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The dukes and earls in America’s great tower of bullshit start to blink

By Ian Fraser Published: QFINANCE Date: October 20th, 2011 There may be a good few Maoists, Trotskyists, Anarcho-Syndicalists and even the odd deluded benefit scrounger among them, but it is simply wrong to characterize the Occupy Wall Street protestors who are camping out in 1,500 cities worldwide as wanting to overthrow capitalism, in the same way […]

October 20th, 2011 | Posted in Article Library,Blog,Latest Articles | Read More »

Chris Hedges on “The Alyona Show”

October 8th, 2011 Pullitzer prize-winning war correspondent and author Chris Hedges last week spoke to RT’s Washington correspondent Alyona Minkovski to give his views on the fast-growing Occupy Wall Street movement. Standing amongst protesters from the Occupy D.C. protest, Hedges explained the deep sense of frustration that is giving the movement impetus in the US […]

October 9th, 2011 | Posted in Blog | Read More »

Slowly but surely the media are waking up to Occupy Wall Street

October 8th, 2011 How well or badly has the mainstream media done with its Occupy Wall Street coverage? In my view they started out very poorly, with attempts to mock and belittle the protesters from the likes of blogger Nathalie Rothschild, then an Orwellian virtual black out, followed by shockingly slanted coverage from the likes of CNN […]

October 8th, 2011 | Posted in Blog | Read More »

James K Galbraith: Wall Street so riddled with fraud, it’s beyond repair

October 3rd, 2011 So it was endemic fraud and the collapse of the rule of law—not global imbalances or government and regulatory failure—that destroyed the financial system. In a keynote speech given at the Post Keynes conference in Denmark earlier this year, the Keynesian economist James K. Galbraith of the L.B.J. School of Public Affairs at the University of Texas at […]

October 3rd, 2011 | Posted in Blog | Read More »

Are Wall Street sans-culottes capable of storming of neo-liberal capitalism’s Bastille?

September 22nd, 2011 The Occupy Wall Street protests, which kicked off last Saturday, have been derided as an irrelevance by the likes of Nathalie Rothschild in Spiked, and largely ignored by the mainstream media. I accept that the turnout has been much lower than predicted and that some of the protestors are whimsical youngsters who seem somewhat […]

September 22nd, 2011 | Posted in Blog | Read More »

Whalen: We need to stop the bailouts and the corrupt corporate statism

September 13th, 2011   I enjoyed this video in which The Daily Ticker’s Aaron Task and Henry Blodget interview Chris Whalen of Institutional Risk Analytics. Chris pours cold water on recent claims from Nouriel Roubini that Karl Marx was right about the self-destruction of capitalism and goes on to give a history lesson, including recommending […]

September 13th, 2011 | Posted in Blog | Read More »

Explaining the Tea Party and the US debt-ceiling farce

August 1st, 2011 If you’ve been wondering what the hell’s been going on in America in the past few days, you could do worse than watch this satirical take  from Taiwan-based Next Media Animation. The tea partiers are portrayed as gun-toting babies, and a “highlight” come when one of these mewling and puking infants reaches […]

August 1st, 2011 | Posted in Blog | Read More »

David Harvey: Crises of capitalism

June 26th, 2011 In this RSA Animate, Professor David Harvey examines the causes of the global financial crisis and suggests it is time to look beyond capitalism towards a new social order that would allow us to live in a system that is responsible, just, and humane. Whilst I do not subscribe to Professor Harvey’s underlying Marxist conclusions […]

June 26th, 2011 | Posted in Blog | Read More »

Rogers: Greece is bust and the sooner we accept it the better

June 17th, 2011 Jim Rogers, the plain-speaking, Singapore-based investor, always talks sense about the debt blindness that continues to afflict the West. In this interview on CNN Money, Rogers tells Poppy Harlow: “Greece is bankrupt and the sooner we recognise that and do something about it the better … Eventually we’re going to have to bite […]

June 17th, 2011 | Posted in Blog | Read More »

It’s time investors saw sense and stopped giving credence to rating agencies

June 10th, 2011 The credit rating agencies performed so woefully in the run-up to the global financial crisis, one might have thought they would be discredited by now. One of the agencies’ biggest mistakes was their rampant mislabeling of residential mortgage-backed securities (RMBS) and collateralized debt obligations (CDOs) in 2004-07. At the time, the rating agencies had few qualms about […]

June 10th, 2011 | Posted in Blog | Read More »