Tag Archives: Barack Obama

Our Next Fed Chair, A Proven Fighter for All Americans: Sheila Bair

As featured on The Huffington Post: Phil Angelides is a man who should know. He served as Chairman of the 10-member bipartisan Financial Crisis Inquiry Commission appointed by the United States Government to investigate the causes of the 2007-2010 financial crisis which was to become known as the Angelides Commission. In a recent opinion piece in consequence…
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France’s “Cri de Guerre”

As featured on The Huffington Post: Ironically it is America’s first ally, France, that has held firm to the precept of holding the Syrian regime accountable for their slaughter of innocents in breach of international law by the indiscriminate use of poison gas, and at that the most gruesomely deadly agent in the lexicon of…
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JPMorgan Chase’s Culture as Economic Parasite

As featured on The Huffington Post: The culture of what we expect from banks is not overly complex. They are institutions meant to safeguard our deposits and are meant to anchor and enhance our economy by lending to viable businesses, finance trade and receivables, finance business expansion, help people purchase their homes, and where their…
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The Price of Oil Is Rigged

As posted on The Huffington Post: The U.S. oil market is well supplied, with U.S. commercial crude oil inventories near all time highs, with production of U.S. oil increasing by some million barrels/day from a year ago, with weekly inventory of gasoline jumping by 800,00bbls equivalent last week alone, while Chinese demand is flat to…
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JP Morgan Accused of Rigging Energy Markets. A Feather Duster Anyone?

As featured on The Huffington Post: There they go again. First there was Enron rigging energy markets. Now the sights are set on JP Morgan Chase, where the Wall Street Journal reported on Wednesday, “JP Morgan, Energy Regulator Near Record Settlement.” Record settlement, really? The number bandied about is $1 billion, or one sixth of the…
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