Looking back at the crash

| March 4, 2010

Two posts on the causes of the financial crash have caught our attention. Paul Cella writes on the shadow banking system and globalism at The New Atlantis. Cella lays the blame on “financial engineering” linked to overreliance on rationalism and statistical abstractions. This analysis gets to the level we want to probe, the fundamental error […]

Tea party faultlines

| March 3, 2010

Kenneth Vogel reports on tea party faultlines developing behind the scenes and emerging at the recent CPAC conference. Cliff Kincaid has commentary published at RightSideNews.

The crisis outline

| March 2, 2010

Can the global financial network crash twice in three years? We don’t forecast a second crash, but you have to notice the crooks are still in power, and debt issuance has reached the point of concern. Bond markets aren’t going to allow cheap debt service any longer. The weaker economies are experiencing outmigration and capital […]