Free Webinar - PyIMSL & Active Python

Ron Paul Phenomenon and "Economic Armageddon"

While Dr. Ron Paul is not your traditional politician, and is painted by the media as extreme, the American voters are starting to realize that it is the traditional status quo politicians that led us right into this economic Armageddon. Those “traditional” views about everything – debt, taxes, spending, entitlements, Social Security, bailouts for billionaire bankers, the Fed, wars – led to the insolvency and bankruptcy of this great country. Perhaps it’s time to think "out of the box."

Dr. Paul predicted the Community Reinvestment Act, Fannie Mae, and Freddy Mac would destroy the housing market. He predicted reckless government spending would lead to an unemployment crisis. He predicted the high cost of college, driven by student loans, would enslave college graduates. He railed about “crony capitalism.” He voted against the unconstitutional bailouts to banks and Wall Street. He predicted the Fed's irresponsible printing of fake dollars would burden our children with trillions in debt. He was right. Americans are starting to notice.

Please read more here.

Occupy Wall Street: Protest at World Economic Forum in Switzerland

As business leaders gather at the annual World Economic Forum, activists inspired by the Occupy Wall Street movement have set up shop there, too--in igloos.

Bloomberg: Economists' "Inside Job"

Academic economists have recently become the unaccustomed subjects of intense scrutiny. The 2010 documentary “Inside Job” drew public attention to the board seats, consulting gigs and sponsored research that tie many of them to Wall Street. They often failed to disclose such conflicts of interest in their research papers and public comments on topics such as financial reform -- omissions that could influence decisions affecting the lives and livelihoods of millions of people.

Mafia: Italy's Largest Business + Biggest Banker

THE Mafia is now Italy's biggest business enterprise, with an annual turnover of €140 billion ($A174 billion), according to an authoritative report.

Chris Hedges: American Empire Is Over (video)

Very interesting, but sobering, CSPAN interview!

American Consumerism Gone Wild: Woman Pepper Sprays Fellow Walmart Shoppers (video)

"Competitive shopping" in America! This is one of the many reasons I did ALL of my holiday shopping ONLINE!

Economic Policy Journal: Larry Summer Rewrites HIStory in Harvard Course on Global Recession

A friend of mine forwarded this article to me with the following note:

"I didn't know that being a Harvard economics professor gave one the license to rewrite history!"

BuyVeteran.com: Veteran-owned Businesses

From my archives.

Support the 3+ million American businesses owned by military veterans.

Learn more here.

Guardian UK: Junk Economics + Psychopathic Wealth Destroying 1%

George Monbiot of the Guardian UK writes the following:

Our common treasury in the last 30 years has been captured by industrial psychopaths. That's why we're nearly bankrupt

If wealth was the inevitable result of hard work and enterprise, every woman in Africa would be a millionaire. The claims that the ultra-rich 1% make for themselves – that they are possessed of unique intelligence or creativity or drive – are examples of the self-attribution fallacy. This means crediting yourself with outcomes for which you weren't responsible. Many of those who are rich today got there because they were able to capture certain jobs. This capture owes less to talent and intelligence than to a combination of the ruthless exploitation of others and accidents of birth, as such jobs are taken disproportionately by people born in certain places and into certain classes.

Please read more here.

Russia Times: G20 Protests Meet Occupy Wall Street

This should be an interesting protest in the south of France - one of my favorite places!

The French really know how to protest. They have lots of practice!

More Entries