Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

FINANCIAL FRAUD AS GLOBAL MACRO-FORCE
Classic Capital ^ | May 13, 2010 | Wayne Jett

Posted on 05/20/2010 5:22:08 PM PDT by Bigun

Financial fraud drove the U. S. and global economic collapses of 2008, and continues unabated. A U. S. Senate sub-committee heard testimony May 5 titled “The Role of Fraud in the Financial Crisis” by a notable Keynesian, James K. Galbraith. Galbraith called economics “a disgraced profession” for failing to study financial fraud. He said the heart of the U. S. financial crisis was “a breakdown in the rule of law in America.” However, there is a catch.

(Excerpt) Read more at classicalcapital.com ...


TOPICS: Crime/Corruption; Culture/Society; Government; Politics/Elections
KEYWORDS: financial; fraud; mercantilism; senate
As usual, Wayne is right on target with this one.
1 posted on 05/20/2010 5:22:08 PM PDT by Bigun
[ Post Reply | Private Reply | View Replies]

To: Bigun

Gov is the perp


2 posted on 05/20/2010 5:34:11 PM PDT by dalebert
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bigun

Keynesianism is global financial and economic fraud.


3 posted on 05/20/2010 6:30:03 PM PDT by arthurus ("If you don't believe in shooting abortionists, don't shoot an abortionist." -Ann C.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dalebert

Absolutely it is!

Why do we continue to allow it?


4 posted on 05/20/2010 6:37:22 PM PDT by Bigun ("It is difficult to free fools from the chains they revere." Voltaire)
[ Post Reply | Private Reply | To 2 | View Replies]

To: arthurus
Keynesianism is global financial and economic fraud.

A M E N ! ! !

5 posted on 05/20/2010 6:40:21 PM PDT by Bigun ("It is difficult to free fools from the chains they revere." Voltaire)
[ Post Reply | Private Reply | To 3 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson