Down in the hard wiring and chemistry of the brain's survival instincts, if you show someone a picture of Roger Clemens and talk about the charges that he lied, it's like showing them a picture of a snake.
Should we really believe that 20 million people purchasing luxury goods such as jewels, fashion, yachts, private planes and lavish international travel will be a major boost to the U.S. economy! Come, on.
While Alan Greenspan has been busy denying any blame or foresight into the financial crisis, Paul Volcker has been working to dissociate the speculative risks of hedge funds from banking. But "The Volcker Rule," does not go far enough.
Not only do bond rating agencies rate countries and businesses, but they also rate universities, and a careful examination of their rating reports shows that their seemingly neutral analysis is often full of neoliberal beliefs.