Tag Archives: corruption

The rich live longer than the poor. At least 14% of wealth is hidden in tax havens

Posted on March 17, 2020 by

Preface. No surprises here. With peak oil close at hand, I can’t see universal healthcare and other safety nets enacted, just more and more taken away.  It is so shameful the U.S. doesn’t take care of its people, it is … Continue reading →

Posted in Corruption, Tax Avoidance | Tagged , | Comments Off on The rich live longer than the poor. At least 14% of wealth is hidden in tax havens

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

Posted on October 16, 2017 by

[ 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

Corruption and economic instability in the news

Posted on November 12, 2016 by

[ I can’t keep up with the flood of news about corruption, fraud and economic instability, which is just a symptom of the real problem: the end of growth. In a credit/debit system, lenders won’t lend if they think the … Continue reading →

Posted in ! About Corruption, Decline, Other Experts | Tagged , , , , | 2 Comments

Kurt Cobb on the true definition of corruption

Posted on October 31, 2016 by

Kurt Cobb. April 10, 2016. Corruption, resources, climate and systemic risk.  resourceinsights.com Corruption is a loaded word. One person’s corruption is another’s sound social policy. Some people believe providing unemployment benefits to laid-off workers corrupts them by making them “lazy.” … Continue reading →

Posted in Corruption, Kurt Cobb | Tagged , | Comments Off on Kurt Cobb on the true definition of corruption

When will the corrupt financial system cause another financial collapse?

Posted on October 29, 2016 by

[ Conventional oil production peaked in 2005-6, so if a financial crash occurs, the net energy cliff will be much steeper on the other side, since new projects won’t get financed, and unconventional oil is very expensive to produce and … Continue reading →

Posted in Banking | Tagged , | Comments Off on When will the corrupt financial system cause another financial collapse?

Why economic corruption or an oil decline will lead to a financial crash, depression, and permanent energy crisis

Posted on October 23, 2016 by

This is the introduction to the Corruption category under the Menu item 3) Fast Crash. The posts in this category show that another, much worse crash, is inevitable.  Meanwhile, low oil prices have led to less oil production and discoveries.  … Continue reading →

Posted in ! About Corruption | Tagged , , , , | 1 Comment

Bankers and Wall Street take cheating to new levels

Posted on July 20, 2016 by

[ What follows is an excerpt of an interview between behavioral economist Dan Ariely (DA) and Graham Lawton (GL) in New Scientist  16 June 2012 “The Cheating Game“. This is yet another reason another worse crash is inevitable (in addition … Continue reading →

Posted in Corruption | Tagged , , , , | Comments Off on Bankers and Wall Street take cheating to new levels

The Banking system is a House of Cards

Posted on May 2, 2015 by

Lynn Parramore. April 21, 2015. Our Banking System is a Giant House of Cards. Money & Banking. It Could Fall On You. Anat Admati teaches finance and economics at the Stanford Graduate School of Business and is co-author of The … Continue reading →

Posted in Banking | Tagged , , | Comments Off on The Banking system is a House of Cards

How corporations used conservative religion to gain wealth and power and undo the New Deal

Posted on January 9, 2010 by

Source: Republican Jesus [ This is a book review of One Nation Under God: How Corporate America Invented Christian America by Kevin Kruse (2016), followed by excerpts from the book.  Much of this introduction is my take on what this … Continue reading →

Posted in Corruption, Corruption, Distribution of Wealth, Religion | Tagged , , , , , , , | Comments Off on How corporations used conservative religion to gain wealth and power and undo the New Deal