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Tag Archives: William K. Black

People of Integrity Won’t Work for President Trump

By William K. BlackJune 6, 2017     Bloomington, MN Rupert Murdoch controls the Wall Street Journal and Fox News.  Even before he acquired the WSJ its editorial board was known for its members’ ultra-right wing fervor.  The acquisition intensified that fervor.  The editorial board’s fervor has infected the WSJ’s news pages.  That is the context essential to understanding the significance of its June 6, 2017 editorial eviscerating President Donald Trump.  They entitled their editorial...

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Dodd-Frank Was Designed to Fail – and Trump Will Make it Worse

By William K. BlackApril 17, 2017     Bloomington, MN William Cohan’s April 14, 2017 column in the New York Times discusses Daniel Tarullo’s swan song talk on bank regulation.  Here are the key passages from that column for the first half of my discussion. Much to the relief of Wall Street executives, who feared and hated him in equal measure, Daniel K. Tarullo left his powerful perch on the Federal Reserve Board of Governors last week, but not before delivering one last lecture on how...

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Reality Virus Infects Kansas Legislators, Brownback Immune

By William K. BlackMarch 28, 2017      Bloomington, MN The good news is that the Kansas legislature, the land of the lunatics, experienced an outbreak of the reality virus (first diagnosed and named by Steve Keen among neoclassical economists).  The bad news is that the Kansas’ Crazy-in-Chief, Governor Sam Brownback, has proven immune to the virus. Brownback decided to put Art Laffer in charge of Kansas’ taxation policy.  Even neoclassical economists roll their eyes when it comes to...

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Why did Preet Bharara Refuse to Drain the Wall Street Swamp?

[unable to retrieve full-text content]Why did Preet Bharara Refuse to Drain the Wall Street Swamp? William K. Black (A co-founder of Bank Whistleblowers United) March 20, 2017 The New York Times’ editorial board published an editorial on March 12, 2017, praising Preet Bharara as the “Prosecutor Who Knew How to Drain a Swamp.”  I agree … Continue reading → Why did Preet Bharara Refuse to Drain the Wall Street Swamp?

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