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| Making Free Marketeers Angry - Blogit
Jeff Gates put forward some of the most powerful, compelling, well-researched and well-referenced arguements against the accepted 'wisdom' that the current version of capitalism works. Now, I add my own pearls. Ten deep breathes before reading, or you're in at your own risk.
Hey! Don't Shoot The Messenger! OK?
A Buzzflash Interview December 22, 2006 "The White House knew [the levees broke] because the Army Corps of Engineers sent them photographs. Again, I want to emphasize that the White House had the photographs of the levees breaking, and didn't tell state and local officials who had stopped the...
The U.S. Dollar is kaput. Confidence in the currency is eroding by the day. A report in The Sydney Morning Herald stated, ?Australia?s Treasurer Peter Costello has called on East Asia?s central bankers to ?telegraph? their intentions to diversify out of American investments and ensure an ?orderly...
"Character teaches above our wills. Men imagine that they communicate their virtue or vice only by overt actions, and do not see that virtue or vice emit a breath every moment." ~~ Ralph Waldo Emerson A year after triumphantly declaring that work in the Gulf Coast region would be "one of the...
You'd think George Bush would get down on his knees and kiss Hugo Chavez's behind. Not only has Chavez delivered cheap oil to the Bronx and other poor communities in the United States. And not only did he offer to bring aid to the victims of Katrina. In my interview with the president of...
DON'T blame the Lady. Katrina killed no one in this town. In fact, Katrina missed the city completely, going wide to the east. It wasn't the hurricane that drowned, suffocated, de-hydrated and starved 1,500 people that week. The killing was done by a deadly duo: a failed emergency evacuation plan...
Don't check the casket. I know he's back. When I saw those lights flickering out at La Guardia Airport yesterday and heard the eerie shrieks and moans in the dark, broiling subway tunnels, I just knew it: Ken Lay's alive! We can see his spirit in every flickering lightbulb from Kansas to Queens...
In the United States, per capita Gross National Product has grown by more than 75% since the beginning of the 1970s. (Translation - you are each producing 75% more than you were thirty years ago - by working harder, and working longer hours. Well done). BUT... In constant dollars, the average...
The great dollar sell-off has begun in earnest, although to a large extent, it is being concealed from the public. Wary currency traders have been expecting a dollar-slide for months but were nervous about the possibility of widespread panic. Everyone from Bill Gates to Paul Volcker has predicted...
Don't kid yourself. If you think the conviction of Ken Lay means that George Bush is serious about going after corporate bad guys, think again. First, Lay got away with murder -- or at least grand larceny. Like Al Capone convicted of failing to file his taxes, Ken Lay, though found guilty of...
Iran bourse opens next week If one day the world's largest oil producers demanded euros for their barrels, "it would be the financial equivalent of a nuclear strike.? Bill O'Grady, A.G. Edwards commodities analyst ?Everybody knows the real reason for American belligerence is not the Iranian...
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