Menu



1
From Dylan Ratigan. Articles of interest...
12/4/2011 4:21:52 AM

From Dylan Ratigan. Articles of interest...



Dylan Ratigan here, with a guide for the past week. Lots of links, lots of news.
Let's start with today's jobs report. The unemployment rate dropped, and it feels a bit better, but my favorite maverick analyst, Barry Ritholtz, says his leading indicators on the economy are soft. [link]
On to corruption at the Federal Reserve. Bloomberg has a blockbuster story on $13 billion of additional profits that banks got from the Fed's unlimited secret lending at the height of the crisis. If you missed it, it's here -- and it's a must read. [link]
And then there's the Federal Reserve backing of European debt through the expansion of swap lines. This will further drive financial speculation. [link]
We had Eliot Spitzer on the show in a triumphant return, and he talked about the Fed, finance, and the fact that he wishes he could have put more people in handcuffs when he had the chance. [link]
War, pestilence, famine, Eurozone... Where is this taking us? Financial crises lead to depressions, which lead to social unrest, which lead to wars. Watch me discuss this with Martin Bashir. [link]
And of course, the week wouldn't be complete without another case of obvious Congressional corruption. This time, it's that Congressmen have fewer restrictions on insider trading than CNBC anchors. [link]
Want a solution? We've got one. A 28th Amendment to the Constitution. We need a great 28 debate to get money out. Been meeting with lots of folks who want money out of politics, and we talked about it on the show yesterday. [link]
Want more solutions? To find them, we kicked off the week talking all about hot-spotting, which works with finding heath care cost reductions, crime reductions, and even major improvements in inner-city education. (You can check out all of our hot-spotting content here.)
Of course, the week wouldn't be complete without my message to Eric Holder on how to easily prosecute banker crimes. [link] For a harsher tone, see what my buddy Spitzer has to say to the SEC at Business Insider: [link]
We must solve our problems, not just because of the risks of inaction, but because of the opportunities in front of us.
As always, please send me, comments, and ideas.
Onward and Upward!
Dylan
New Reply
1


Search for People

Enter part of a name below to search our members.
Search People
Advanced

Our Members