Les trois hommes responsables de la dérégulation du marché des matières premières en 1999 : Robert Rubin, alors secrétaire au trésor (devenu co-président de Goldman Sachs), Alan Greenspan, président de la réserve fédérale, et Larry Summers, successeur de Rubin au trésor (devenu président de l’université de Harvard puis conseiller de Barack Obama)
Aggregate private household debt, 1990-2014. Consumer debt is measured on the left-hand scale; mortgage debt on the right-hand scale (source).by Gaius Publius"In the modern economy, most money takes the form of bank deposits.
« Je les connais, les banquiers de Goldman Sachs ! Ils exercent un contrôle total sur Hillary Clinton ! » Donald Trump n’avait pas de mots assez durs, au printemps dernier, pour dénoncer à bon droit les liens étroits unissant la candidate démocrate aux dirigeants de la puissante banque d’affaires Goldman Sachs.
Part of Last Conversation Piece by Juan Munoz, by the Hirshhorn Museum. Its conspiratorial feel, with panicked outsiders, seems apt for Washington.- by Skip KaltenheuserFrustrations on the coverage of the Democratic primaries have been slow-cooking quite awhile. Not just with the networks, I’m also looking at you, National Public Radio.
Despite the 2008 Wall Street crash and government promises of reform, the old back-scratching ways of special favors and influence are again in vogue – as if they were ever out of style, writes JP Sottile. By JP Sottile You’ve…Read more →
Americans perceive what has happened to their democratic Republic only dimly, tricked by rightists who call all collective government actions bad and by neoliberals who make “markets” a new-age god. But ex-congressional budget official Mike Lofgren shows how this “Deep State” really works, writes Chuck Spinney. By Chuck Spinney Just about everyone knows something is dangerously wrong with our nation’s…
I was happy for the U.K. last week when I read that the newly elected leader of the Labour Party, Jeremy Corbyn, had selected two of the world's most brilliant economists as advisers, Thomas Piketty and Joseph Stiglitz.
By William K. Black | New Economic Perspectives | April 16, 2015 Richard Cordray (former Attorney General of Ohio), the head of the Consumer Finance Protection Bureau (CFPG) and Gary Gensler (a former disaster under Bill Clinton and Goldman Sachs) have been the two great appointments by President Obama in the field of finance. Obama’s other appointments […]
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 […]
By Michael Hudson • Unz Review • April 19, 2015 Karl: Welcome to the Renegade Economists with your host, Karl Fitzgerald. This week we’re stepping back in time, way back some 10,000 years BC into the world of archaeology, Egyptology and Assyriology. Yes, it’s time for another special with Professor Michael Hudson. That’s right, Michael […]
