Relevant and even prescient commentary on news, politics and the economy.

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Bank equity but no cash?

Ellen Brown from Web of Debt imagines a scenario close at hand. How accurate is it? Can They Do That? Although few depositors realize it, legally the bank owns the…

Water, human rights and government failure

…means something? What about in California, where Governor Brown just signed AB 685 into law? AB 685 was drafted into law as a “do something” response to the problems to…

Dodd-Frank financial protection

The US Senate election in MA is between Senator Scott Brown and challenger Elizabeth Warren. While there has been some discussion on financial concerns, there hasn’t been a lot to…

Debt and Growth

…vs TCMDO, YoY % Change by Decade I’ve added a brown line connecting the dots for the first decade of this century. The chronology proceeds from a cluster near the…

Guess who wrote this op-ed??

(Elizabeth Warren has hired a campaign manager and has thousands of volunteers signing up for her campaign for the Senate seat in MA that Senator Scott Brown currently occupies. He…