Author Archives: Jay Greathouse

US Ponzi Final Fraud

Posted on August 31, 2010 by Jay Greathouse

William K. Black once again points out the obvious in: Why Covering up Fraud Losses Impairs Economic Recovery Part One: The Unbearable Lightness of the Accounting Cover Up While Mr. Black does an excellent job in explaining significant aspects of … Continue reading →

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Stochastic Implications

Posted on July 25, 2010 by Jay Greathouse

The research behind a follow up to last month’s Money post grew past expectations. The history of the U.S. since 1934 involves complex and complicated financial creativity that appears challenging to break down in to understandable units. I will persevere. … Continue reading →

Posted in Economics, Entrepreneur | Tagged | 1 Comment

Money

Posted on June 6, 2010 by Jay Greathouse

Money Money requires specific understanding. A trap lies waiting by assuming that a common sense understanding of money represents reality. “There is no evidence of a society or economy that relied primarily on barter.” Marcel Mauss in ‘The Gift: The … Continue reading →

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The God You Worship

Posted on May 11, 2010 by Jay Greathouse

“You may be a construction worker working on a home, “You may be living in a mansion or you might live in a dome, “You might own guns and you might even own tanks, “You might be somebody’s landlord, you … Continue reading →

Posted in Economics, Ponerology | 4 Comments

The Next Civil War

Posted on May 6, 2010 by Jay Greathouse

The conditions for the next United States Civil War were created by the victors of the first United States Civil War, the corporate elite and their political agents. At issue are rights established with The Declaration Of Independence. The Declaration … Continue reading →

Posted in Economics, Ponerology, Post-Carbon | Tagged , , , | 4 Comments