Comment

Comment by Joan Denoo on November 20, 2012 at 1:43pm

For an index of William Black's reports go to

The Black Financial and Fraud Report:

Today's report:

Black Report: Craziness on Three Continents

Comment by Joan Denoo on November 19, 2012 at 12:50pm

Shadow Banking Grows to $67 Trillion Industry

A stack of $100 dollar bills equals a million dollars, one hundred million, and one billion dollars. Below them is ONE trillion dollars. Notice the wee-little man on the left lower corner. Now think about this a minute, how does $67 Trillion dollars look?  

Comment by Joan Denoo on November 19, 2012 at 11:36am

Ruth, I agree, absolutely. And other comments stand out as well:
“Over the last 40 years global insured losses from climate-related disasters have jumped from an annual USD 5 billion to approximately USD 60 billion.”
~ Swiss Re, the world’s largest reinsurance company

"Ironically, the current method for calculating national economic well-being (GDP), counts the billions spent on fixing storm damages as a plus."

~ Brent Blackwelder

Comment by Joan Denoo on November 19, 2012 at 11:22am

Comment by Ruth Anthony-Gardner on November 15, 2012 at 2:53pm

Brent Blackwelder's language strikes a chord with me: "cheater economics".

... we must move from our current global system of cheater economics and casino economics to a true-cost economy. In a true-cost sustainable economy, the climate-disrupting effects of coal and oil would be factored into their prices, and prices would rise beyond most people’s idea of affordability. Ironically, the current method for calculating national economic well-being (GDP), counts the billions spent on fixing storm damages as a plus.

from Climate Change Trumps Terrorism As Threat To National Security

Neal, all I can say is *Ouch!* Atheists are trusted as much as rapists? Euugh! How could people be so crazy?

Comment by Joan Denoo on November 14, 2012 at 5:40pm

If only Neil deGrasse Tyson were gay and an acknowledged atheist, we could have a president who is gay, atheist, black, and very intelligent. That would be a whale of a lot more beneficial to USA than the dumb ones we have had. I don't mean to imply Obama is dumb, I just disagree with his fiscal policy. 

Comment by Neal Schermerhorn on November 14, 2012 at 3:54pm

http://www.npr.org/blogs/13.7/2012/11/13/164963163/would-you-vote-f...

I was surprised to see NPR write on this topic. Wondering what others have to say.

Comment by Joan Denoo on November 14, 2012 at 3:33pm

Put Elizabeth Warren on the Banking Committee!

We need people on the banking committee who understand finance and the good of the entire population, not just those who vote for greed. 

Comment by Joan Denoo on November 14, 2012 at 1:18pm

Ancient Egypt had a rich history, vibrant enterprises, rich traditions, complex social structures, large armies and a booming economy as told in their petroglyphs, traditions and myths.

Comment by Ruth Anthony-Gardner on November 14, 2012 at 11:35am

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