Tag Archives: credit cards

Brace Yourselves: We May Live in a Hologram

This has been a big week for science announcements. First, there was the announcement that there may be life on Mars, and now New Scientist is reporting suggestive new evidence that the universe may be a holographic projection, in three dimensions, … Continue reading

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Bank Run Time?: Are Bush and Paulson Presiding Over an Economic Damn That Is About to Break?

Is George Bush Herbert Hoover, and Henry Paulson Thomas Lamont? See Nouriel Roubini’s latest, and sobering, take on the possibility of a bank run here.

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Great Depression 2.0: Is Treasury Secretary Henry Paulson a 2008 Version of 1929’s Thomas Lamont? (Lamont Was a Banker Who Put Together a Briefly Successful Luqidity Deal Before the Market Fully Collapsed.)

Thomas Lamont was an American banker, a fascist sympathizer, and someone who made use of a private yacht as part of his daily commute to Wall Street. In Ocober of 1929 he was a central player in putting together a liquidity … Continue reading

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Is John McCain Old Man Potter—and Barack Obama Jimmy Stewart? The 1929 Bank Run Scene from “It’s a Wonderful Life”

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“I.O.U.S.A”: This is the Title of a Film Documentary on the National Debt that Premiered at Sundance in 2008—and My Guess is that It’s Going to Get a Lot More Attention in Light of the Global Markets Crisis

Here’s the film trailer for I.O.U.S.A: And here’s Greenspan on the crisis:

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