Submitted by Daisy Luther via The Organic Prepper blog,
Let’s talk about the blatant efforts to cause an irreparable rift between the people of our country.
I often compare current events to parenting, and this week is no different. Everything purported to be news is just more bickering.
Via The Daily Bell
Booth says many books about the Fed’s actions following the financial crisis have been written to make Fed officials look as good as possible because they are often written by the principals themselves.
A former Fed adviser in Dallas has criticized central bank economists for not understanding economics. Danielle DiMartino Booth was a financial journalist who warned about a real estate crash due to overly low interest rates.
‘News’ is Advertising. “That’s economics son, and don’t you ever forget it.”
By
Cognitive Dissonance
Back in the early 70’s I was deeply concerned with the direction the powerful nuclear power industry was taking. I had a deep distrust for the ‘partnership’ the industry had forged with the Atomic Energy Commission, the regulatory agency tasked with overseeing it while also promoting it. In my view this was a huge conflict of interest and could only lead to no good.
By Chris at www.CapitalistExploits.at
Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing.
Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity.
Two days after democratic senators Elizabeth Warren and Tammy Baldwin sent a letter to Goldman CEO Lloyd Blankfein, asking if Goldman effectively runs the country through its extensive alumni links at the Trump administration, and requesting details on "lobbying" activities in the bank related to review of the Dodd-Frank Act and the Obama-era fiduciary rule on financial advice, as well as asking for any communication between the bank's employees and Cohn, Mnuchin, nominee for the SEC chair Jay Clayton and chief strategist Steve Bannon, Bloomberg reported overnight that yet another Goldman b