Still Banking on Fraud (William K. Black)

Vigilance: Our Strength

Bill Black Is Everywhere: We just posted the feature article by Bill Black (aka William K. Black, professor of economics and law at the University of Missouri at Kansas City), from our January/February issue, Still Banking on Fraud.  It's a great read, though depressing.  Here's what one subscriber wrote in to say:

There has been no better article on economics than the one you  featured written by William K. Black. There isn't a prize in the  established world that could do it justice. The man writes forcefully,  with a keen ear for telling phrases "theoclassical,"  "control fraud," ) and an absolutely deep, detective's level of  knowledge about our economic-political supersystem. Thanks for such a  stunning article in a grand issue.

Martin White, Salem N.Y.


Bill also had a nice piece on Huffington Post, The Anti-Regulators are the "Job-Killers". (Though you may have heard that in the post-Tucson era of "civility," the phrase "job-killer" is apparently verboten--John Boehner is apparently now speaking of "job-destroying" spending instead, according to the New York Times. So it is still ok to engage in class warfare--whoops! class struggle--but you just can't use violent language. What an improvement!)

And Bill said he was interviewed for NPR's Morning Edition, but I can't find it on their site.  Be vigilant tomorrow morning...

--Chris Sturr

P.S. Hat-tip to Larry Peterson for today's image.

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