George Washington's blog
Regulators and Industry Insiders KNEW We Were in a Housing Bubble
Submitted by George Washington on 04/14/2010 18:11 -0500If only they had known ... Oh, wait ...
"Never Even a Whisper" at Fed's Open Market Committee Meetings
Submitted by George Washington on 04/13/2010 15:48 -0500There is very little chance that economists will improve their models because ...
A Banana Republic With No Bananas
Submitted by George Washington on 04/13/2010 01:31 -0500Yes, we need no bananas ...
Is the World's Second Biggest Economy On the Ropes?
Submitted by George Washington on 04/12/2010 01:38 -0500Iceland, Dubai, Greece ... Portugal ... JAPAN?
Radical Concentration of Wealth is Destroying Both Capitalism and Democracy
Submitted by George Washington on 04/11/2010 19:32 -0500When wealth and power become too concentrated, capitalism becomes virtually indistinguishable from socialism or fascism.
Momentum Grows for Debt Repudiation
Submitted by George Washington on 04/09/2010 16:39 -0500Debt repudiation: good idea or bad idea?
Fraud Finally Being Discussed in Polite Company ... Now Where Are the Prosecutions?
Submitted by George Washington on 04/09/2010 15:47 -0500Greenspan - who said regulators shouldn't even pay attention to fraud - is now changing his tune ...
1.2 Million Households Disappear, Putting Downward Pressure on Home Prices and Rents
Submitted by George Washington on 04/08/2010 18:51 -0500Ouch, not a good sign for the economy ...
The Guy Who Stole All Our Money Now Wants to Steal Our Paycheck, Too
Submitted by George Washington on 04/08/2010 15:01 -0500Banker as taxman.
Bernanke: We Must Raise Taxes and Cut Services • Sane People: No, We Need to Stop Endless Bail Outs, Imperial Adventures and Fraudulent Schemes
Submitted by George Washington on 04/08/2010 13:55 -0500Hello, Earth to knuckleheads ... Earth calling knuckleheads. This is the American people.
Anyone there?
Banking Industry Insiders Call for Breaking Up Giant Banks
Submitted by George Washington on 04/07/2010 16:25 -0500Even folks inside the belly of the beast think they should be broken up ...
Volcker: Raise Taxes to Curb the Deficit
Submitted by George Washington on 04/07/2010 11:27 -0500Barack Hoover?
Rental Prices: Up Or Down?
Submitted by George Washington on 04/05/2010 22:08 -0500There are many factors which affect rental prices, including: (1) the general health of the economy; (2) demographics; (3) housing strength; (4) population growth; (5) migration patterns; and (6) wealth distribution.
Proof that Regulators Knew of and Allowed Debt-Hiding Accounting Tricks Like Lehman's Repo 105
Submitted by George Washington on 04/05/2010 12:05 -0500Of course they knew ...
“We Are in a Cabal... Five or Six Players ... Own the Regulatory Apparatus. Everybody Is Afraid to Regulate Them"
Submitted by George Washington on 04/01/2010 19:59 -0500I'm not against derivatives - including credit default swaps. But keeping them secret and hidden is a recipe for disaster ...
