New Orleans Sometimes when things just seem too good to be true, it is actually because it’s quite simply not true. At the bottom line, there’s still no substitute for good judgement. Ok, so that’s the moral of this story. You might wonder, what’s the story? Part of it is about bitcoin. I’ve read …
Category: Financialization
Individual Political Donations Matter
New Orleans Many of us have become cynical about the big money in US election campaigns and all of the schemes used by the superrich, corporations, and special interests to flood the zone with cash. There’s dark money. There’s weird foundation scams like the recent $1.6 billion stock sale donation for the Republicans. …
Hiding the Hands Behind Housing Financialization
Marble Falls Financialization of housing was the main target of ACORN Canada’s biggest action in Montreal at its summer convention. The issue in a nutshell is the gobbling up of homes and rentals by private equity and big real estate companies in the process of monopolizing housing markets to drive up prices and …