~ Savvy Bankers? Free-Markets? Populist President?

Zemanta Related Posts Thumbnail

Here is what Americans in 1933 heard from their populist President: From FDR's Fireside Chat on the Banking System Only a foolish optimist can deny the dark realities of the moment… Practices of the unscrupulous money changers stand indicted in the court of public opinion, rejected by the hearts and minds of men… This nation is asking for action, and action now… There must be a strict … [Read more...]

~ Facing Down the Wall Street Oligarchs (part 2)

And so the story of The Wall Street Oligarchs and the Main Street Taxpayers resumes with Simon Johnson, former chief economist of the International Monetary Fund continuing his tale of  The Quiet Coup – Every crisis is different, of course. … But I must tell you, to IMF officials, all of these crises looked depressingly similar. Each country, of course, needed a loan, but more than that, … [Read more...]

~ Clunker Goals Get Clunker Results – Update

Trashing a vehicle is pretty easy to do. Of course, if your goal was to to have fun and still be able to drive home at the end of the day, then breaking an axle can only be counted as a very costly mistake. The kind of mistake that makes you wish you could go back in time to when you were just dealing with a truck bogged down in the mud and still had hope for a positive outcome. On the other … [Read more...]