Wednesday, October 01, 2008

BrookesNews 1st Oct 2008


BrookesNews Update
The historical thinking behind America's credit crunch
http://brookesnews.com/092909kaletsky.html
The public is not getting the facts about the financial crisis. Instead, paper are publishing nonsense about "market failure". The real failure belongs to central bankers and politicians who remain oblivious to the monetary forces that the central banks unleashed on their economies

Will Paulson’s plan save the US economy?
http://brookesnews.com/082909financialcrisis.html
Mortgage-linked assets are regarded as at the root of the present worst credit crisis since the Great Depression. Thereby removing them will solve the present crisis. But is this true? Are their deeper forces at work, forces that Bernanke and Paulson do not understand?

Why America is not facing another Great Depression
http://brookesnews.com/082909crisisgreatdepression.html
There is no doubt that Bernanke has been deeply influenced by the great depression. Unfortunately he has no real understanding of what caused it and then prolonged it. It is this lack of understanding that will build up future problems. This is why the current mess is so dangerous

America's credit crunch — we've been there before
http://brookesnews.com/082909creditcrunch.html
What the public needs to understand is that the crisis was made unavoidable by bad economic economics. The kind of economics that thinks monetary expansion is necessary for the maintenance of economic growth

Do we really want to socialize our financial system? Part 1
http://brookesnews.com/082909paulsonplan1.html
"Sometimes the cure is worse than the disease and this is one such case; better to let the country take the medicine and work things out without more government interference. We only have the people who caused whatever problems we have in the first place who say we are in a crisis and our world will end if we don’t spend more money

Do we really want to socialize our financial system? Part 2
http://brookesnews.com/082909paulsonplan2.html
Henry Paulson and President Bush' proposal has been seized upon with relish by Democrats in congress. The mere fact that someone like Senator Harry Reid is promoting this plan should itself raise skepticism in the minds of the rest of us and suggest that the Paulson-Bush proposal is bad for the country

Obama runs away from a lawsuit
http://brookesnews.com/082909obamacitizenship.html
September 24 was the deadline for Barack Obama to file a response to the lawsuit, filed by Democratic lawyer Philip Berg, which charges Obama of not fulfilling the constitutional requirements to be elected president

Why America's economic crisis was unavoidable
http://brookesnews.com/082209financialcrisis.html
As the financial crisis unfolds Americans have nothing to fear other than Congress. The Fanny Mae and Freddy Mac crisis is part of a larger and far more serious economic crisis, one that few economic commentators foresaw. There is nothing new here; financial crises are as old as banking itself. Fortunately the fear of another Great Depression are baseless

1 Comments:

Blogger MathewK said...

A spanking is the least that should be administered, unfortunately i don't think even that will be dished out to those that deserve it.

8:52 PM  

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