Moral Outrage
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Posts Tagged ‘bankers

Citigroup Replaces JPMorgan as White House Chief of Staff

January 25, 2012

We’ve already made our choice for the best headline of the year, so far: “Citigroup Replaces JPMorgan as White House Chief of Staff.” There’s simply too much truth in that headline; it says a lot about how Wall Street and Washington have colluded to create the winner-take-all economy that rewards the very few at the […]

New York City demonstration against Wall Street bankers

September 23, 2011

For a week now, hundreds of demonstrators have encamped themselves in the financial district in New York City, hoping to call attention to Wall Street’s misdeeds. Seven protesters were arrested by the New York Police Department, despite being peaceful and not noticeably disrupting the normal activities of the city. The Wall Street Journal notes that […]

Theory on why rating agencies are downgrading US debt

August 8, 2011

Some are of the opinion that the rating agencies are working with some of the predatory bankers and the hedge funds who are trading in these naked credit default swaps, and are targeting these economies and countries for failure, because they make more money on these insurances than they lose on their bond holdings. We […]

Bankers and politicians lie 93% of the time

February 28, 2011

Behavioral science tells us that bankers and politicians are lying to us 93% of the time. So it’s 13 times more likely Wall Street is telling you a lie than the truth. One of America’s leading behavioral finance gurus, University of Chicago Prof. Richard Thaler, explains: “Think of the human brain as a personal computer […]

Corporate sponsorship the reason Obama has let us all down

November 1, 2010

Rober D. Hodge writes in his excellent new book ‘The Mendacity of Hope’, “Obama is judged not as a man but as a fable, a tale of moral uplift that redeems the sins of America’s shameful past,” our longing for him to be Martin Luther King reborn. It is not primary a question of individual […]

The Global Banking Cartel and World War III

October 13, 2010

What we have been experiencing is not the result of an unforeseen economic crash that appeared out of the blue with the collapse of the housing market. To even blame it on greedy bankers, while essentially accurate, also misses the most vital point. This crisis is the direct result of a strategic economic attack on […]