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Tag Archives: corruption
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
Posted in Corruption & Finance, Kurt Cobb
Tagged corruption, sustainability
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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
Posted in Banking
Tagged banks, corruption
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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
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
Posted in Corruption & Finance
Tagged bank, cheating, corruption, dishonesty, wall street
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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
Posted in Banking
Tagged banks, corruption, risk
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Civil Asset Forfeiture: across the nation authorities confiscate cash & homes of innocent people
Source: Ironside AM (2016) New report finds civil asset forfeiture most heavily burdens minorities and low-income communities. Civil Rights Law & Policy Blog. Preface. Basically if you’re poor, your cash, car, home, and other property can be confiscated for no … Continue reading
Posted in Civil forfeiture & repossession
Tagged corruption, poverty, repossession
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The repo market was a key reason the meltdown happened
NY Fed’s Dudley Warns that “Firesales” Could Trigger Another Financial Crisis. Still Broken Five Years Later by Mike Whitney. Feb 21-23, 2014. Counterpunch. “The repo market wasn’t just a part of the meltdown. It was the meltdown.” – David Weidner, … Continue reading
Posted in Civil forfeiture & repossession
Tagged corruption, repossession
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