(3 comments) SHARE        Wednesday, April 1, 2015
The Homophobic Law and the Indiana Governor Who Dares Not Speak Its Purpose The Indiana Act does not mention people who are LGBT. It is far broader than that. Any person in Indiana can invent a "religious" "belief."

(3 comments) SHARE        Monday, March 9, 2015
McCloskey Wants to Change the Title and the Substance of Her Article on Corruption Deirdre McCloskey has responded with two comments to my series of articles critiquing her book review in the Wall Street Journal of two new books about corruption. The harm done by these crimes is so severe that these topics well warrant extended discussion and debate.

SHARE        Thursday, February 12, 2015
Bank Lobbyists Still Fear Progressives and the Public Bank lobbyists are still whining about opposition from progressives to the lobbyists' agenda to (again) gut financial regulation.

(1 comments) SHARE        Sunday, February 8, 2015
Oral Testimony of William K. Black before the Oireachtas' Joint Committee of Inquiry into the Banking Crisis This oral testimony was delivered by S&L regulator Bill Black on February 5, 2015 in Dublin, Ireland before the Oireachtas' Joint Committee of Inquiry into the Banking Crisis.

(2 comments) SHARE        Thursday, January 15, 2015
It Would be Well if Economics Were Modest for it has Much to be Modest About This post comments on an article by the French economist Gilles Saint-Paul that embodies why economics is the only field that purports to be a science that has gotten worse for decades, which actively makes the world worse in its supposed area of expertise, and that is proud of it

(75 comments) SHARE        Wednesday, January 14, 2015
What if the Public Understood How Money Works? There's something invigorating about people freaking out about modern monetary theory (MMT). They treat MMT as akin to the Ark of the Covenant in the first Indiana Jones movie.

SHARE        Thursday, January 8, 2015
EU Deflation Arrives and the Troika Continues to Fiddle While the EU Burns Both papers are aflutter today with news that the Eurozone fell into deflation. We have been trying for months to explain that there is nothing magic about the harm caused by deflation (as opposed to very low levels of inflation).

(2 comments) SHARE        Wednesday, December 31, 2014
The Greek Depression, the Troika, and the New York Times (videos) As I have explained in prior articles, there is an excellent chance that the Troika's infliction of austerity on the eurozone's periphery could, as with the austerity inflicted under the Washington Consensus, continue to produce such long-term rolling recessions. The media still supports such measures, but not the people.

(1 comments) SHARE        Thursday, December 18, 2014
Obama Imports and Immunizes Banksters Who Donate to the Democratic Party It's not bad enough that Obama refuses to prosecute our banksters who grew wealthy by leading the three financial fraud epidemics that cost the U.S. over $20 trillion in lost GDP and over 10 million jobs -- he's now importing Ecuador's banksters.

(6 comments) SHARE        Saturday, December 6, 2014
New York City: Aggressive "Broken Windows" Policing but Carte Blanche for Banksters New York City exemplifies two perverse criminal justice policies that drive many criminologists to distraction. It is the home of the most destructive epidemics of elite financial frauds in history. The "strategy" of ignoring or even praising the banksters' enormous frauds while aggressively arresting the poor for the most minor of property offenses is obviously indefensible on every conceivable basis.

(1 comments) SHARE        Tuesday, December 2, 2014
The Wall Street Journal Still Refuses to Grasp Accounting Control Fraud via Appraisal Fraud The WSJ's title for its article on appraisal fraud makes obvious that it has learned nothing from two fraud epidemics in two crises a quarter-century apart.

SHARE        Sunday, October 26, 2014
The New York Times Finally Allows Competent EU Commentators In the last two days, however, the NYT has given space to an outsider and a newly hired journalist not from the EU beat to write about EU austerity. Each column contain more blunt truths than six years of the NYT's regular coverage of EU austerity -- combined.

(2 comments) SHARE        Wednesday, October 22, 2014
Liar's Loans Ain't "Rocket Science" From the fraudulent controlling officers who are the bank's decision-makers perspective, however, liar's loans are ideal.

(6 comments) SHARE        Sunday, October 19, 2014
Not with a Bang but a Whimper: DOJ Says it Cannot Prosecute "Rocket Science" Frauds Never in modern history has DOJ suffered such an abject defeat. They didn't simply fail to prosecute the elite bankers -- they never even indicted them and rarely investigated them.

(1 comments) SHARE        Saturday, October 4, 2014
EU Austerity as Frat House Hazing Yes, the EU is now officially a fraternity, and austerity is its hazing ritual. Yes, they know that austerity is stupid, juvenile, and dangerous, but, hey, they had to suffer it so everybody else should as well.

(1 comments) SHARE        Thursday, September 18, 2014
The New York Times' Coverage of EU Austerity Remains Pathetic I have explained in depth why the New York Times' coverage of the EU troika's infliction of austerity on the eurozone is dishonest and routinely indifferent to the suffering of the peoples of much of the periphery who have been forced into a second Great Depression. The latest travesty was in an article entitled "French Premier's Push Toward Center Opens Rift on the Left."

(3 comments) SHARE        Wednesday, August 20, 2014
Italian's Apology for German Austerity Diktats Lasts 24 Hours The German austerity diktat forced the entire Eurozone into a second, gratuitous Great Recession and Italy, Greece and Spain into unemployment levels last seen in the Great Depression

(2 comments) SHARE        Wednesday, August 20, 2014
The WSJ's Editorial Posing as "News" about Ecuador the Wall Street Journal has poured out its pain that the people of Ecuador might reelect President Rafael Correa. The WSJ lets slip the "opposition's" real concerns -- the people of Ecuador strongly support Correa's policies and oppose the return of the oligarchs to power. The oligarchs are desperate to make it impossible for the people of Ecuador to reelect the leader they support.

(1 comments) SHARE        Tuesday, July 22, 2014
DOJ Trains AUSAs to Chase Mice While Lions Roam the Campsite Holder made Wagner DOJ's leader on mortgage fraud because Wagner was so willing to propagate the single most absurd, destructive, but so very useful (to the administration and the banksters) lie about mortgage fraud.

(1 comments) SHARE        Saturday, July 19, 2014
AG Holder: "The U.S. Announces the Indictment of Citigroup's Senior Officers for Fraud" The third omission from Attorney General Eric Holder's press conference announcing the settlement with Citigroup of civil charges was the words "criminal" and "indictment." According to DOJ's Statements there should have been Numerous Indictments