Bob Morris on Aug 19, 2009, 8:15 am Goldman’s new ‘American Socialism Manifesto’ 8 ways ‘The Conspiracy’ is destroying our American democracy In “Bailout Nation,” hedge fund manager Barry Ritholtz summarizes this clandestine takeover of the great American democracy, led by Paulson and the Goldman Conspiracy juggernaut. In less than a year America has become “Socialism for the Rich! Capitalism [...] Bob Morris on Aug 18, 2009, 5:30 am Marxism 2009. Photograph: Frank Baron That’s what Andy Beckett asks in The Guardian, after going to the Marxism 2009 conference in London. The collapse of unfettered capitalism should have been a golden opportunity for the left. So where did it all go wrong? Indeed. The left should be all over the current crisis of [...] Bob Morris on Aug 5, 2009, 12:15 pm Christian Science Monitor For the first time in generations, people are challenging the view that a free-market order – the system that dominates the globe today – is the destiny of all nations. The free market’s uncanny ability to enrich the elite, coupled with its inability to soften the sharp experiences of staggering poverty, has [...] Bob Morris on Jul 22, 2009, 5:30 am Is SLP the NYSE’s answer to Direct Edge’s “Advance Look” Enhanced Liquidity Provider Program or You Trade You Lose, You Trade Goldman Wins So says Zero Hedge in yet another stunning blog post, this time on how major stock exchanges have, in effect, preferential tiered private clubs that allow the wealthy and connected to [...] Bob Morris on Jul 13, 2009, 5:30 am The whispers are rampant: Goldman Sachs earnings are gonna top $2 Billion in Q2. Goodness, is that because Goldman uses their connections with the federal government to create trading programs that allow them to exploit what they know the next trades will be, when no one is allowed too? Or is it because of [...] Bob Morris on Jul 1, 2009, 10:28 pm Just why is there so much debt in the Anglo-Saxon world? Bankers and regulators know well that it is in nobody’s long-term interests to have allowed borrowing to escalate to a position where the US now owes far more, as a multiple of the economy, than at the start of the Great Depression. The [...] Bob Morris on May 13, 2009, 5:30 am Barron’s, that bastion of capitalism, calls for a kinder, gentler capitalism. Or at least a return to what it was meant to be. [Prime Minister Wen Jiabao Wen] is no paragon of economic and political freedom. Wen does, however, grasp a basic truth that many in the West fail to see. The core principle [...] Bob Morris on Apr 4, 2009, 1:30 am The G20 meeting this week will be viewed as epochal. One era, that of deregulation, has ended, and a new era with much stricter international regulation is beginning. Plus the US is no longer the sole predominant power and the beginnings of a world currency and banking system can be glimpsed. Sounds like a [...] Bob Morris on Mar 17, 2009, 5:30 am When we last checked about General Growth Properties in December 2008, it was circling the drain. Now it appears bankruptcy is near. This is a near textbook case of how to take a healthy company – they own more shopping malls than any other company – and destroy it. Management took insane risks, leveraged [...] Bob Morris on Feb 22, 2009, 5:15 am Financial Times photo of the former prison ship, now housing Italian workers in Britain Desperate foreign workers are living in virtual incarceration on an ex-prison ship docked in Britain. They have to be vanned to work to avoid being beaten by locals furious at their jobs being taken by outsiders. I’m guessing living conditions [...] | Independent Voter NetworkArticles by Bob Morris on California and Arizona renewable energy, budget and border issues |
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