Tag Archives: corruption

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

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

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

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Corruption and economic instability in the news

[ 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

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Kurt Cobb on the true definition of corruption

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

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When will the corrupt financial system cause another financial collapse?

[ 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

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

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

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The rich may be sheltering as much as 14% of global wealth in tax havens

[ There’s no need to go to Panama to hide money as this article points out: Here Is Rothschild’s Primer How To Launder Money In U.S. Real Estate And Avoid “Blacklists”  Alice Friedemann www.energyskeptic.com ] Powers, L. April 6, 2016. … Continue reading

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Bankers and Wall Street take cheating to new levels

[ 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

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The Banking system is a House of Cards

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

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