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Search Results for: inflation
The Wall Street Journal and the Troika Fear they Have Not Adequately Terrorized Greece
By William K. Black Washington DC: January 6, 2015 I’ve written recently about the embarrassing nature of the New York Times’ coverage of Greece (and the eurozone more generally), so it is time to describe the even more appalling coverage by … Continue reading
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The ECB and the NYT’s Obsession with Talking about Deflation
By William K. Black Kansas City, MO: December 4, 2014 In the last two days, the New York Times’ website has published a blizzard of six article about deflation, several of them focusing on the European Central Bank (ECB). Collectively, … Continue reading
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Comments Off on The ECB and the NYT’s Obsession with Talking about Deflation
Posted in William K. Black
Tagged deflation, ECB, mario draghi, nyt
The Way Out of Shutdown Shenanigans
Today, I received an e-mail from the Friends of (the very popular with progressives) Senator Bernie Sanders. In it the Senator says: I’m joining with the members of Progressives United to send a clear message to President Obama that we … Continue reading
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The Wall Street Journal Still Refuses to Grasp Accounting Control Fraud via Appraisal Fraud
By William K. Black Kansas City, MO: December 2, 2014 The Financial Crisis Inquiry Commission (FCIC) report described one of three epidemics of accounting control fraud that drove the financial crisis in these terms. “Some real estate appraisers had also … Continue reading
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The New York Times Misses the Irony of Austerity and Economic Illiteracy
By William K. Black The New York Times published a story by Liz Alderman dated November 17, 2014 entitled “As Japan Falls Into Recession, Europe Looks to Avoid It.” The article begins with a burst of (unattributed) economic illiteracy. “Japan … Continue reading
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Standard Chartered Is Outraged That It Is Treated Like A Criminal For Its Criminal Acts
By William K. Black After a decade of committing tens of thousands of felonies that the U.S. government believes helped fund terrorism and Iran’s development of nuclear weapons, having the great fortune of settling the cases without any senior officers … Continue reading
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Posted in William K. Black
Tagged accounting control fraud, banksters, criminal, criminogenic, fraud
Why Democrats Lost: It’s Not All About Millennials
By Joe Firestone Carl Gibson, a writer blogging at Reader Supported News, provides an “Open Letter to the Democrats” giving his view of why they lost the Congressional Elections of 2014. He endorses the President’s view that people didn’t show … Continue reading
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Posted in Joe Firestone
Tagged Carl Gibson, democratic party, job guarantee, medicare for all, millennials, MMT, populism, seniors, Social Security, Voter Turnout
Piketty’s Neoliberal Capital
Let’s get this out of the way. I agree with Piketty’s overall conclusion in Capital about inequality, that: the distribution of wealth in many industrial nations is highly unequal, wealth concentration has been increasing; and there is a high likelihood … Continue reading
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The New York Times Finally Allows Competent EU Commentators
By William K. Black As my regular readers know, the NYT coverage of the EU financial crisis has been shameful, economically illiterate, and harmful. In the last two weeks, however, that coverage has finally begun to mention the concept of … Continue reading
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Did Ms. Rousseff’s epiphany come too late?
By Felipe Rezende If you’ve been tracking the news on Brazil’s presidential election, you already knew that incumbent Rousseff will face Neves in a runoff election for Brazil’s presidency on October 26th. The tight election reflects the perception of a … Continue reading
