Chuck Spinney: Fed Up With Larry Summers + Immoral Economics RECAP

IMO … Greider is one of the most astute observers of the Fed and the pro-plutocratic antics of the Neo-Liberal Democrats.

Fed Up With Larry Summers

by William Greider

Extract:

Don’t be misled. Those who dig into his old speeches and pronouncements will find rich material to make the case for rejecting him. The question is not about left or right policy decisions. It’s about competence.

Phi Beta Iota:  William Greider is one of a tiny handful of honest observers of the US economic scene, and is the only author to have written on both the Federal Reserve and the US economy as a whole.  His moral point of view is what is lacking within all politically and financially driven Administration who fail to work in the public interest.

See Also:

Berto Jongman: Deviant Globalization + Legalized Crime Meta-RECAP

Chuck Spinney: Cancer of Careerism – Final Word on Colin Powell’s Moral Suicide

DefDog: Michael Thomas on Wall Street’s Big Lie

Denis Smajlaj: Rolling Stone Apologizes to Conspiracy Theorists — and Notes US Judges Helping Banks Avoid Accountability Today

Goldman Sachs Facebook Scam – Predicted One Year Before…

Gold Transformer: Federal Reserve Transparency Ploy, End of the Middle Period in Predatory Central Banking — Fed Cannot Account for $9 Trillion + Meta-RECAP

Graphic: Federal Reserve QE3 Shifts Inflation Burden to the Poor, Finishes Off the Middle Class

John Bogle: ENOUGH – Speculation Bad Investment Good

Journal: Chuck Spinney Highlights: Dark Hole of Democracy: How the Fed Prints Money Out of Thin Air Greider

Journal: Wall Street Financial Crime Spree Spins On….

Lynn Wheeler: Why Financial Systems Demand False Complexity and Ignorance…Corruption is Merely a Bonus

Marcus Aurelius: IRS & DOJ Grabbing New Powers in Hunt for Revenue [But Ignoring Financial Speculators]

Marcus Aurelius: Matt Damon on Politics — Game is Rigged

Marcus Aurelius: The Four Business Gangs That Run (Loot) the US + 4 Books

Matt Taibbi: GRIFTOPIA – RECAP

Mini-Me: Asian Deep Wealth versus US/EU Illuminati/Nazis

Mini-Me: European-US Banking–Tangled Web — Tell Me Again, Why Shouldn’t We Default and Let the Banks Fry? + Financial Terrorism RECAP

Mini-Me: Geithner’s Fingerprints? Tungsten Gold Bar in UK + Meta-RECAP on Financial Fraud

Mini-Me: Germans Suspect Federal Reserve Bank of NY Has Stolen 1536 MetricTonnes of Gold — On Tim Geithner’s Watch

Mini-Me: Myths of US Government Shattered – JFK Assassination by USG Cabal Set to Unravel Along with 9/11 Related Lies and Cover-Ups

Mini-Me: Wall Street is Untouchable — No One Goes to Jail

Mongoose: The bloodhounds of [corrupt] capitalism

Owl: Gulag Wealth Fund – Tracking Predatory Capitalism

Paul Craig Robert: America (RIP) – The True Cost of Government Corruption and Banking Greed – Moral Bankruptcy Assures the Death of a Nation

Paul Craig Roberts: The Libor Scandal In Full Perspective + Meta-RECAP

QUESTION Wells Fargo–John G. Stumpf Especially

Review: Ayn Rand Nation – The Hidden Struggle for America’s Soul

Review: Come Home America: The Rise and Fall (and Redeeming Promise) of Our Country

Review: Confessions of an Economic Hit Man

Review: DOPE, Inc. Britain’s Opium War Against the World (and Lydon LaRouche’s War Against Henry Kissinger)

Review: Economists and the Powerful: Convenient Theories, Distorted Facts, Ample Rewards

Review: Empire of Illusion: The End of Literacy and the Triumph of Spectacle

Review: Gods of Money – Wall Street and the Death of the American Century

Review: Grand Illusion–The Myth of Voter Choice in a Two-Party Tyranny

Review: Griftopia–Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America

Review: How Wall Street Fleeces America – Privatized Banking, Government Collusion, and Class War

Review: Leverage – How Cheap Money Will Destroy the World

Review: On God’s Side: What Religion Forgets and Politics Hasn’t Learned about Serving the Common Good

Review: Running on Empty–How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It (Paperback)

Review: The Global Class War –How America’s Bipartisan Elite Lost Our Future – and What It Will Take to Win it Back (Hardcover)

Review: The Soul of Capitalism–Opening Paths to a Moral Economy

Review: Tremble the Devil

Review: Who Stole the American Dream?

SchwartzReport: Tom Engelhardt — No Longer in Search of Enemies — We Have Created Them and Turned the World Against the USA

SmartPlanet: Corrupt Government Allows Corporate Socialism – Privatized Profits and Externalized Losses

Theophillis Goodyear: Subprime Mortgage — Open Source Could Have Prevented, but Various Information Pathologies (Corruption of Government Being One of Them) Enabled the Fraud

William Grieder: Maybe the Fed Can Save the Day – a Huge Flip