Category Archives: Economy

recession, economic recovery, economy, Glass Steagall, Financial Modernization Act, Gramm Leach Bliley, depression, derivatives, CDO, credit default swap

When It’s Time for the Great to Fall, Let Us Dissect

Posted on 15. December 2014 by admin

The bigger they are, the harder to dissect. But let us begin by taking one step at a time… “What we have got to do,—and it is a colossal task not to be undertaken with a light head or without … Continue reading →

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Who Controls Our Money?

Posted on 13. December 2014 by admin

Woodrow Wilson explains in his book, The New Freedom, published in 1913 that U.S. currency was controlled by private concerns. If you weren’t already aware of how the Federal Reserve was created by private tycoons of banking and industry, here … Continue reading →

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Insider Trading

Posted on 12. December 2014 by admin

The insider advantage. A conflict of interest. But who is watching these people? Makes you wonder. “You will notice from a recent investigation that things like this take place: A certain bank invests in certain securities. It appears from evidence … Continue reading →

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Crushing the Little Man

Posted on 8. December 2014 by admin

“The people of this country are being very subtly dealt with. You know, of course, that, unless our Commerce Commissions are absolutely sleepless, you can get rebates without calling them such at all. The most complicated study I know of … Continue reading →

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Price Fixing

Posted on 5. December 2014 by admin

Have you ever thought about how monopolies fix prices? Here, in Woodrow Wilson’s The New Freedom, he explains how a monopoly (which he calls a “trust”) shuts out competition. “Did you ever look into the way a trust was made? … Continue reading →

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Tax Breaks

Posted on 3. December 2014 by admin

Sometimes taxes actually work to favor the monopolies. In his book, The New Freedom, Woodrow Wilson details how “protectionism” is used to guarantee profits for corporations (read: trusts) that have carved out special deals for themselves through government intervention. “When … Continue reading →

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Tax Favoritism

Posted on 1. December 2014 by admin

In his book, The New Freedom, Woodrow Wilson complains of the secretive framing of tax bills that favor specific business interests. He refers to the tax specialists here: “They have calculated the whole thing beforehand; they have analyzed the whole … Continue reading →

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Let There Be Light

Posted on 26. November 2014 by admin

Happy Thanksgiving. I’m cooking for 16 people tomorrow, so I’m setting up my blog with plenty of posts and taking a blog break. My interlibrary loan for Woodrow Wilson’s book The New Freedom is due on December 1st. I’m highlighting … Continue reading →

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Well Meaning?

Posted on 26. November 2014 by admin

I ask you: do you expect the job creators who’ve been given massive tax breaks time and again to dole out their charity by creating a job for you? Do you expect companies to do the right thing by making … Continue reading →

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Canary in a Coal Mine

Posted on 16. November 2014 by admin

Woodrow Wilson makes a case for regulating corporations. “It was no business of the law in the time of Jefferson to come into my house and see how I kept house. But when my house, when my so-called private property, … Continue reading →

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