Farewell. The Flying Pig Has Left The Building.

Steve Hynd, August 16, 2012

After four years on the Typepad site, eight years total blogging, Newshoggers is closing it's doors today. We've been coasting the last year or so, with many of us moving on to bigger projects (Hey, Eric!) or simply running out of blogging enthusiasm, and it's time to give the old flying pig a rest.

We've done okay over those eight years, although never being quite PC enough to gain wider acceptance from the partisan "party right or wrong" crowds. We like to think we moved political conversations a little, on the ever-present wish to rush to war with Iran, on the need for a real Left that isn't licking corporatist Dem boots every cycle, on America's foreign misadventures in Afghanistan and Iraq. We like to think we made a small difference while writing under that flying pig banner. We did pretty good for a bunch with no ties to big-party apparatuses or think tanks.

Those eight years of blogging will still exist. Because we're ending this typepad account, we've been archiving the typepad blog here. And the original blogger archive is still here. There will still be new content from the old 'hoggers crew too. Ron writes for The Moderate Voice, I post at The Agonist and Eric Martin's lucid foreign policy thoughts can be read at Democracy Arsenal.

I'd like to thank all our regular commenters, readers and the other bloggers who regularly linked to our posts over the years to agree or disagree. You all made writing for 'hoggers an amazingly fun and stimulating experience.

Thank you very much.

Note: This is an archive copy of Newshoggers. Most of the pictures are gone but the words are all here. There may be some occasional new content, John may do some posts and Ron will cross post some of his contributions to The Moderate Voice so check back.


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Monday, December 13, 2010

Are Criminal Bankers EVER Going to Jail???

By John Ballard


Yet another inciteful post, this time from Zero Hedge.


Bill Gross, Nouriel Roubini, Laurence Kotlikoff, Steve Keen, Michel Chossudovsky and the Wall Street Journal all say that the U.S. economy is a giant Ponzi scheme.

Virtually all independent economists and financial experts say that rampant fraud was largely responsible for the financial crisis....


But many on Wall Street and in D.C. - and many investors - believe that we should just "go with the flow". They hope that we can restart our economy and make some more money if we just let things continue the way they are.


But the assumption that a system built on fraud can continue without crashing is false.


In fact, top economists and financial experts agree that - unless fraud is prosecuted - the economy cannot recover.


Fraud Leads to a Break Down in Trust and Instability in the Markets



It's a long post.
Like Bernie Sanders' speech last week.
Piling up evidence like snow in Minnesota.


And still it seems not to be enough.


No need to parse quotes here. There are so many it would be like reading a phone book.
Every time I come across this stuff it makes me want to turn off the computer and do something else. Like listening to Senator Sanders, speaking the truth in reasonable tones with plenty of facts and statistics to back up what he says.
Thinking about it makes my head explode.


I need to start my day. This is all I care to post this morning.
The Greenspan video is poorly formatted so here it is so you can see the whole frame.











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3 comments:

  1. DonDecember 14, 2010 at 4:00 AM

    No, they aren't. By the time we can get even a liberal government in place, on the most optimistic timeline, the statute of limitations will have passed and the bastards will have escaped.
    This is why I support a steeply progressive income tax and a high estate tax: to reclaim the stolen wealth.

    ReplyDelete
  2. T. GreerDecember 14, 2010 at 2:23 PM

    This reminds me of a blog post I highlighted at my place a few weeks ago - Ashwin Parameswaran' "The Impact of Crony Capitalism: the Great Stagnation"
    It is a bit more on the technical side, but I think it may interest some of those here at NewsHoggers.

    ReplyDelete
  3. John BallardDecember 14, 2010 at 10:33 PM

    Thanks for that, T.Greer. Somewhat dry, and I had to look up a couple of terms, but I see what you mean.
    One might think that smart people would know and behave better, but one would be wrong.

    ReplyDelete

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