Muckraker of the Financial System

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

Specialties: ... more


E Tim Duy's Fascinating Take On The State Of The Economy
Tim Duy proves the tepid nature of the current recovery. How will that recovery continue based upon observing his instructional charts?
E Amazon's Jeff Bezos Doesn't Understand Female Shoppers
While it may seem like a bold statement, that Amazon's CEO Jeff Bezos does not understand women shoppers, the truth is, in some areas he doesn't.
E Trump And The Big Renewable Energy Effort
The Paris Accord seeks to reduce global temperatures by a paltry 1.8 degrees. We have to look more into the concept of permanent job creation and loss.
E Trade Deficits, Trump Tirades, Paris Accords
Trump's economic nationalism and worry over trade deficits could hurt America, but the Paris Accords threaten many jobs worldwide.
E Fiat Money, Helicopter Drops, Zuckerberg And The Big Myth
How do we weigh the debate about money, whether it is fiat or something else? This question has been at the forefront of economic debate since President Richard M. Nixon took US currency off of the gold standard.
E Helicopter Money, Not Bond Destruction, Must Replace Debt Forgiveness
Bonds could not be retired until and unless a substitute could be found for them in the financial markets. That is just reality.


Latest Comments
Inflation As Far As The Eye Can See
9 days ago

A little inflation has to be better than a deflation that turns interest rates severely negative. If anything, the Fed may be a little tight. And its history of pruning wages is not pretty.

Can Japan End Its Easy-Money Addiction?
9 days ago

Interesting article, but the economy of Japan, the mainstreet economy, seems healthier than it has been.

‘Beware Global Tapering’: Behold The ‘Safe Bond Supply Shock’
16 days ago

Interesting that someone is actually trying to measure bond demand. Certainly, if we are close to any recession, 10 year treasury bonds will do fine. People cannot afford to be short of them, and as collateral, it would seem that they have to buy, they are compelled to buy them, in order to keep the price high and yields low. Is there anything that this Citibank fellow could contribute on that analysis?

Mark Yusko: "We're On The Path To Another Great Depression"
16 days ago

While we can't be sure of the severity of the downturn, certainly, the demographic argument is a strong one. And #Trump wants fewer people to come to America. My hope is that #Bannon doesn't help this thing get out of hand. I have no doubt he would like to see the mother of all crashes. After all, he owns a media outlet. He can't make money when things are going good. JMO, of course.

Financial “Collateral Damage” Highlights China’s And Fed’s Impossible Task
19 days ago

There is one difference. China could pop a housing bubble and the economy continue to function. They don't mark to market because they are not trapped into Basel Accords. US sovereignty, the good kind of sovereignty, took a hit when we signed off on Basel 2, marked to market assets, and the Great Recession was on.

The Hidden State Of Money
19 days ago

I look at it this way, the bond salesman in chief is the central banker. He has managed to create massive demand for bonds since he took over in the '80's. Structured finance and now collateral for derivatives is a motivation for hoarding. I think Greenspan knew exactly what he was doing, but just didn't want to tell anyone, preferring to explain it away by the concept of "conundrum".

The Fed’s Definition Of Price Stability Is Likely Different Than Yours
20 days ago

On the other hand, in the Great Depression, my parents wages were cut while their bills stayed the same. Deflation, real deflation, is a recipe for disaster as well. And it is, perhaps a greater and more accute recipe for disaster.

Bitcoin Markets Compared With Fiat, Gold, And Famous Billionaires
22 days ago

We have little inflation and people are worried about traditional currencies? Really? Why?

Tesla Model 3 Ramp May Go Faster Than Expected, But That’s Not What Matters Most
22 days ago

Elon Musk may prove that even genius carnival barkers can swindle a trusting investor. I hope that isn't the case, but when he sells everything at a loss you start to wonder. Nice warning article.

In this article: TSLA
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Latest Posts
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.
Trump's Embracing Unions Will Cause Economic And Oil Strife
If POTUS does not care about exporting, he would obviously want to get a lot more money into the hands of the US workforce fast. Unions would be a tool for making that happen. Unions that embrace oil pipelines will oppose native Americans.

Work Experience

Examples of Globalization Blog
2010 - Present (7 years 8 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.


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