Category Archives: Economy

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

Who’s In Charge Here?

Originally posted at Writeindependent.org on January 21, 2012 Rich people think they should be in charge of the money, because only they know how to spend it. I find this attitude appalling, and yet it seems hopeless to fight it. … Continue reading

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Male/Female Worries

Originally posted at Writeindependent.org on January 8, 2012 Politics can be a downer. Here’s the way I’m going to handle it today. First, I’ll post a “Male” segment. It’s logical, it makes sense, it’s all left-brain. Then I’ll follow with … Continue reading

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Product of the Depression

Originally posted at Writeindependent.org on January 7, 2012 My grandfather was a product of the Depression. He struggled his way through his late teens, going door to door offering to mend or tailor clothing. Poverty lit a fire under him … Continue reading

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Theodore Roosevelt Quote

Originally posted at Writeindependent.org on January 1, 2012 “Behind the ostensible government sits enthroned an invisible government, owing no allegiance and acknowledging no responsibility to the people. To destroy this invisible government, to dissolve the unholy alliance between corrupt business … Continue reading

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Wilson Quote

Originally posted at Writeindependent.org on December 30, 2011 “We have restricted credit, we have restricted opportunity, we have controlled development, and we have come to be one of the worst ruled, one of the most completely controlled and dominated, governments … Continue reading

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How In Debt Are We?

Originally posted at Writeindependent.org on December 28, 2011 “To put the numbers in perspective, imagine if your family had an income of $21,700 with no prospect of increasing your pay. Imagine that your bills total $38,200 per year and that … Continue reading

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Out of Touch

Originally posted at Writeindependent.org on December 19, 2011 Advertisements today are out of touch with the consumer. One example: Chase credit card does an ad about using their card during your vacation. How many people are taking vacations now? Especially … Continue reading

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True Value vs Artificial Value: My Economic Theory

Originally posted at Writeindependent.org on November 22, 2011 As any economist will tell you, economics is an art, not a science. It is built from the ether up. I can tell you with great confidence that I am an economic … Continue reading

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Who Sold Out Our Future?

Originally posted at Writeindependent.org on November 21, 2011 Gramm Leach Bliley – Financial Services Modernization Act of 1999 – banking deregulation – housing crisis – 2008 – economy – recession – depression I became very interested in the Financial Services … Continue reading

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Crisis of Conscience

Originally posted at Writeindependent.org on November 9, 2011 The real crisis today isn’t just an economic one. Yes, we are experiencing an economic crisis worldwide of epic proportions. But the reason it is different than any other crisis is its … Continue reading

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