05 Aug 2017

Is This Why Bernie Sanders Lost the Dem Nomination?

[sgmb id=”2″] It’s pretty clear that Bernie Sanders was denied by nomination by the Democratic National Committee and would have made a better candidate than Hillary Clinton to combat Trump. As numerous politicians have noted, the 2016 election was for Hillary Clinton to lose. And she did.  But why was Sanders

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24 Apr 2017

An Overdue Parody on Capitalism or How Did Trump Become a Billionaire?

[sgmb id=”2″] For a much-needed parody about the failure of corporate capitalism, check out this article in the Monthy Review. If you don’t think unregulated corporate capitalism has a lot of problems, how do you explain the sad fact that Trump became a billionaire? This is a very clever, much-needed

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03 Mar 2017

Sanders is Nation’s Most Popular Politician, Yet DNC Pretends He Does Not Exist

[sgmb id=”2″] The truth hurts, but here it is: “Some people think that the people who voted for Trump are racists and sexists and homophobes and deplorable folks. I don’t agree, because I’ve been there. Let me tell you something else some of you might not agree with, it wasn’t

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04 Jan 2017

Why Obama Intentionally Failed to Reform Wall Street

[sgmb id=”2″] As President Obama leaves office this month after two terms, people should rightfully assess his achievements, especially those related to financial reform after the largest recession since the Great Depression. But for those who take the time, Obama’s financial reform legacy is non-existent. He had a Democratic majority

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24 Nov 2016

Can “Fake” News Get Injected Into Financial Journalism?

[sgmb id=”2″] A recent study conducted by Stanford University’s Graduate School of Education found that students could not differentiate between “fake” news, defined as sponsored content on web sites, from real news prepared by attributable journalistic sources and legitimate news outlets. Based on their study of over 7,800 middle school,

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17 Nov 2016

How Bannon Capitalized on Unpunished Housing Fraud and Helped Trump Win

[sgmb id=”2″] In an earlier post on this site, the case was made that the American public was outraged that no one went to jail for the systematic housing fraud that happened starting in 2005 and precipitated the worst recession since the Great Depression. The resulting recession wiped out over

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11 Nov 2016

DNC Finally Starts Its Long Overdue Effort To Clean House

[sgmb id=”2″] Today’s news has the following long overdue announcement from the Democratic National Committee: “Democrats have alternated between internal finger-pointing and uneasy soul searching after an intensely rocky year. The painful 2016 cycle capped eight years under President Obama that saw the party lose more Senate, House, Governor and

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26 May 2016

Sanders vs. Trump: Could This Be the Debate of the Century?

[sgmb id=”2″]Democratic Socialist Bernie Sanders and Republican Capitalist Donald Trump have tentatively agreed to a debate before the June 7, 2016 primary in California. If so, the event would be an uneven intellectual, bare-knuckles debate about a range of critical issues ranging from the failures of unregulated capitalism, income inequality,

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24 May 2016

No Chairs Thrown By Sanders’ Supporters: Snopes

[sgmb id=”2″]As an earlier article on this web site said, there were no chairs thrown at the Bernie Sander Democratic convention in Nevada. The media did a poor job of verifying an allegation by a second-hand blogger that chairs were thrown, but the political media never did their basic job

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22 May 2016

Time for Outsiders To Emerge in the Financial Services Industry

[sgmb id=”2″]Being a political outsider has captured the attention of the American electorate in the last decade or so and is now been credited with generating a fundamental re-assessment of the national political establishment.  Now, it’s time for outsiders to emerge in the financial services industry. Why? Simply because the “financial services industry,” a

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