Showing posts with label Bernanke. Show all posts
Showing posts with label Bernanke. Show all posts

Friday, January 29, 2010

Monday, October 26, 2009

Capitalism in this Recession


Investigative journalist Leslie Cockburn examines Wall Street and Main Street, visiting defectors from Bear Stearns, Standard and Poor's, and other high-level players in the subprime mortgage gamble and working-class Americans on the flipside.

(NPR.org) Financial journalist Andrew Ross Sorkin discusses his investigation into what really happened one year ago during the financial collapse and bailout. That's the epic tale he tells in his new book Too Big To Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System — and Themselves.

(Politico) The biggest decision of the economic recovery will be made in the next six months, and Barack Obama will have almost nothing to do with it. Forget the debate over TARP, and never mind the questions about a second stimulus. This decision is about when to pull out $1 trillion that’s propping up the U.S. banking system. And it will be Federal Reserve Chairman Ben Bernanke and his Fed colleagues who make the call. That’s hard enough for a White House that knows its political fortunes rise and fall with the economy. More>>


Michael Moore's new film explores the root causes of the global economic meltdown. It takes a comical look at the corporate and political shenanigans that culminated in what Moore has described as the biggest robbery in the history of this country the massive transfer of U.S. taxpayer money to private financial institutions.

Friday, October 24, 2008

Money woes: Naga versus Garuda

Stock market panic 2008

Blame the Nagas for their oversight. Blame the "Federal Reserve," a private bank, and its system of debt. Blame Fed chairmans Greenspan or Bernanke. Blame the Garudas for their negligence. Or explore the meaning of the information handed down as "mythology." It serves a purpose history would not allow.

Garuda (Supanna) swooping down on terrestrial creatures
Greenspan testifying under Naga-Garuda symbol

Nagas (serpents, reptilians) are semi-human "overlords" in Buddhist cosmology. They are kept in check by Garudas (aka Supannas, pterodactyls, giant eagles, semi-human birds). Their contests play out unseen by ordinary eyes. But in very real terms, there are contests with worldwide ramifications being played out on Wall Street, a natural resort built by Nagas, who rule by money more than force.

Nagas (semi-human Reptilians), more serpent than human