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Profile picture for user George Washington

The Weak Dollar and the Too Big to Fails

by George Washington - Nov 13, 2009 3:07 pm
Simon Johnson says Bernanke is killing the dollar to help bail out the too big to fails ...
  • Nov 13, 2009 3:07 PM
  • George Washington's blog
Profile picture for user George Washington

Senator Dorgan: "We Essentially Have Had Modern-Day Bank Robbers ... and There's Been No Accountability ... There's No Question the System Is Rigged"

by George Washington - Nov 13, 2009 3:05 pm
Senator Dorgan calls it like he sees it ...
  • Nov 13, 2009 3:05 PM
  • George Washington's blog
Profile picture for user George Washington

Confirmed: Defense Spending Creates Fewer Jobs Than Other Types of Spending

by George Washington - Nov 12, 2009 2:09 am
"Military Keynesianism" - the idea that war is the best economic stimulus - is false.
  • Nov 12, 2009 2:09 AM
  • George Washington's blog
Profile picture for user George Washington

Financial Reform Doesn't Need to be Complicated

by George Washington - Nov 11, 2009 1:34 pm
Give us real, SIMPLE reform, not thousands of pages of loopholes ...
  • Nov 11, 2009 1:34 PM
  • George Washington's blog
Profile picture for user George Washington

Military Spending is INCREASING Unemployment and REDUCING Economic Growth

by George Washington - Nov 11, 2009 1:31 pm
Contrary to what you might have heard, higher military spending leads to HIGHER unemployment and lower GDP...
  • Nov 11, 2009 1:31 PM
  • George Washington's blog
Profile picture for user George Washington

Senator Dodd's Bill: Trying to Prop Up a Broken System

by George Washington - Nov 10, 2009 6:27 pm
Dodd's bill - while sounding good - is really an all-out attempt to save the current, broken system...
  • Nov 10, 2009 6:27 PM
  • George Washington's blog
Profile picture for user George Washington

Senator Dodd has Introduced a Sweeping Financial Reform Bill. Please Help Me Figure Out If Its Good or Bad, and What Its Missing

by George Washington - Nov 10, 2009 2:51 pm
Is this bill good or bad? What's it missing?
  • Nov 10, 2009 2:51 PM
  • George Washington's blog
Profile picture for user George Washington

Don't Blame Capitalism for Wall Street's Corruption and Lawlessness

by George Washington - Nov 9, 2009 2:02 pm
Should we throw out capitalism altogether? Or would that be throwing out the baby with the bathwater?
  • Nov 9, 2009 2:02 PM
  • George Washington's blog
Profile picture for user George Washington

Big Bankers Say They're Doing God's Work ... Are They Right?

by George Washington - Nov 9, 2009 12:38 am
The head of Goldman Sachs literally said he's doing "God's work" with his banking activities. The head of Barclays also recently told his congregation that banking as practiced by his company was not antithetical to Christian principles. Are they right? Is big banking as practiced by the giant banks in harmony with Christian principles?
  • Nov 9, 2009 12:38 AM
  • George Washington's blog
Profile picture for user George Washington

One Reason that the Stock Market is Rising While Unemployment is Soaring

by George Washington - Nov 8, 2009 11:40 pm
In addition to PPT or other gaming of the stock market, here is another reason it can go up while jobs are crashing downward ...
  • Nov 8, 2009 11:40 PM
  • George Washington's blog
Profile picture for user George Washington

Citigroup is ALREADY Being Broken Up ... But Not Enough

by George Washington - Nov 8, 2009 1:28 am
"Simon Johnson, an MIT professor and former chief economist at the International Monetary Fund, reckons there should be caps of roughly $100 billion on the assets of financial institutions and "serious criminal consequences" if firms are caught trying to get around such limits."
  • Nov 8, 2009 1:28 AM
  • George Washington's blog
Profile picture for user George Washington

“The Chief Executive of One of the Country's Biggest Block Trading Dark Pools Was Quoted Two Weeks Ago as Saying That the Amount of Money Devoted to High-frequency Trading Could ‘QUINTUPLE Between this Year and Next’"

by George Washington - Nov 6, 2009 9:13 pm
Uh-oh...
  • Nov 6, 2009 9:13 PM
  • George Washington's blog
Profile picture for user George Washington

Investor Psychology: Fear Turns People Into Sheep

by George Washington - Nov 6, 2009 7:15 pm

Investors are basically rational, right?

In fact, as many studies have demonstrated, the answer is no.

  • Nov 6, 2009 7:15 PM
  • George Washington's blog
Profile picture for user George Washington

The Government is Patching the Barn Door Instead of Catching the Escaped Horses

by George Washington - Nov 5, 2009 7:10 pm
Fiddling while Rome burns ...
  • Nov 5, 2009 7:10 PM
  • George Washington's blog
Profile picture for user George Washington

Wall Street Journal Admits Economists Were Wrong, But Fails to Discuss their INCENTIVE for Being Wrong

by George Washington - Nov 4, 2009 4:01 pm
Why economists REALLY got it wrong...
  • Nov 4, 2009 4:01 PM
  • George Washington's blog

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