Category: current events

it's really not about money. (and then again it is.)

By basd on Sep 21, 2011 41 views | In current events | Send feedback »

So, I have been monitoring the meltdown of the world financial system.  Same as you. I don't read much intelligent discussion, because most pundits do not address the underlying issues to a(ny) monetary system.  Proposed solutions are about like using… more »

time to end the banking double-standard

By basd on Apr 25, 2009 390 views | In predators vs. victims, current events | Send feedback »

In normal human relations, when someone we know has financial hardship, we attempt to accommodate them. We give discounts, reduce interest rates, grant more time to pay. Bankers, on the other hand, raise interest rates and impose late fees and penalt… more »

when do the pitchforks and torches come out?

By basd on Mar 15, 2009 146 views | In current events | Send feedback »

You know, I think the "business suit" may soon be a thing of the past. Goldman Sachs puts its people in government. Goldman Sachs people in government give AIG truckoads of money. AIG gives some of those truckloads of money (2.6 billion or so) t… more »

in case there is anyone who still doesn't get it ...

By basd on Mar 11, 2009 97 views | In predators vs. victims, current events | Send feedback »

Charles Freeman letter, online at Wall Street Journal more »

society of irrational madmen

By basd on Feb 4, 2009 144 views | In predators vs. victims, current events | Send feedback »

Ultimately, I guess we have to face the fact that we live in a global society of irrational madmen. Well, I should be more inclusive and mention the madwomen, as well. I don't suppose there are any exceptions -- though our conceit is otherwise, human… more »