Family Crest

Family Crest
Motto: I will never forget. [ Source HouseofNames ]

HUMANITY DOOMSDAY CLOCK - Moves forward to 2125 due to election of US President trump.

Estimate of the time that Humanity will go extinct or civilization will collapse. The HUMANITY DOOMSDAY CLOCK moves forward to 2125 due to US President trump's abandonment of climate change goals. Clock moved to 90 seconds to doom at December 2023. Apologies to Bulletin of the Atomic Scientists for using the name.

PLEASE QUOTE, COPY and LINK

While this material is copyrighted, you are hereby granted permission and encouraged to copy and paste any excerpt and/or complete statement from any entry on this blog into any form you choose. In return, please provide explicit credit to this source and a link or URL to the publication. Email links to mckeever.mp@gmail.com

You may also wish to read and quote from these groundbreaking essays on economic topics with the same permission outlined above

The Jobs Theory of Growth [https://miepa.net/apply.html]

Moral Economics [https://miepa.net/moral.html]

Balanced Trade [https://miepa.net/essay.html]

There Are Alternatives to Free Market Capitalism [https://miepa.net/taa.html]

Specific Country Economic Policy Analyses - More Than 50 Countries from Argentina to Yemen [https://miepa.net/]




Translate

Monday, August 29, 2011

We Need Glass-Stegall

Hey Barry:

Here's another reminder that letting banks buy stocks was the dumbest thing we have ever done in the USA.

The FED bailed out big banks with trillions of dollars during the crisis. The losses were caused by their purchases of mortgage derivatives, not their loan portfolios.

Maybe I can become a bank like that Barry, then I can buy any old thing from Bernie Madoff and the FED will cover my losses and let me keep any profits.

It's a system designed to create crooks, and , guess what, it does a very good job.

Read it here: http://www.commondreams.org/headline/2011/08/28-3

Positively depressin.

Your pal,