Ben Bernanke

The House that Ben Built

Submitted by Steve Brown…
After credit markets froze in the subprime crash of 2008-2009 Ben Bernanke and the Fed conjured up a number of monetary tricks to keep the system afloat.  POMO, Twist, QE, TARP, repos, and currency swaps (and other monetary tricks) were used to provide liquidity to an essentially bankrupt system sporting a weaponized US dollar.[1] Even though the monetary tricks worked – or seemed to – they were based on a deeply flawed, immoral, and unlawful prospect: the privatization of profit enabled by the socialization of loss.

Entretien avec Eloïse Benhammou, pour son livre « Kleptocratie française »

La maison d’édition de Pierre Jovanovic « Le jardin des livres », présente « Kleptocratie française », un livre d’Eloïse Benhammou. Jouant sur le fameux « Démocratie française » de Valéry Giscard d’Estaing, l’auteur nous montre comment le système social et fiscal français est passé en quelques années entre les mains du grand capital et de la haute finance.

What Makes The Far Right Fringe In Congress So... Difficult?

I suppose it's conceivable that if the hacks in the GOP Establishment drive Trump out of the presidential race-- something they are very much trying to do-- he could revert to being a Democrat and even endorse Hillary Clinton. He certainly hasn't been as harsh towards her as he's been towards Jeb and some of the other Republicans.

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

By William K. Black | New Economic Perspectives | April 9, 2015 The Clintons’ Unlearned Lessons of the Keating Five Meeting 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 […]