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.

I have ... more


E COVID Vaccines And The Stock Market
The stock market appears to be heavily betting on vaccines from Pfizer and Moderna.
E Anxious Consumers, Stock Greed, New Normal And The Fed
Banks are tired, appearing to need a Fed scam, and world growth could hang in the balance. But the New Normal will be protected.
E Trade Wars Are Killing Pandemic Cooperation
Is China our biggest threat, or is Donald Trump a larger threat to economic prosperity?
E The Perils Of The Covid-19 Trade War
The radical right that controls our government is willing to divorce China, and Trump seems to be trying to cash in politically on that line of reasoning. He is also willing to hurt our sovereign ally, the UK.
E Did China Pandemic Endanger The World For A Deal?
An explosive report from widely read economist Danielle DiMartino Booth has gone viral. Did China endanger the world for a deal?
E When Will We Be Freed From Covid-19 Lockdown?
Investors will have a difficult time determining the resumption of economic activity. Look for massive volatility in markets possibly stretching out months into the future.


Latest Comments
Yields Soar, Sending 30Y Real Rates Positive Amid Overheating Panic: What Happens Next
14 days ago

Rising yields will clip assets. Maybe the Fed wants that.

How Effective Are Government Stimulus Programs?
20 days ago

Prof, the average guy is given a little windfall to encourage him to pay his bills. Bailouts are always ultimately for the wealthy creditors.

How Effective Are Government Stimulus Programs?
21 days ago

No doubt it would take a lot to move our markets into inflationary mode.

One More For Bill To Consider: 中国特色社会主义
23 days ago

Because they work an average of 52 hours per week while Americans average 43 hours per week.

One More For Bill To Consider: 中国特色社会主义
1 month ago

Interesting article. But China has faced this dilemma of external growth vs internal growth for awhile now. That nation will do Belt and Road. It will trade with Europe. It will spread wealth to rural communities. It certainly will try harder than the United States. We can be certain of that.

Why Clean Energy Now
1 month ago

This switch to renewable power is a pipe dream. I can't see China doing it. I can't see any country that wants to grow doing it. Oil nations can't do it.

My View On: Short Selling
1 month ago

Cramer talked down Overstock in a shameful example of coming to the aid of short sellers. Other hedge fund associates have done the same thing. Short sellers feed on failure. Pump a stock and some people make money. And they didn't do it in secret. Short sellers deserve to be whacked. Especially when they pick on stocks without big valuations.

What Does The Economy Need Now?
1 month ago

Great article. UK fraud is limited because corporations don't get the stimulus. Stimulus fraud in the US is disgusting.

Soaring Inflation & Supply-Chain Disruptions Spark 'Surge' In US PMIs
1 month ago

The money supply has increased. But the average guy is still cautious. I say inflation will have a difficult time. Of course, a couple of giant stimulus plans could change that.

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MAIN Main Street Capital Corporation
RIOT Riot Blockchain, Inc.



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

Examples of Globalization Blog
2010 - Present (11 years 4 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.


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