Lockdowns, Coronavirus, and Banks: “Following the Money”. Devastating Economic and Social Impacts

Lockdowns, Coronavirus, and Banks: “Following the Money”. Devastating Economic and Social Impacts

It usually makes sense to follow the money when seeking understanding of almost any major change. The strategy of following the money in our current convergence of crises in late summer of 2020 leads us directly to the lockdowns. The lockdowns were first imposed on people in the Wuhan area of China. Then other populations…

The Goldman Sachs Effect – How a Bank Conquered Washington

The Goldman Sachs Effect – How a Bank Conquered Washington

Irony isn’t a concept with which President Donald J. Trump is familiar. In his Inaugural Address, having nominated the wealthiest cabinet in American history, he proclaimed, “For too long, a small group in our nation’s capital has reaped the rewards of government while the people have borne the cost. Washington flourished — but the people…

Major Problems Announced at One of the Largest Too Big to Fail Banks in the United States

Major Problems Announced at One of the Largest Too Big to Fail Banks in the United States

Do you remember when our politicians promised to do something about the “too big to fail” banks? Well, they didn’t, and now the chickens are coming home to roost. On Thursday, it was announced that one of those “too big to fail” banks, Wells Fargo, has been slapped with 185 million dollars in penalties. It…