Category Commentary

US Mortgage Brokers Lobby a Win

More at The Real News A win for them, further strangulation of the US economy for the rest. By failing to allow those at-risk mortgagees to negotiate a more realistic mortgage, this will send many more famillies to the wall,…

Vanuatu’s Sovereignty Surrendered

How independence was never intended to mean freedom When: Thurs April 30th, 6.30 for 6.45pm Who: Karl Fitzgerald, Prosper Australia Project Coordinator and 3CR’s Renegade Economist. Download Flyer Vanuatu means ‘Eternal Land’. However, our recent visit to these idyllic lands…

Real estate bubble? Been here before

photo credit: dave_7 Polly Cleveland Economists conventionally attribute the Great Depression to blunders by the then-new Federal Reserve Bank. According to this story, promoted by Milton Friedman and the Chicago School, after the stock market crash of 1929, the Fed…