Muckraker of the Financial System

The Fed knew about the housing bubble before it burst but lied and said they didn't: Bill HR 1424 to buy bad paper (eventually called TARP) was introduced in March 9, 2007, before there began to be bad commercial paper from private subprime RE loans, in August.

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E Trump Economic Plan Revealed: What Should The Fed Do?
Trump's plan implies American capital would flood out from the US into China bonds, driving yields down. Theoretically that would drive the Yuan up with hot money. With China losing money on US bonds that go negative, that is certainly is risky.
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E The Poverty Of US Interest Rates
Poverty in the financial system can be measured by interest paid on treasury bonds.
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E While Global Warming Warriors Freak Out, China Coal Offers Prosperity
If the Great Depression was an energy crisis, the world has to hope deep down that China's coal plants multiply like rabbits as a slowdown in the world economy nears.
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E Is Steve Bannon Doing China A Big Favor?
Will China seek a divorce so that unpleasant leaders will leave that nation alone? I think that makes perfect sense unless Donald Trump rejects Bannon's economic nationalism. He is on the edge of embracing that economic error.
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E The Fed's Powell Obsesses About Clothing
Chairman Powell's mantra these days is "clothing". His team is becoming discouraged.
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E Trade War; Easier For Chinese Than Americans
Steve Bannon is to China what John Bolton is to Iran. He wants a full-blown trade war.
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Latest Comments
Commodities Signal Deflationary Worries Are Growing But Recession May Not Be Near
17 hours ago

Low inflation implies slowing demand. Trump recession?

In this article: DBX
Recessions Are Not Forecastable
1 day ago

Great article. I think the linkage is weakening because of the massive demand for longer bonds as collateral. However, the feared collateral margin calls that spur buying could be tied to fear of recessions. So there still is a connection.

Trump Economic Plan Revealed: What Should The Fed Do?
4 days ago

Update 3: Having been abandoned by the Fed and the yield curve, stocks are acting today like they have had enough of POTUS45.

Stocks And Precious Metals Charts - Boss, Da Tweet, Da Tweet - Stock Option Expiration This Friday
4 days ago

A lot of big money and Goldman Sachs hardly know what is going on. I wonder if this man-child, as you call him, is wearing out his welcome on Wall Street?

Trump Economic Plan Revealed: What Should The Fed Do?
4 days ago

Update 2: #Trump says he doesn't want to be the grinch this Christmas. Maybe he wants to wait til next Christmas? And retail is suffering anyway. There is no proof that the consumer will enjoy a strong Christmas shopping season anyway.

Is Steve Bannon Doing China A Big Favor?
5 days ago

Update 4: Just wondering if Bannon is feeling betrayed today. It is hard to rationalize that Trump clearly blinked today. Will he keep blinking on this silly trade war?

Trump Economic Plan Revealed: What Should The Fed Do?
5 days ago

Update: Today, Donald Trump blinked, backing off on some tariffs on China, while delaying the September 1 tariffs. This reveals he was losing the trade war. He should just admit it. But he could delay, get reelected, and put them all on again. What can the Fed do? I think the Fed should economically strangle this trade war once and for all.

China Repo: Vulnerability Or Bottleneck, Risk Aversion And Collateral
5 days ago

Fascinating. If counterparties fail in China aren't they just bolstered with foreign low interest bonds.

3 Charts Confirming The Global Economy Is Already In Recession
5 days ago

If Goldman runs the rest of their operation like their understanding of Trump they have to be clueless.

Trump’s Trade War Is A High-Stakes Gamble
8 days ago

I was meaning figuratively but war is always a possibility.

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Gary Anderson Commented on Commodities Signal Deflationary Worries Are Growing But Recession May Not Be Near:

Low inflation implies slowing demand. Trump recession?

Gary Anderson Commented on Recessions Are Not Forecastable:

Great article. I think the linkage is weakening because of the massive demand for longer bonds as collateral. However, the feared collateral margin calls that spur buying could be tied to fear of recessio...

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Latest Posts
UJET Interview With CEO Anand Janefalkar
UJET has cutting edge technology that allows the use of a smartphone app to make the interaction between the customer (caller) and the call center to be much more user friendly.
Socially Responsible Investing As Alex Jones Is Banned
Social investing practitioners would generally be in favor of banning someone who exhibits racial or ethnic hatred against whole groups of people. It is good to look at Facebook and at Google and compare the two with regard to social concerns.
Hitler Economics In The Age Of Trump
There is a case to be made for sovereignty and mutual respect of sovereign nations, but just not in the way that Trump has made it. There is a benign sovereignty and a belligerent and hostile sovereignty. Is POTUS very dangerous or Hitler-lite?
Peter G. Peterson Turned Entitlement Into A Bad Word
Peter G. Peterson was a philanthropist for the wealthy, a reverse Robin Hood
The Cult Of Tesla's Elon Musk
I focus here on Elon Musk, because he is likely the the most powerful cult leader in America, other than perhaps Donald Trump. Elon Musk seems to be able to make outrageous statements and still retain his followers.
Trump Administration's Strange Response To Ford Relocating To China
Trump Embraces Ford Focus production in China when it railed against them being produced in Mexico. Why is this?
It Is Getting Serious With POTUS: Deep State Versus Russia Connection
It appears that Steve Bannon is now courting favor of the White House. I wrote about how radical he is as he has espoused a libertarian economic agenda on steroids.
The Curse Of Trump Is In Cutting Back On The Poor
The United States is a prosperous nation. But attacking the poor is not the way to remain prosperous. It has been tried before with disastrous results.

Work Experience

Blogger
Examples of Globalization Blog
2010 - Present (9 years 9 months)

On my blog I discuss the past housing bubble, the crash and future housing bubbles and scams. Offering easy money loans should be against the law but is not. Selling bogus AAA rated bonds should have been prosecuted but the scheme came from the bankers at Basel 2. You can't go higher than that. http://www.examplesofglobalization.com

Education

University of California, Santa Barbara
1967 / 1970
Political Science & Government

Publications