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August 2013 Blog Posts (2)
The Leveraged Buyout of America
Giant bank holding companies now own airports, toll roads, and ports; control power plants; and store and hoard vast quantities of commodities of all sorts. They are systematically buying up or gaining control of the essential lifelines of the economy. How have they pulled this off, and where have they gotten the money?
In a letter to Federal Reserve Chairman Ben Bernanke dated June…
ContinueAdded by Cromag on August 27, 2013 at 5:50pm — No Comments
The Ecuadorian Library or, The Blast Shack After Three Years
Back in distant, halcyon 2010, I was asked to write something about Wikileaks and its Cablegate scandal. So, I wrote a rather melancholy essay about how things seemed to me to be going — dreadfully, painfully, like some leaden and ancient Greek tragedy.
In that 2010 essay, I surmised that things were going to get worse before…
Added by Cromag on August 7, 2013 at 1:55pm — No Comments
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