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 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.
E Las Vegas And Covid-19 Weakest Link
Las Vegas needs NYC. But NYC lockdown may take up to three months according to Mnuchin.
E Las Vegas Pandemic Disappeared. Trump Knew
The Coronavirus did not cause an expected pandemic in Las Vegas. Hospitals are quiet. See behaviors differ depending on what parts of town are viewed.
E Coronavirus And The Empty Chocolate Factory
Income in a pandemic may be less disposable. There is a less painful solution for the Federal Reserve Bank.


Latest Comments
HIV Cure Challenger CytoDyn Takes On Gilead Sciences
1 day ago

Very interesting article.

In this article: CYDY, GILD
The Fed Has Inflated Another Asset Bubble
7 days ago

Bubbles now are not inclusive of labor. Perhaps getting money into the hands of those folks would increase prosperity for all.

Oil Consumption Recovers
8 days ago

The author could be right, but we could retract.

Empowering America
9 days ago

Or we could not help poor people and as Ezekiel said, that lead to Sodom being destroyed by fire. Don't forget, poor people aren't even allowed to sleep out on the sidewalks anymore.

Gold Price Outlook: Gold Slammed Lower On Record US Jobs Creation
10 days ago

I agree with her. Our desperate government wants to locate missiles in Japan. That can only mean one thing: trouble.

In this article: GLD
Goverment-Subsidized Technology Won't Save China's Economy
12 days ago

This article is critical of Chinese central planning. Yet the United States decentralized method cannot even keep potholes under control.

Empowering America
15 days ago

Useless wars are the result of tariff wars Joseph. Rules based tariff wars are the worst because countries get locked into collecting the tax.

Bearish Long Run Fed Forecasts Are Hawkish Policy
22 days ago

Sounds deflationary. Hawkish if the Fed is brave.

Goverment-Subsidized Technology Won't Save China's Economy
22 days ago

Meanwhile American roads and streets look like third world trash.

When Will We Be Freed From Covid-19 Lockdown?
28 days ago

It could be the end. It is up to McConnell.

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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

Examples of Globalization Blog
2010 - Present (10 years 8 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