Posted in Economics & Globalization, Politics & Public Policy, tagged 21st Century, adopting, agitators, allegations, alter the way we live, American, analogy, Asean Plus Six, Asian, bailout, Barack Obama, barriers, block, bode, body, borders, bottom line, brainwash, broken, bureaucracy, business, capitalism, challenges, change, civil unrest, codependent, coercion, collectivist, commonwealth, communism, comparative advantage, competition, concentration of power, confederacy, conflicting, consolidate, conspiracy, conspirator, Constitution, cooperation, corporation, crisis, culture, currency, customs union theory, deconstruct, deliver on, downside, economics, emergent, enmeshed, evolution by stealth, expedient, experiment, fascism, fearmonger, federation, fiction, finance, foolhardy, force, foreign policy, framework, free trade, freedom, Friedmanesque, Friedmanism, future, global, globalization, goal, groups, guarantee, H.G. Wells, H.W. Bush, history, hope, horizon, human, idealism, imagined, impersonal, in name only, independence, individual, interregionalism, is United States, Jerome Corsi, jobs, justice, language, law, legal, legislation, liberty, lies, logical extension, maps, market, Media & Social Media, member, metaphor, military complex, myth, NAFTA, NASCO, nation, national sovereignty passe, nationalization, nature, neocapitalist, neoclassical economists, net gain, new deal, new economy, new empire, new world order, North American, NWO, offset, opponents, opportunity, opt out, optimal currency area theory, organization, oversell, peacetime, policy, policymakers, practical, pragmatic, president, Prime Minister Brown, principles, progress, promise, proposals, prosperity, psychology, public opinion, push, raindrops, real, reality, reconstruct, Reform, regional security complex, regionalization, relationship, representative, representative democracy, rights, Ross Perot, rule of law, scale, secure, security, serious questions, shift, Single Market and Economy, socialism, speak out, specialization, SPP, states, stimulus, subservient, succession, SuperCorridor Project, sustainable, theory, threat, timeline, Trans-Texas Corridor, transnational, transnational progressives, treaty, trend, Union, unrest, Urban Legend, usher in, Utopian, venture, wages, weakest link, WFM, Woodrow Wilson, workers, world federalism movement, world leaders on October 30, 2009| Leave a Comment »
President H.W. Bush, borrowing a phrase from an earlier era, popularized the term “New World Order” (NWO) in the early 1990s. But while the New World Order has legitimate roots, it has come to be associated with little more than paranoid conspiracy.
Given what we’ve witnessed in recent times, however, is it wise to continue to dismiss the notion out-of-hand?
Posted in Economics & Globalization, tagged accountability, Arabs, assets, bailout, bankruptcy, banks, Bernanke, blame game, Bush Administration, capital, capitalism, cell, cell-based, China, Clinton Administration, commodities, community, comptroller general, contraction, corporate, corporations, credit, David Walker, debt, defaults, deficit, deflation, Depression, deregulation, Dollar, DOW, downturn, economics, economists, ecosystems, efficiency, emergency, Federal Reserve, financial, financial services, fire sale, Fiscal Wake-Up Tour, foreign currency, foreign policy, globalism, greedy, Green, Greenspan, Greifeld, GSE, homeowner, inflation, insolvency, institutions, interest, international, investment, investors, IOUSA, lending, local, Main Street, manufacturing, markets, McMansion, mergers, Mid East, middle class, model, models, mortgages, multinational, NASDAQ, national security, No Bailouts Act, Nordic, organisms, outsourcing, Paulson, Phil Gramm, policy, prepare, president, productivity, protect, rates, recession, redundancy, regional, regulatory, resource shortages, risk, S&P, savings, scapegoats, socialism, sovereign wealth funds, stagflation, subprime, supply chain, supply chains, survivalism, sustainability, Sweden, systems, taxes, taxpayers, Titanic, too big to fail, trade, transcontinental, treasury secretary, trillion, underwriters, unemployment, Wall Street, waste, World Federalism on October 7, 2008| 3 Comments »
When you listen to the pundits and economic experts, you come away with a mixed bag of blame for the economic woes the United States, and by turn the global economy, presently faces.
At first blush, it’s middle class “Annie” with her subprime mortgage, too ignorant or materialistic to admit that she can’t afford the McMansion she lives in.
At second glance, it is the greedy, not-my-problem mortgage broker who knows banks routinely sell off homeowners’ loans to Wall Street investors who will be left holding the bag when homeowners default.
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