 2013 I’ve been fascinated with the decline of Detroit since a guy in my dormitory told me back … Continue reading

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HSBC bank report predicts another financial crisis in 2018

[ Bill Hill of the Hill’s group predicted in June 2016 (at a peakoil.com forum): “We expect to have reached permanent depression by the end of 2017. The reduction will not hit all nations the same way. The richer Western … Continue reading

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