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Tags: new economic perspectives

Capitalism’s Defender Unknowingly Indicts the Banksters

April 14th, 2015
in Op Ed

Johan Norberg, of Cato, wrote a book in 2009 entitled Financial Fiasco. Norberg is an Austrian School economist and the author of In Defense of Global Capitalism (2001). As his 2009 book demonstrates, however, the quintessential global capitalists were preparing to blow up the more »

Hillary Remains Clueless About Regulation on the 28th Anniversary of the Keating Five Meeting

April 12th, 2015
in Op Ed

On April 9, 1987, twenty-eight years ago today, my colleagues and I from the Federal Home Loan Bank of San Francisco (FHLBSF) met with five senators at the behest of the most notorious savings and loan (S&L) fraud - Charles Keating. Keating was looting Lincoln Savings through more »

HSBC Violates its Sweetheart Deal and Lynch Praises It

April 4th, 2015
in Op Ed

HSBC got a sweetheart deal from the Obama administration. It laundered vast amounts of money for Mexico's murderous Sinaloa cartel, helped bust sanctions for terrorists and mass murderers, and did not cooperate with the investigation. The U.S. Attorney in charge of the case, Loretta Lynch, refused to prosecute more »

How FCIC Spurned Its One Chance at Greatness

March 29th, 2015
in Op Ed

This is the third column in what I intended to be my three-part series about Citi's most famous whistleblower, Richard M. Bowen, III. In this column I discuss Bowen and Citi's senior (but not controlling) officers' presentations before the Financial Crisis Inquiry Commission (FCIC). more »

The Correct Value of the Right Debt Ratio is Zero

March 19th, 2015
in Op Ed

The public debt-to-GDP ratio is, perhaps, the most important measure used in discussions of the relative fiscal sustainability of nations. Nations with high levels of debt-to-GDP are viewed as having more serious fiscal problems than nations with lower levels. Nations having increasing more »




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