Showing posts with label Wall Street. Show all posts
Showing posts with label Wall Street. Show all posts
Saturday, November 01, 2008

FDR and the origins of State Capitalism

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As I have written before state capitalism is a historic epoch . It saved capitalism from self destruction and from workers revolution. A r...
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Monday, October 27, 2008

McCain A Socialist

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Call this a case of the pot calling the kettle black, McCain calls Obama's economic policies socialist Yesterday on Meet the Press McCa...
Friday, October 24, 2008

No Austrians In Foxholes

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The old joke goes there are no athiests in foxholes . With the crash of international financial capitalism there are no Austrians in foxhole...
Monday, September 15, 2008

The Failure of Privatization

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The collapse of Fannie May and Freddie Mac, the American government mortgage lending institutions,is a clear admission of t he failure of th...
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Tuesday, March 18, 2008

Crash

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While President Bush and his fan club over at Fox Business News refuse to admit America is in a recession the economists have moved on fr...
Saturday, February 16, 2008

Insurance Woes and Whines

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Insurance firms feel profit pinch Industry giants blame roiling markets, high loonie for dampening fourth-quarter earnings and outlook Sez t...
Friday, January 25, 2008

Robbing the Bank From the Inside

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Bad news just gets worse...not only do we have the collapse of the paper credit market. ... can you say junk bond scandal of the eighties....
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