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Daily Archives: January 7, 2016
Bill Black on epic financial fraud behind current crisis
Former financial regulator Bill Black says it’s important to reimplement the Glass-Steagall Act – but it’s not enough to prevent another financial crisis. Here is a direct video link.
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GM to release affordable electric car [again] in 2016
Having criminally/negligently/stupidly rounded up and crushed its wildly popular electric vehicle the EV1 in the early 2000’s, GM deservedly failed from lack of vision and financial mismanagement culminating in bankruptcy and then a government bailout in 2009. You can watch … Continue reading
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Soros: ‘It’s the 2008 crisis all over again’
Those few of us who were paying close objective attention to financial market developments over the past 10 years were able to see the 2008 financial crisis coming. We have also been fully aware that nothing was fixed in the … Continue reading
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