Go-Go-90s: Crackpot! (2 of 3 – Great Video)
** Oct 3, 2011: I am re-posting this Feb 2010 post for more light ** Yes, the former Federal Reserve Board Chairman, Greenspan is a…
Greenspan
Focus on the “Cult of Ayn Rand”
Do you know – Alan Greenspan could be characterized as No 1. Randian and he tried to implement his interpretation of Rand’s ideology into controlling…
Feds to Continue their War on Savers
With current financial turmoil entering its fourth year, it is time to reflect on things that got us here. Today Ben’s bandits at the Fed…
What Motivates Us? [Must Watch]
I teach Engineering Economics, which is essentially an introductory subject on infrastructure finance. One of the questions I routinely asked in this class was, “if…
Rao Chalasani on Financial Crisis (2 of 2)
I mentioned about Mr. Rao on this blog some time ago when I talked about quants. I caught-up with Rao to make sense out of the Euro crisis. Even though Rao is retired and claims that he is not in touch with what is going on in the markets lately, he is as sharp as ever. This 40 min long interview sheds light on a number of fundamental reasons for current state of world’s financial mess. Those who followed me on my Teluguone Radio show or read my articles on various blogs might find that my views are eerily similar to his views.
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Making Sense of Financial Crisis with Rao Chalasani 1 of 2
Mr. Rao Chalasani was a veteran Wall Street economist who retired in 2000. His long career included stints as the chief economist at Everen Securities which later became First Union Securities. Currently FUS is a unit of Wells Fargo. In the 90s he was frequently quoted in the Wall Street Journal. He was one of the straight shooters on Wall Street and one of the few whom I respected and I paid a lot of attention.
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“Congratulations America, You Now Own Red Roof Inn!”
I despise the Federal Reserve Board with a passion. Especially the Fed under Greenspan and Bernanke. The right anger has to be aimed at the…
Free Markets: Do they Exist?
There is a lot to discuss on this subject. For lack of time, I was not able to participate in the discussion started by Sandeep….
Greenspan on the Hill: “Don’t Blame Me” (Again)
Greenspud was on the hill today and tried to distance himself from any responsibility for helping the banks rob you in the broad daylight.[Via NY…
Go-Go-90s: Introduction (1 of 3)
The purpose of this post is two-fold. To give some background on my earlier blogging (or its predecessor: bulletin board life) on the subject of…