GFC = Good For Corporates

Need to Whack Somebody ??
Creative Commons License photo credit: laverrue

Renegade Economist Show Notes

As broadcast Wed March 25th on www.3CR.org.au
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GFC = Good For Corporates – we unveil more detail on the Geithner plan and fly thru recent economic events – how’s the detroit re-invention? If only we could inspire a mass of protest by white collar producers raising concern about the highway robbery of white collar GFC crime.

Gorbachev Bids Goodbye to Unrestrained Capitalism
By Steve LeVine

“The so-called Washington Consensus…was force-fed to the world.”

“We need to find a new model of capitalism, taking the best of the old model and the best of socialism,” says former Soviet president Mikhail Gorbachev.

*** Remember our letter to Gorbachev in 1990/91. If only we had success, how many Russian mineral billionaires would be wrecking english football?

25 People to Blame for the Financial Crisis

#1 – Phil Gramm

Mexican drug lord makes Forbes’ billionaire list

Global pensions lose $5 trillion in 2008

The study said that over 2008, global pension assets fell to $20 trillion from $25 trillion, a fall of 19 percent which took assets below 2005 levels.

The latest Geithner plan: Logical but not sufficient

Detroit crew rebuild $100 house into green community

Someone is finally making some money off Bernie Madoff.

A Queens construction worker used the swindler’s prison number to play the lottery and won $1,500.

Music

Adventure Time – This Dome Is Our Home
Opa. Narise – First Words
Buchanan and Goodman – The Flying Saucer (pt 1)

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