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The Federal Reserve Is Destroying America

The Federal Reserve Is Destroying America And wait until you hear what they’re getting away with now Perhaps I should start with a disclaimer of sorts. Yes, I realize that the people working at the Federal Reserve, as well as the other central banks around the world, are just people.  Like the rest of us, […]

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The Formlessness of Progressivism

The Formlessness of Progressivism Progressives are often good people with good intentions. However, modern Progressivism has evolved into something so shapeless and amorphous as to amount to little more than a belief in “things that sound nice.” Mainstream Progressives have done an abysmal job of outlining precisely, in their view, the proper role of government […]

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The Great Greek Bank Robbery

The Great Greek Bank Robbery ATHENS – Since 2008, bank bailouts have entailed a significant transfer of private losses to taxpayers in Europe and the United States. The latest Greek bank bailout constitutes a cautionary tale about how politics – in this case, Europe’s – is geared toward maximizing public losses for questionable private benefits. […]

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Why Is Wealth/Income Inequality Soaring?

Why Is Wealth/Income Inequality Soaring? If conventional labor and finance capital have lost their scarcity value, then the era in which financialization reaped big profits is ending. Why is wealth/income inequality soaring? The easy answer is of course the infinite greed of Wall Street fat-cats and the politicos they buy/own. But greed can’t be the only […]

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What’s Wrong with Our Monetary System and How to Fix It

What’s Wrong with Our Monetary System and How to Fix It Something’s profoundly wrong with our global financial system. Pope Francis is only the latest to raise the alarm: “Human beings and nature must not be at the service of money. Let us say no to an economy of exclusion and inequality, where money rules, […]

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How Fascist Capitalism Functions: The Case of Greece

How Fascist Capitalism Functions: The Case of Greece There is democratic capitalism, and there is fascist capitalism. What we have today is fascist capitalism; and the following will explain how it works, using as an example the case of Greece. Mark Whitehouse at Bloomberg headlined on 27 June 2015, “If Greece Defaults, Europe’s Taxpayers Lose,” and presented […]

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“Bad Bank” Mania Spreads in Europe

“Bad Bank” Mania Spreads in Europe One thing that the world is not in short supply of these days is bad banks. They are everywhere, it seems. But there are bad banks, and there are Bad Banks. This article is about the latter, the officially dubbed “Bad Banks” launched by governments and central banks to conceal […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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