Category Archives: Uncategorized

Minsky Moment

Posted on March 10, 2012 by camelotkidd

Why is it, that we never really attempted to script a convincing narrative of the 2008 financial crash? What really happened? Was it rogue traders gone wild with hookers and blow? Was it a once in a lifetime “black swan” event … Continue reading →

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Pot Getting Hotter

Posted on March 8, 2012 by camelotkidd

WTF! No, that doesn’t stand for President Obama’s Orwellian re-election slogan, Winning The Future, but I am starting to feel like the character Winston Smith in the novel 1984. The war on terror non-stop fear campaign has been operational for over … Continue reading →

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Rock Stars

Posted on March 3, 2012 by camelotkidd

I believe that there is an alternative to finance driven capitalism as the only way to organize an economy. This system, let’s call it neoliberalism, insists on a market culture as the master design for all human affairs. Profit making … Continue reading →

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Cult Studies

Posted on February 27, 2012 by camelotkidd

There is a new book entitled: Ayn Rand Nation: The Hidden Struggle for America’s Soul, by Wall Street reporter Gary Weiss, coming out this week. Ayn Rand created a cult of followers, including former Federal Reserve Chairman Alan Greenspan, around a … Continue reading →

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In My Tribe

Posted on February 25, 2012 by camelotkidd

Any honest accounting of President Obama’s policies, in regard to his management of the American empire, would have to conclude that there is little substantive difference between him and his predecessor. (What was that guys name again?) This ratchet effect, … Continue reading →

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Ownership Society

Posted on February 15, 2012 by camelotkidd

Since the bank crash and economic meltdown that began in 2007, I have been struck by the disparity in coverage. Relying on television or print media, one might have come to believe that the crisis was brought on by government … Continue reading →

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It’s Their World, We just Live In It

Posted on February 11, 2012 by camelotkidd

The Federal Government and 49 States have agreed to a tentative settlement with the five largest banks for their robo-signing practices. While we still don’t know all the details, one thing has become clear–we officially have a bifurcated rule of … Continue reading →

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Izzy

Posted on February 9, 2012 by camelotkidd

If there is a north star for this blog, it has to be the iconoclastic investigative reporter, I.F. (Izzy) Stone, with his independent newsletter–I.F. Stone’s Weekly. Using this weekly newsletter, started in 1953,  Stone campaigned against the Cold War, McCarthyism, racial … Continue reading →

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March to War

Posted on February 7, 2012 by camelotkidd

As we march towards war with Iran, with one alarming news story after another, it is useful to turn our attention to some recent history. Ten years ago the neo-cons stampeded the US into a disasterous war with Iraq, using … Continue reading →

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Serfs Up

Posted on February 4, 2012 by camelotkidd

Friedrich von Hayek postulated, famously, that state planning and the welfare state would lead inexorably down a Road to Serfdom. However, things just didn’t work out the way he imagined. It is darkly ironic that the political and economic policies Hayek … Continue reading →

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