Category Archives: Financial Meltdown

The Beginning of the End of the Age of Casual Fraud

One does not usually associate high finance with high drama. Oliver Stone pulled it off in his 1987 movie Wall Street – but that relied on a script full of over-the-top one-line zingers, and on Michael Douglas, with the slicked-back … Continue reading

Posted in Economic Issues, Economic Theory, Financial Meltdown, Financial Reform, Goldman Sachs Charged With Fraud | Tagged , , , , , , , , , , , , , , | 1 Comment

The Second Bill of Rights We Once Considered

In the last months of the Bush administration the chickens came home to roost, as they say. You open your eight years in office with massive tax cuts for the wealthy and for corporations and reduce tax revenues by thirty … Continue reading

Posted in Economic Theory, Europe versus America, Financial Meltdown | Tagged , , , , , , , , , , , , | Leave a comment