Monthly Archives: July 2018

15

Welcome to Planet Ponzi

by Mitch Feierstein about 3 weeks 2 days ago

You know that scene in Mr. Smith Goes to Washington? The one where the good guy, Jimmy Stewart, stands up in the Senate protesting the graft and corruption he sees all around him. He’s not as smart as the other Senators. He was only elected by accident and knows that he’s not properly qualified to […]

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The importance of engagement and negotiation seem all but forgotten in the rush to condemn Trump over his attempts to repair the United States’ relationship with Russia. Instead of praising Trump for his efforts to strengthen the relationship, the traditional media attacks everything President Trump does in an attempt to deflect attention away from the […]

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0

Hypocrisy and Demagoguery: The Real US Democratic Party

by Mitch Feierstein about 3 weeks 6 days ago

Alexandria Ocasio-Cortez – A naive, extremist anti-American New York congressional candidate.  When Donald Trump was democratically elected the 45th president of the United States of America, the Democrats decided to create a “resistance” party to remove Donald Trump from office. The face of political advocacy and the neo-liberal agenda for the new Democratic party is […]

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19

What Is a Ponzi Scheme?

by Mitch Feierstein about 1 month 4 days ago

A Ponzi Scheme applies to any investment scheme where the promoter offers crazy returns to attract investors. If you invest your money in such a scheme, you might even get it back – plus some crazy rate of interest – as long as there’s still a flood of money from new investors. But the scheme […]

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22

When Democracy Dies

by Mitch Feierstein about 1 month 1 week ago

Planet Ponzi – the massive build-up of debt, the total loss of political transparency – had caused multiple casualties across the world. The failure of banks, the huge rise in government debt, the failure of business, the loss of jobs, the pressure on real incomes – all these things stem from the same dark causes. […]

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