Muckraker of the Financial System

I have published on two other prominent financial websites, Seekingalpha.com (as Gary A) and at Businessinsider.com. I muckrake the banking system and found premeditated causes for the housing bubble and subsequent meltdown. I am married with 4 grown children.

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ALL CONTRIBUTIONS

E Ron Feldman's Fed Secret And Treasury Bond Behavior
Bank bonds, especially TBTF bank bonds are safe and risk free, because the Fed will protect them as a matter of policy. So says Ron Feldman of the Minneapolis Federal Reserve Bank.
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E Kalecki's End Of The Business Cycle; Bond Wars
Manufacturing investment decline coupled with a commercial real estate bubble that could constrain retail investment are a double dose of potentially bad news. It could be that the business cycle's days are numbered.
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E Did Goldman Sachs Have Anything To Do With Market Volatility?
Did Goldman Sachs facilitate the volatility we are seeing in stocks and bonds?
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E Trump Tax Cuts And Yellen's New Normal
This discussion will get to trump's tax cuts and how they fit in with the present day financial situation. But first it is necessary to report on Janet Yellen.
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E Saving The Economy: NGDP Targeting For The People
We face the threat of an expanded Fed balance sheet, zero lower bound in the next downturn, and the inequality of wealth, seemingly ever increasing. Helicopter money will simply have to be considered as a means to evening out the money supply.
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E Is USA Low Capacity Utilization Low Enough To Prevent Recession?
Low capacity utilization and weak labor are with us in full force. Capacity utilization still runs below the fifty year average of 80.31 percent in the United State. We may be at the point where our low capacity utilization may not be low enough.
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Comments

Latest Comments
An Objective Look At Bitcoin; What No One Is Giving
44 minutes ago

I want to add that money determines value. Gold is determined by money. The price of Bitcoin is determined by money. So, money is money and Bitcoin is more like gold, or maybe fools gold.

In this article: BITCOMP
An Objective Look At Bitcoin; What No One Is Giving
56 minutes ago

This is the first bitcoin article I have ever read. It is proof the thing is pure speculation. That is very dangerous. If you can't afford to lose, don't play this. I think I lost brain cells trying to grasp the certainty of it when the author ends on an uncertain note. Bitcoin has more heads than Scientology. Like that many headed snake, Bitcoin is certainly massive speculation. And I still have no idea what it is. I know 21 million coins can't be a currency, that much I am certain of. Forbes says in many articles that it is an asset. Assets cannot replace central banks.

In this article: BITCOMP
US Fiscal Policy Will Lead To A Debt Catastrophe: Goldman
1 hour ago

The alum set up the instability. And the firm warns of the instability its own alumni set up. Something is not right with that picture. Goldman must know there is a cap on rates. But they probably won't tell most of us even if they do. Goldman does not seem to worry much about its 44 trillion or so of derivatives. Somebody needs to find out why.

Goldman Warns On U.S. Fiscal Policy: ‘We Are Heading Into Uncharted Territory’
2 hours ago

Goldman alumni pushed through the irresponsible tax and spend plan. Now Goldman warns it is pushing us into uncharted waters. I hope that people will see that there is something wrong here.

An Inflation Indicator To Watch, Part 1
13 hours ago

I think bank credit does increase the broad money supply while the Fed can increase the base money supply. I think there is something to your view. I just don't know how powerful regular bank lending is compared to base money creation. Somehow I don't think they are on the same level, though I can't explain it. But still an interesting article. However, on one point, it was the end of QE that was supposed to cause inflation. QE just drives up demand for bonds and causes asset inflation, not real wage based inflation.

I Bet You Care About The Bond Market Now, Don’t You?
14 hours ago

Goldman men busted the budget. Mnuchen, and Bannon wanted to do so to unsettle the markets and create volatility. Lloyd Blankfein couldn't be more pleased. However, it may be a dream of Goldman's that long rates would go up to 3.25, creating more volatility which would allow Goldman to make more money. if any bank could engineer it maybe Goldman could, but they could just be injecting volatility talk at this point.

Garment Bots Will Replace 60 Million Apparel Workers
14 hours ago

We are not on the verge of fully autonomous cars, Mish. But I totally that the squeeze on employees, with asset inflation and wage weakness, is a toxic combination.

Retail Apocalypse Accelerates: 200 Winn-Dixie Stores To Close As Parent Goes Bankrupt
19 hours ago

You can order from Walmart and Kroger and spend a lot less than Whole Foods. Besides, I don't want tears in my order. Amazon is ruthless toward its employees, IMO.

In this article: WMT, AMZN
Trump Tax Cuts And Yellen's New Normal
1 day ago

I just want to emphasis the point of the article that when Yellen said the yield curve inversion no longer mattered it signals two things. First, it signals that the Fed is determined to impact short rates, but second, it acknowledges that the conundrum may well be with us as longer bonds won't be greatly affected. Is that a realistic view? I think it is possible.

Retail Apocalypse Accelerates: 200 Winn-Dixie Stores To Close As Parent Goes Bankrupt
1 day ago

I don't think it is Amazon. It is Walmart and Kroger seem to be dominating. Whole Foods doesn't seem to know if it want to compete on price or if it wants to be a high quality store. It is trying to be both on the backs of its workers. Working for Amazon is almost like being on the plantation what with workers crying and the like.

In this article: WMT, AMZN
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Gary Anderson Commented on An Objective Look at Bitcoin; What No One is Giving:

I want to add that money determines value. Gold is determined by money. The price of Bitcoin is determined by money. So, money is money and Bitcoin is more like gold, or maybe fools gold.

Gary Anderson Commented on An Objective Look at Bitcoin; What No One is Giving:

This is the first bitcoin article I have ever read. It is proof the thing is pure speculation. That is very dangerous. If you can't afford to lose, don't play this. I think I lost brain cells trying to gr...

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PERSONAL BLOG

Latest Posts
The Cult Of Tesla's Elon Musk
I focus here on Elon Musk, because he is likely the the most powerful cult leader in America, other than perhaps Donald Trump. Elon Musk seems to be able to make outrageous statements and still retain his followers.
Trump Administration's Strange Response To Ford Relocating To China
Trump Embraces Ford Focus production in China when it railed against them being produced in Mexico. Why is this?
It Is Getting Serious With POTUS: Deep State Versus Russia Connection
It appears that Steve Bannon is now courting favor of the White House. I wrote about how radical he is as he has espoused a libertarian economic agenda on steroids.
The Curse Of Trump Is In Cutting Back On The Poor
The United States is a prosperous nation. But attacking the poor is not the way to remain prosperous. It has been tried before with disastrous results.
Tourism And The Trump Letter To Renegotiate NAFTA
NAFTA renegotiations are unleashed. But Canada and Mexico are our greatest tourist partners.
The Coming Trump Coup Could Impact Stocks
The coming Trump Coup appears in the works. Will Donald Trump resist, forcing an existential battle with a long time ally?
Tourism At Risk: Facebook Doesn't Kill People, People Do
I believe that Donald Trump wants to make America almost totally insulated from goods coming in, from people coming in, from a healthy interactive contact with the world, and rely on Americans to buy the products made here.
Geopolitical Risk Rises In The Americas: Mexico's Nuclear Capabilities
You must realize that Mexico decided to stop enrichment to nuclear quality after NAFTA. NAFTA was, politically, in the national interest of the United States. You are basically saying, Mexico, if you don't pay for the wall, pull out of NAFTA.

Work Experience

Blogger
Examples of Globalization Blog
2010 - Present (8 years 3 months)

On my blog I discuss the past housing bubble, the crash and future housing bubbles and scams. Offering easy money loans should be against the law but is not. Selling bogus AAA rated bonds should have been prosecuted but the scheme came from the bankers at Basel 2. You can't go higher than that. http://www.examplesofglobalization.com

Education

University of California, Santa Barbara
1967 / 1970
Political Science & Government

Publications