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- Battery Energy storage batteries (BESS) too complex to ever be commercial
- New war and energy alliances over next resource wars
- Book review of “Siege: Trump Under fire”
- Why do people vote for Trump?
- Book review of “Pandemic Politics: The Deadly Toll of Partisanship in the Age of COVID”
- The evolution of the Republican party from 1960 to 2024: from moderate democracy to extreme authoritarianism
- Why some people are conservative and others liberal
- Book review: Bring the War Home: The white power movement & paramilitary America
- Book review: How Democracies Die
- Book Review “Conservatives without Conscience” by John Dean
- Book review of “The Power Worshippers. Inside the dangerous rise of religious nationalism”
- Fox news estranges millions of families and instills hate and fear in its cult members
- Book review of “Deer Hunting with Jesus” Best book on why people vote for Trump
- Population growth creates climate crisis, says environmental scientist
- Book review of “Democracy in Chains”, the history of how extremist Republicans stealthily stole our Democracy
Category Archives: Corruption & Finance
Foreclosuregate
Back-Office Blues Nov 8, 2010. James Surowiecki. The New Yorker. In the late 1960s, Wall Street was crippled by an unlikely nemesis: unfinished paperwork. Thanks to a booming stock market, trading volume had soared in the course of the decade; … Continue reading
Posted in Mortgages
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Why do people fall for Ponzi and other schemes?
Fooled by Ponzi (and Madoff). How Bernard Madoff Made Off with My Money Dec 23, 2008. Stephen Greenspan. Skeptic.com There are few areas of functioning where skepticism is more important than how one invests one’s life savings. Yet intelligent and … Continue reading
Posted in Ponzi Schemes
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Sovereign Default predictions
Martin Weiss on why there will be a sovereign default someday: Diversification across asset classes didn’t help in the 2008 crash. Stocks fell. Most bonds fell. Real estate fell. Commodities fell. And most currencies fell, with only risk-aversion trades working. … Continue reading
Posted in Sovereign Default
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One year Moratorium on Mortgages
Ilargi Feb 2, 2009 http://www.theautomaticearth.com/ [As Dmitry Orlov points out in Dmitry Orlov: How Russians survived the collapse of the Soviet Union “In the Soviet Union, nobody owned their place of residence. What this meant is that the economy could … Continue reading
Posted in Mortgages
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Let banks fail, says Nobel economist Joseph Stiglitz
Haidar, Suhasini. Jan 29, 2017. Trump makes sense to a grocery store owner. thehindu.com Economist-mathematician Nassim Nicholas Taleb is seen as something of an oracle, given that he saw the 2008 economic crash coming, predicted the Brexit vote, and the … Continue reading
Posted in Banking
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What derivatives are and why you’re screwed
You are the Crisis Feb 2, 2009 by Ilargi at theautomaticearth Oh no, we’re not rid of the bad bank drivel yet, are we? I started out trying to make a point about the character of the paper a bad … Continue reading
Posted in Derivatives
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Wall Street’s version of capitalism is a fraud wrapped inside a delusion
Demerit-Based Pay Feb 5, 2009. Eric J. Fry. Rude Awakening Russia, according to Winston Churchill, was a “riddle wrapped inside an enigma.” Wall Street’s version of capitalism, according to us, is a fraud wrapped inside a delusion. The fraud is … Continue reading
Posted in Distribution of Wealth
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Your Bank is NOT Safe
PublicBankingTV : Your Money Is Not Safe in the Big Banks August 25, 2013 by Ellen Brown This 13 minute video explains the situation well, a couple of points made: In 2014 the FDIC can only cover .25% of deposits and … Continue reading
Posted in Banking
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Ellen Brown’s Web of Debt blog
Brown’s Web of Debt blog and books are well researched and worthwhile reading, but she isn’t aware of the energy and resource crises, so her work isn’t fully informed. But still, you can see that even without those larger issues, … Continue reading
Posted in Banking, Inflation or Deflation
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The Armageddon Looting Machine: The Looming Mass Destruction from Derivatives
The Armageddon Looting Machine: The Looming Mass Destruction from Derivatives Posted on September 17, 2013 by Ellen Brown Increased regulation and low interest rates are driving lending from the regulated commercial banking system into the unregulated shadow banking system. The shadow … Continue reading
Posted in Derivatives
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