Dubious FX Broker CWM FX Claims Sports Celebrity Scalps, but Princess Anne Remains Unmolested
The CWM FX fraud bust, a murder, Princess Anne and some groping. It’s BAU in the world of sports sponsorship.
Read more...Category Archives: Free markets and their discontents
J.D. Alt: A Push-Pull Model for Cooperative Markets Financed by Sovereign Spending
This model of allocating new fiat dollars to specific collective purposes could be applicable to many sovereign spending situations.
Read more...Ilargi: Warren Buffett is Everything That’s Wrong With America
I’m sure readers can add to this antidote to the pervasive Warren Buffett hagiography in American media. For instance, Buffett lavishes praise on the executives of Wells Fargo, when Wells engages in abusive servicing (see here and here for examples). So Buffett is part of the cohort that has held bank leaders as competent and deserving of their leadership roles, which serves to hide the fact that a big chunk of industry profits rests on predatory behavior, like gotcha terms in checking accounts and credit cards.
Read more...Joe Firestone: The New York Times Soft-Pedals the Dangers of the TPP
While the New York Times did a public service by joining Wikileaks in publishing a draft chapter of the TPP, the accompanying article is quite another matter. Joe Firestone has taken it upon himself toshred analyze it. The sad reality is that the Times is never going to oppose neoliberalism in a serious way.
Thoughts About the Trans-Pacific Partnership
The leak of the investment chapter of the Trans-Pacific Partnership has confirmed that it’s as bad as critics said it was.
Read more...Bryan Cook in the Media: How the Scammers Behind Virgin Gold Mining Corporation Bit Off More Than They Could Chew (IX)
The Virgin Gold scam hits the press, along with London Capital and Bryan Cook
Read more...Bernie Sanders Blasts “Robin Hood in Reverse” Subsidies to the Rich, Calls for Full Employment
Bernie Sanders gave a forceful, if sobering, assessment of the state of the economy from the perspective of working men and women, as well as retirees, and focused on the hypocrisy of corporations and the wealthy that poor-mouth as a way to extract even more subsidies and tax breaks.
Read more...Corporate Greed is Killing Investment
How the dubious “maximize shareholder value” thesis, an economic theory, and not a legal requirement, hurts investment and undermines growth.
Read more...Austerity Kills: Economic Distress Seen as Culprit in Sharp Rise in Suicide Rate Among Middle Aged
I’m surprised, but perhaps I shouldn’t be, that a recent study hasn’t gotten the attention it warrants. It points to a direct connection between the impact of the crisis and a marked increase in suicide rates among the middle aged.
Read more...Nurses Unite to Stop TransPacific Partnership Fast Track
In case you haven’t noticed, nurses unions have emerged as a particularly powerful and credible labor/lobbying group. So it’s encouraging to see them use their bully pulpit to rally voters to contact their Congresscritters and voice opposition to the upcoming vote on so-called fast track authority for the TransPacific Partnership. I’m heartened to see, in the Real News Network video below, that the nurses’ representative puts forward compact, factually sound arguments as to why this misnamed “trade deal” is a sop to major corporations at the expense of citizens.
Read more...Bond Star Sir Roger Moore, Three Million Phantom Geese in China, and a New Zealand Financial Services Provider
Bond Star Sir Roger Moore, Three Million Phantom Geese in China, and a New Zealand Financial Services Provider
Read more...The Mitt Romney Connection: How the Scammers Behind Virgin Gold Mining Corporation Bit Off More Than They Could Chew (VII)
… while FBI agents, moved from white collar fraud investigations, help search behind bushes for an Al Qaeda terrorist, hundreds of swindlers roam Utah. – Lynn Packer, utahpoliticalcapitol.com Mitt would make a good Moses. Think about it. – Former Romney campaign official By Richard Smith Let’s start in 2006, with one of The Seattle Times’ […]
Read more...Sharing Economy Must Come Inside Regulatory Tent
Sharing economy businesses cannot cannot grow as regulatory cowboys. But, vested interests will be happy to strangle them with red tape.
Read more...Negotiation Breakdown Exposes Widening Rift Between Germany and Greece
The negotiations between Greece and the Eurogroup are on a worse trajectory than conventional wisdom would have you believe.
Read more...How Third Way Trade Agreements Study Distorts Via Omission to Pave Way for TTP and TTIP
Even cherry-picked data shows only modest gains for trade agreements, and more comprehensive looks tell a very different tale. And that’s before you get to all the nasty sovereignty-gutting provisions of the TTP and TTIP.
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