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Alan S. Russet

Obese blamed for the world’s ills

This totally ignores factors such as the Free Marketeering economy, a societal structure based on promoting excessive consumption, the Military Industrial Complex, politics, religion, struggles for power over natural resources. The list goes on and on. No, it is all…

There is no Lex Luther

An editorial said the panel’s assault obscures some of the complexities of the crisis. “The broader implication raised by senators at Tuesday’s hearing — that Goldman somehow rigged the market in subprime mortgages, and that this led to the meltdown…

Financial reform not tough enough, says NY Times

NY Times weighs in on financial reform: “loopholes.” Too many derivatives trades are exempted from public disclosure on exchanges. Too many users are subject to relaxed scrutiny. Regulation in hindsight is not adequate to prevent systemic collapse. It is not…