Too good to miss! SNL’s Best Clip all year!
A Little Humor for a Monday – Befitting before Turkey Day!
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Category Archives: WORLD AFFAIRS
We will miss you Robin.
Robin Williams’ Wall Street Jokes Make Charlie Rose Laugh Hysterically
Robin Williams 1951-2014
Protesters Take To Streets Demanding An End To Detroit’s Water Crisis – The “City’s whoops” on the backs of the people… Al Sharpton tells it like it is!
CROOKS AND LIARS – Post:
Friday morning there was a massive protest in Detroit over the water crisis there. Netroots Nation attendees gathered together with National Nurses United to make a statement about how immoral and cruel the water shutoffs to poor people are. Continue reading
“Real Cause Is Regulatory Capture/Corruption”
Posted by Larry Doyle of Sense on Cents
Letter to Editorial Board of The New York Times: “Real Cause Is Regulatory Capture/Corruption”
EXCERPT: “Lying, fraud, self-dealing, blatant misrepresentations and more as laid out in this lawsuit against Barclays are symptoms of a Wall Street that remains out of control. What is the cause that needs to be addressed, exposed, and rectified? A financial regulatory system that covers the spectrum of being ill-equipped, incompetent, captured, and corrupted.” Continue reading
Charles Lewis: 935 Lies: The Future of Truth and the Decline of America’s Moral Integrity
Posted by Larry Doyle on June 23, 2014
Sense on Cents: One of the best lines I ever read in The Wall Street Journal was attributed to then CEO of First Boston Allen Wheat. When asked about a senior executive who had recently departed the firm, Wheat rhetorically inquired and responded, “How do you know when he is lying?” “His lips move.”
Regrettably, couldn’t we say the same about so many of our so called political and business leaders? I think there is little doubt.
Life in and around Washington, Wall Street, and elsewhere in America now seems much more to revolve around rationalization than integrity. With the media often complicit in allowing the lying to go fully unchecked, our society suffers. Against this backdrop, I am very excited to pick up a copy of a book scheduled to be released tomorrow entitled 935 Lies: The Future of Truth and the Decline of America’s Moral Integrity written by a new Sense on Cents favorite but longstanding journalistic giant Charles Lewis. Continue reading
Sense on Cents: Message for Tim Geithner On the Release of Stress Test
By Larry Doyle
Dear Tim,
Congratulations on the release of your book. I assure you that I will read it and review it here at my blog.
Given your positions formerly as head of the New York Federal Reserve and Secretary of Treasury, you will certainly receive enormous media attention and exposure in touting your book and your take on dealing with the crisis of 2008. To wit, I see just this morning that The Wall Street Journal is running your editorial entitled The Paradox of Financial Crises.
Tim, let’s cut the bull$hit. Continue reading
Sense on Cents Discovers More Documents Denoting TBTF Damage Awareness During Clinton Era
No President wants the economy to crash on his watch. This is like playing musical chairs or passing the Hot Potato(e) – when the music finally stops who will be taking us down?
Clinton Presidential Documents c.1998: “Who’s on First?”
By Larry Doyle
Every now and then I come across a document or statement that simply stops me in my tracks. In the process of pondering the weight and importance of the embedded message, I am typically left totally aghast.
Today I had one of those experiences as I continued to review the treasure trove of material in the recently released documents from the Clinton Presidential Library. From a document covering the work of the Council of Economic Advisers, I almost spilled my coffee when I read the following: Continue reading
Only 3 days to destroy the world’s economy. Clinton Presidential Documents on Glass-Steagall Repeal Reveal: No Good Reason For Doing This
By Larry Doyle – Sense on Cents
I do not think there is any single piece of legislation in the last 50 years that has had such a profoundly detrimental impact on the American public than the repeal of the Glass-Steagall Act separating commercial and investment banking.
That repeal is certainly not the sole factor that led to the economic crisis of 2008 and the ongoing pain we experience today, but it was certainly critical to the eventual meltdown. There is no great revelation in that assessment. Continue reading
Sense on Cents Book Review: All The Presidents’ Bankers by Nomi Prins
By Larry Doyle – Book Review: All The Presidents’ Bankers by Nomi Prins
While all too much of our analysis of market developments comes to us in the form of sound bites and snippets, leave it to the great writers of our time to provide real depth and study of the business and political relationships that ultimately impact all of us.
I recently completed reading just such a study, All The Presidents’ Bankers by Nomi Prins. The author is not only a Wall Street insider but also highly regarded for her prior books and well documented written and spoken commentaries.
I very much had the sensation of sitting in on a semester long tutorial in Financial and Political History while working my way through this book. Continue reading
Hank Paulson Trusts Neither Wall Street Nor Washington
By Larry Doyle on February 6, 2014
Do you ever wonder if those who ‘find religion’ late in life so to speak are trying to conveniently cleanse their souls before making their way to the pearly gates?
I think in the case of public officials, it is fair to ask if the ‘cleansing process’ is done for purposes of resurrecting an image or if the individual is truly engaging in a meaningful transformation. Continue reading
Deadly Clear 