May 04

Q&A: Janet Tavakoli on Finance and the Economy

Posted by Kristjan Velbri | Posted in Finance, Video | Posted on 04-05-2009

Brian Lamb, CEO of C-Span, interviewed Janet Tavakoli, president of Tavakoli Structured Finance and author of Dear Mr. Buffett, on the causes of the global financial meltdown and how to fix it. Ms Tavakoli took on such topics as Tim Geithner’s cozy relationship with beneficiaries of the bailout, Hank Paulson’s role as an interested man, Robert Rubin as an interested man, financial meth labs, incompetence at the SEC, backdoor bailouts, and more.

When asked whether or not certain individuals had done anything illegal, Ms. Tavakoli responded that she did not think anyone did anything illegal, because Congress did not pass laws to make it so.


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May 01

Bill Moyers Journal on the Pecora Commission

Posted by Kristjan Velbri | Posted in Financial Regulation, Video | Posted on 01-05-2009

Bill Moyers Journal did an excellent video report (also available as a podcast) on the Pecora Commission, the name commonly used to describe the inquiry begun on March 4, 1932 by the United States Senate Committee on Banking and Currency to investigate the causes of the Wall Street Crash of 1929. The name refers to the fourth and final chief counsel for the investigation, Ferdinand Pecora. Bill Moyers speaks with economist Simon Johnson and Ferdinand Pecora biographer and legal scholar Michael Perino.

You can read more about the Pecora Commission here. If you feel like you have a lot of time on your hands, you can go deep into the archives of the Federal Reserve Archival System for Economic Research and read all about it.

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Apr 30

Crash Course – Energy, the Economy & the Environment

Posted by Kristjan Velbri | Posted in Energy, Video | Posted on 30-04-2009

In “The Crash Course”, Chris Martenson presents an in-depth consideration of the Economy, Energy, and the Environment. Not only does he explain the fundamental causes of the current economic crisis, but he also demonstrates how the problems facing the economy are related to concurrent issues regarding our sources of energy and climate change. The information provided is eye-opening and vital to understanding the world in which we live and how that world will change in the near future.

Presented as a concise and easy-to-understand video production in language accessible to all, The Crash Course is completely free, in an attempt to inform as many people as possible about the problems we face, and action we can take in response. As Chris says: “In order to know where we are headed, we have to know where we are, and in order to know where we are, we have to know where we have come from.” That is precisely what “The Crash Course” tells us.

Click here to go to Crash Course playlist on Youtube. If you are really impatient and don’t want to watch each and every one of the chapters, then here’s my selection of the most important ones:
Money Creation (chapter 7)
Inflation (chapter 10)
Fuzzy Numbers (chapter 16)

If you have the time, you should really watch all of them. It’s really that good!

Here’s the first chapter:


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