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An excellent analysis of who rules in America!
Originally posted on The Oligarch Kings:
Yesterday, today, tomorrow, and for all time coming…
TalkandPolitics asked me the other day if I could rate who were the most powerful families in the United States and who were the ruling ones now. He also asked which I felt were the most powerful ever. It’s a simple set of questions, and among those that originally spurred me to the research that led, eventually to this blog.
The questions, whilst perfectly understandable, are (I think) the “wrong” questions. They assume that the Political Families which have bestrode, and still bestride, theUnited States stand separate, distinct, and individual. The assumption in the questions is that the families must be different from each other, like chocolates in a box.
The truth is, that in large part the members of the political families of America, past and present, are not separate like chocolates, but form a mesh of interconnected families. Less chocolates…
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Originally posted on Fabius Maximus:
Summary: Let’s look at the small and large implications of the auto loan boom. It’s an example of our inability to learn, resulting in our credit-driven business cycles. Corporations profit from more sales and interest charges. People suffer from excessive debt burdens, and bankruptcies. Governments run deficits from the eventual busts. So it goes cycle after cycle since the New Deal era regulations were removed. Perhaps eventually we’ll learn, and a new era will begin.
- Auto lending
- Larger lessons
- For More Information
(1) Auto Lending
Madness is the failure of bankers and regulators to learn from the bankers’ imprudent greed that caused the housing bubble — and bust. With results we see today in auto lending.
… average automotive loan term reached an all-time high of 66 months … loans with terms 73-84 months grew to 25% of all loans originated during the quarter. …
The average amount financed…
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Originally posted on Martuk ... the Holy:
Martuk … the Holy: Proseuche (release date July 22, 2014) —
And cradled in her kindness, I dove back into the blood soaked memories of this, my life.
With those words, the immortal Maruk’s tale continues.
From modern Paris, he speaks of his life in the religious chaos and pagan magic of 3rd century Antioch. Of his friends, a man haunted by grief and regret, and a woman with secrets as thick as the woolen of her constant cloak. Of days marked by the greed of Rome and the ambitions of those driven by dangerous delusion.
He remembers wandering souls who returned with their own stories to tell. Who shared their own memories of blazing deserts and a darkness with teeth. Of being imprisoned in a myth built by the lies of others. And then Martuk recalls a magic so dark it summons demons from a cloudless sky and rips…
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Originally posted on The Baseline Scenario:
By James Kwak
I’m giving a talk at the UConn Law School reunions tomorrow, and one of my closing points is about the plethora of banking crimes/scandals/whoopsies that we’ve seen in the past few years—even those having nothing to do with the financial crisis. This is the slide I created to illustrate the point:
I know I’m forgetting a few, but I figured that was enough. It does really take your breath away.
Happy Earth Day!
Wish the plutocrats would stop offending and pillaging her.
Originally posted on melbrake:
Today is Mother Earth Day, April 22, 2014. We only have one Mother Earth.
This video will help you to connect to Mother Earth.
” I appeal to all people everywhere to raise their voices. Speak out on behalf of this planet, our only home. Let us care for Mother Earth so she can continue to care for us as she has done for millennia. ”
UN Secretary-General Ban Ki-moon
An aerial view of Geneva, Switzerland. UN Photo/Jean-Marc Ferré.
Earth Day 2014: Green Cities
Earth Day 2014 will focus on green cities, mobilizing a millions of people to create a sustainable, healthy environment by greening communities worldwide. Today, more than half of the world’s population lives in cities. As the urban population grows and the effects of climate change worsen, our cities have to evolve.
It’s time for us to invest in efficiency and renewable energy, rebuild our cities…
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