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Al Gore’s Global Warming Deliberate Fraud to Increase Governmental Power
Al Gore’s Global Warming Deliberate Fraud to Increase Governmental Power There is a serious question that no one wants to address. How did Al Gore create the global warming scare and earn hundreds of millions of dollars in the process? Before Al Gore, science was worried deeply about what we are experiencing today — global […]
CNN’s “Journalist Of The Year” Committed Journalistic Fraud “On A Grand Scale” At Der Spiegel
CNN’s “Journalist Of The Year” Committed Journalistic Fraud “On A Grand Scale” At Der Spiegel German news magazine Der Spiegel has admitted that one of its top reporters has faked stories for several years. Award-winning journalist Claas Relotius had “made up stories and invented protagonists” in approximately 14 out of 60 articles which appeared both […]
The Age of Fraud: the Link Between Capitalism and Profiteering by Deception
The Age of Fraud: the Link Between Capitalism and Profiteering by Deception Photo Source Daniel Lobo | CC BY 2.0 Fraud is an issue that haunts many contemporary societies around the globe, including in East Africa. I have been researching the topic of economic trickery for over a decade in Uganda, and published a number […]
Everything is AwesomeThe Donald in Wonderland: Down the Financial Rabbit Hole With Trump
The Donald in Wonderland: Down the Financial Rabbit Hole With Trump Once upon a time, there was a little-known energy company called Enron. In its 16-year life, it went from being dubbed America’s most innovative company by Fortune Magazine to being the poster child of American corporate deceit. Using a classic recipe for book-cooking, Enron […]
Massive Deficit Spending Greenlights Waste, Fraud, Profiteering and Dysfunction
Massive Deficit Spending Greenlights Waste, Fraud, Profiteering and Dysfunction America’s problem isn’t a lack of deficit spending/consumption. America’s problems are profoundly structural. The nice thing about free to me money from any source is the recipients don’t have to change anything. Free money is the ultimate free-pass from consequence and adaptation: instead of having to […]
How To Beat A Manipulator
How To Beat A Manipulator I’ve been busy working through some of my own stuff lately, while marveling at how closely my personal journey has been mirrored in the larger world. I wrote out the following as a personal exercise while meditating on all the similarities between abusive personal relationships with manipulators and our relationship as […]
Full Faith and Credit in Counterfeit Money
Full Faith and Credit in Counterfeit Money There are nooks and corners in every city where talk is cheap and scandal is honorable. The Alley, in Downtown Los Angeles, is a magical place where shrewd entrepreneurs, shameless salesmen, and downright hucksters coexist in symbiotic disharmony. Fakes, fugazis, and knock-offs galore, pack the roll-up storefronts with […]
What Kind of Hyper-Enthusiastic Market is this that Blindly Keeps Pursuing Scams to Make a Fortune Overnight, even if They Already Crashed the First Time?
What Kind of Hyper-Enthusiastic Market is this that Blindly Keeps Pursuing Scams to Make a Fortune Overnight, even if They Already Crashed the First Time? It’ll take many more sell-offs and the collapse of many more iffy stocks before this hyper-enthusiasm, after nine years of central bank nurturing, is finally wrung out of the market. […]
How Much Longer Can We Get Away With It?
How Much Longer Can We Get Away With It? Alas, fakery isn’t actually a solution to fiscal/financial crisis.. This chart of “debt securities and loans”–i.e. total debt in the U.S. economy–is also a chart of the creation and distribution of new money, as the issuance of new debt is the mechanism in our financial system for […]
Indian Banks Face Crippling Credit Crunch As PNB Scandal Worsens
Indian Banks Face Crippling Credit Crunch As PNB Scandal Worsens The biggest financial fraud in India’s history just got bigger. On Monday, Punjab National Bank disclosed that a fraud previously believed to be $1.7 billion had swollen to $2 billion as the true extent of the fraud is still coming into focus. But the impact […]
The Exponent Problem
The Exponent Problem 2, 4, 8, 16, 32, 64, 128, 256, 512, 1024, 2048, 4096, 8192… Most people find managing their own affairs sufficiently challenging. Earning a living, establishing a family, rearing children, saving for college and retirement, and dealing with illness and aging fill the days and leave little time, attention, or energy to […]
“We Don’t Have The Culture To Manage Risks” – Largest-Ever Indian Bank Fraud Exposes Systemic Flaws
“We Don’t Have The Culture To Manage Risks” – Largest-Ever Indian Bank Fraud Exposes Systemic Flaws Stocks of Indian jewelers and state-run banks have been sinking since Friday, when the full extent of what’s now understood to be the largest bank fraud case in Indian history was unveiled in a complaint to Indian federal banking […]
