Marc Faber, an investor who has been far more often right about the market than the Wall Street flacks that exist solely to peddle stocks (and nowadays, derivatives), writes a monthly newsletter. He often rails against what he sees as the disastrous course of American economic and financial policies. He began this month newsletter with [...]
Entries Tagged as 'Policy'
Oh, How Long the Common People Have Suffered
August 3rd, 2010 · No Comments · Abuse of power, Banks, Corporate Power, Policy, Reform, Wall Street
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US Charities Fund Illegal Israeli Settlements
July 23rd, 2010 · No Comments · Israel, Palestine, Policy
The evidence of US government support for Israeli policies that it publicly opposes continues to mount. While we throw people in jail for collecting money to assist organizations deemed terrorist, we give tax deductions to those who donate to fund illegal settlements in the Palestinian territories occupied by Israel. See the article below from Der [...]
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Special Report: High finance and corporate pot, California style
July 23rd, 2010 · No Comments · Marijuana, Policy
Small marijuana plants, available for sale, are shown in a medical marijuana dispensary in Oakland, June 30, 2010. Credit: Reuters/Robert Galbraith By Peter Henderson SAN FRANCISCO | Fri Jul 23, 2010 8:17am EDT SAN FRANCISCO (Reuters) – Jeff Wilcox, a middle-aged, clean-cut man who dresses in the Bay Area casual business attire of clean [...]
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NYT Publishes Op Ed Urging Change in Israel Policy
June 10th, 2010 · No Comments · Gaza, Hamas, Israel, Obama, Palestine, Policy
In another hopeful sign of change on Israel, the venerable, conservative New York Times published an Op Ed piece by Tony Judt, director of the Remarque Institute at New York University and, notably, an American Jew. This is noteworthy on two counts: 1) that the NYT would give a high profile to a piece critical [...]
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Help Change US Policy on Israel
June 8th, 2010 · 1 Comment · Israel, Middle East, Palestine, Policy
I have stood by and watched helplessly as the controlling faction of Israel has repeatedly violated international law and ethical standards and imposed collective punishment on Gaza citizens – killing them and destroying their homes, electric and sewage plants and then preventing relief supplies to enter — for the acts of a few. In their [...]
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Jon Stewart on Financial Reform
March 18th, 2010 · No Comments · Bailout, Banks, Financial, Policy, Politics, Reform
Barry Ritholz of the Big Picture posted a link to Jon Daily skewering Senator Dodd’s “reform” bill and even more funnily and accurately skewering the accepted practices of the big financial firms. If you don’t end up laughing and angry, I’ll be surprised. He so completely captures the “legal” fraudulent activities of the biggest financial [...]
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Obama and Afghanistan
December 2nd, 2009 · No Comments · Afghanistan, Military, Obama, Policy
I watched Obama live yesterday. What a tragic disappointment. I kept feeling like I was watching Bush — or Clinton, or Reagan, or Lyndon Johnson justifying military action and demonizing those they plan to kill. I soon found myself incredibly bored. I just kept yawning. It was all so predictable and and disgusting. I find [...]
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“Home Builders (You Heard That Right) Get a Gift”
November 16th, 2009 · No Comments · Bailout, Corporate Power, Economy, Policy, Taxpayers, Wall Street
The latest outrage is revealed in this New York Times article. Next to the Wall Street banks is their any group less deserving of taxpayer largess than the big homebuilders that reaped the benefits of Wall Street’s mortgage financing bonanza? I can’t think of one. Well, read it and weep. The latest handout – to [...]
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The Sad State of Our Country
October 12th, 2009 · No Comments · Bailout, Banks, Corporate Power, Credit Default Swaps, Federal Reserve, Mortgages, Obama, Policy, Politics, Restructuring, Stock Market, Taxpayers, Treasury, Video, Wall Street
Last night I watch Bill Moyers Journal via the internet. The first piece interviewed David Simom, creator of “The Wire.” His realistic view of the quagmire of drugs/ghettos/crime/corruption had such a ring of Knowing that I found myself nodding and shaking my head again and again. If you are a “Wire” fan, as I am, [...]
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Relative Values Graphically Displayed
September 30th, 2009 · No Comments · Bailout, Policy, Wall Street, iraq
Here’s a enlightening graphic (click to show in browser so you can enlarge it):
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