Just Another Dog and Pony Reform Show

bkheel_dog_n_pony_show

We have all seen this show before.You enter the tent and the first thing you see is a trainer with a group of dogs on one side doing amazing dog tricks. On the other side is a trainer with a group of ponies doing awesome pony tricks. And both trainers are vehemently arguing over which is the better act.Well, regardless of whether you love … [Read more...]

~ 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 SystemOnly 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 … [Read more...]

~ Sticks and Stones… and Populism

While our President and other politicians have been learning the talk of populism in the last few weeks, a lot of media ink, electronic and otherwise, has been given over to trashing the walk of the populist.  Of particular interest is David Brooks' explanation of the media/political world view in his recent article The Populist … [Read more...]

Facing Down the Wall Street Oligarchs (part 2)

320px-Wall_Street_Sign

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 … [Read more...]

The Wall Street Oligarchs (part 1)

320px-Wall_Street_Sign

There’s been a lot of finger wagging at the unruly class recently. It seems we, the Main Street Taxpayers, have it all wrong. Our outrage over the AIG bonuses is class warfare. Our ignorance over the workings of government and finance is self-evident. Our anger over our lost jobs, homes and 401k’s is understandable, but misplaced. Our bus tours are … [Read more...]