Category Archives: Banking
Glocal Econ 20: Vanquishing the Debt Spider
Homework Due: Web of Debt, Ch 41 & 42 Wizards of Money 20: Battle of the Dragons: Oil vs. Insurance Extra listening: Unwelcome Guests #599: What Economics Can’t Tell You About Money Canadian Radio: Day 6: A Cashless Money System … Continue reading
Glocal Econ 19: Caribbean Conspiracies and Canadian Austerities
Homework Due: Web of Debt Chapters 39 & 40 Wizards of Money 19: The Education Sweepstakes Extra reading: A 2020 Vision: extended outline Web of Debt Blog: Oh Canada! Imposing Austerity on the World’s Most Resource-Rich Country Extra listening: David … Continue reading
Glocal Econ 16: Shotgun Mergers and Backdoor Bailouts
Homework Due: Web of Debt Chapters 33 & 34 Extra viewing: Let Your Life Be a Friction to Stop the Machine 22 min. Occupy the SEC on Democracy Now 11 min. Extra reading: Argentine Advice for Greece: “Default Now!” by … Continue reading
Glocal Econ 13: The Mortgage Death Grip
Homework Due: Web of Debt Chapter 30 Wizards of Money 14: The Trade Federation and the Intergalactic Banking Clan Extra Credit: Catherine Austin Fitts on Guns and Butter, “Unpacking Mr. Global” Hour One Hour Two Also Unwelcome Guests #579 Financial … Continue reading
Glocal Econ 12: India’s Zenith and America’s Nadir
Homework Due: Web of Debt Chapters 28 & 29 Wizards of Money 13: Bankruptcy Bill’s Shootout at the Social Safety Net Extra Credit: PBS Special Commanding Heights: The Battle for the World Economy. Also Ron Paul on The End of … Continue reading
Glocal Econ 11: Fiat Paper Tigers and Chinese Miracles
Homework Due: Web of Debt Chapters 26 & 27 Wizards of Money 12: The Imperial Budget and the Mythical Lock-Box Chris Martensen’s The Crash Course Extra credit: Zeitgeist Moving Forward or Unwelcome Guests Episode 573: I Spit in the Face of … Continue reading
The People’s Bank of Cal-if-ornia
There are those who feel that California, with the eighth-largest economy in the world, is still too big to be trusted with a publicly-owned bank. Perhaps it should be split into three. The sunny, showy south, which everyone thinks of … Continue reading
Glocal Econ 8 – Bear Raids and Hedge Fund Hogs
Q’s for Chapter 17 – Wright Patman Exposes the Money Machine Wright Patman saw big business, chain stores, and tax-exempt foundations as complicit with the Fed in opposing farmers and small businesses. Are these considered Main Street? Is there a … Continue reading
Glocal Econ 8: Locked Stocks and (Over a) Barrel – How Finance Controls Trade
Homework Due: Reading: Web of Debt, Ch. 17, 18 & 19 Audio: Smithy’s Wizards of Money episode 8 – Trading Nature & Cooking the Books (transcript here) Video: Life and Debt On Life and Debt, a Bermudian named Christian Dunleavy … Continue reading
The 1% Solution – NOT!
John writes, If you want to have something to put the current Federal budget posturing into perspective, I recommend Chapter 17: “Wright Patman Exposes the Money Machine.” I looked at the Wikipedia entry for Patman and it mentions nothing about his … Continue reading