The Profit Motive August 31
Posts from ‘August, 2010’
KPIG Radio / The Profit Motive August 31
The FDIC 2nd Quarter Banking Profile is out. Problem banks increased by 54 to 829 involving 403 billion in assets, a decrease of 28 billion from the first quarter.
William K. Black — Banking Rackets & Financial Fraud
The result will be that markets don’t recover which means the economy wont recover as we pursue an extend and pretend strategy just like the Japanese.
KPIG Radio / The Profit Motive August 30 Audio
The Profit Motive August 30
KPIG Radio / The Profit Motive August 30
The amount of time between actual default and foreclosure which has reached 469 days or 15.4 months a figure that has been steadily increasing and provides a strong financial incentive to pursue strategic default.
THE AGE OF MAMMON
Never have so few, done so little, and made so much, while screwing so many. “On the Forbes list of rich people, you will find hedge fund managers in droves, but no one who made his money as a hedge fund client.”
Banks’ Self-Dealing Super-Charged Financial Crisis
A detailed look of the banks deliberate promotion of the sub-prime lending fraud and other credit bubble blowing strategies that ultimately precipitated the housing crash and financial crisis we have today.
It is time to demand accountability…..
A discussion of the roles played by the Federal Reserve, Congress, the banking sector and others in the current crises. Essentially they new it would end badly yet deliberately promoted and fostered it.
KPIG Radio / The Profit Motive August 27 Audio
The Profit Motive August 27
KPIG Radio / The Profit Motive August 27
Retail sales as per the Census Bureau have increased on average .34% per month this year which is not going to support an economic recovery or employment growth, which is why we have neither.
Hi and welcome to The Profit Motive, I’m your host Caleb Lawrence. Once upon a time in America the media acted as the watchdog of the corporations and the state. In the modern era it’s all about ratings and profits, opinion has been substituted for news and frequently is presented as fact. Much like my daily radio show on KPIG 107.5 FM in Santa Cruz California and KPYG FM 94.9 Cayucos/San Luis Obispo California. A thousand Blogs were able to spot the current problems and many began discussing it years before it reached crises proportions. While there were exceptions, and these exceptions are becoming more common, the mainstream media failed to get it and largely continue to do so.
