Capitalism creates CRISIS!
Course Blog for Soc 3151: Social Issues and Social Policy at Baruch College
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Recent Posts
- “The engine of unbridled capitalism, with its unfair system of thought, has reached the end of the road and is unable to move.”
- Fashion has no mercy
- What’s the next step for fashion?
- JP Morgan Says Losses on WaMu Credit Cards Could Reach 24%
- Standards of Fashion
Recent Comments
- NYC Condo Man on Blog post Topic: Quelle Surprise! Credit Card Companies Opposed to Proposed Regulation
- social marketing on Blog post topic: Credit Card Delinquencies Reach Record Level
- auto friend adder on Blog post Topic: Quelle Surprise! Credit Card Companies Opposed to Proposed Regulation
- Merlin Haynes on Egoavil: “Fictitious Capital and the New-Fangled Schemes of Public Credit ”
- Rob Kosberg on JP Morgan Says Losses on WaMu Credit Cards Could Reach 24%
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Naked Capitalism
- Links 11/7/09 November 7, 2009Three bald bears perplex experts BBC Antidepressants and Violence EconoSpeak. One of my pet peeves is how psychoactive medications are handed out like candy in the US. Just go to your MD, say you are exhausted, and once they eliminate anemia, chronic fatigue syndrome, and low thryoid, they assume it’s in your head and will offer [...] […]
- Einhorn: First, Let’s Kill All the Credit Default Swaps November 7, 2009David Einhorn, who enjoys his considerable reputation for hard-fought battles against firms with shaky finances and dubious accounting (Alliance Capital and Lehman), has taken aim at a new and equally deserving target: credit default swaps. In an interesting bit of synchronicity, Einhorn’s comments in a letter to investors overlap to a considerable degree w […]
- Guest Post: Investor Psychology … Fear Turns People Into Sheep November 6, 2009By George Washington of Washington’s Blog. Investors are basically rational, right? In fact, as many studies have demonstrated, the answer is no. But instead of wading through all of the investment psychology research, let’s look at research into people’s basic reasoning abilities. Bear with me for a minute. A study in an area unrelated to investing sheds li […]
- The less optimistic view of Treasury’s handling of the crisis November 6, 2009By Edward Harrison of Credit Writedowns The Obama Administration is captured. To understand why it has acted as it has, one doesn’t have to take the view that its efforts to save the banking industry were a deliberate attempt to line bankers’ pockets by transferring money from taxpayers to the banking industry. One need merely read [...] […]
- Links 11/6/09 November 6, 2009Newborn Babies Cry in Native Tongue Live Science (hat tip reader John D) Understanding long term chronic pain symptoms from minor motor vehicle accidents RFK Action Front, This is intriguing. Second Life creates virtual world for businesses Raw Story (hat tip reader John D) Fannie Mae’s results – oh, and what if Bank of America reported the [...] […]
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Naked Capitalism
- Links 11/7/09 November 7, 2009Three bald bears perplex experts BBC Antidepressants and Violence EconoSpeak. One of my pet peeves is how psychoactive medications are handed out like candy in the US. Just go to your MD, say you are exhausted, and once they eliminate anemia, chronic fatigue syndrome, and low thryoid, they assume it’s in your head and will offer [...] […]Yves Smith
- Einhorn: First, Let’s Kill All the Credit Default Swaps November 7, 2009David Einhorn, who enjoys his considerable reputation for hard-fought battles against firms with shaky finances and dubious accounting (Alliance Capital and Lehman), has taken aim at a new and equally deserving target: credit default swaps. In an interesting bit of synchronicity, Einhorn’s comments in a letter to investors overlap to a considerable degree w […]Yves Smith
- Guest Post: Investor Psychology … Fear Turns People Into Sheep November 6, 2009By George Washington of Washington’s Blog. Investors are basically rational, right? In fact, as many studies have demonstrated, the answer is no. But instead of wading through all of the investment psychology research, let’s look at research into people’s basic reasoning abilities. Bear with me for a minute. A study in an area unrelated to investing sheds li […]George Washington
- The less optimistic view of Treasury’s handling of the crisis November 6, 2009By Edward Harrison of Credit Writedowns The Obama Administration is captured. To understand why it has acted as it has, one doesn’t have to take the view that its efforts to save the banking industry were a deliberate attempt to line bankers’ pockets by transferring money from taxpayers to the banking industry. One need merely read [...] […]Edward Harrison
- Links 11/6/09 November 6, 2009Newborn Babies Cry in Native Tongue Live Science (hat tip reader John D) Understanding long term chronic pain symptoms from minor motor vehicle accidents RFK Action Front, This is intriguing. Second Life creates virtual world for businesses Raw Story (hat tip reader John D) Fannie Mae’s results – oh, and what if Bank of America reported the [...] […]Yves Smith