Bill Black: Our System is So Flawed That Fraud is Mathematically Guaranteed

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I don’t agree with everything Professor Black prescribes. He and I have pretty different views as to the roll of government generally.

However he advocates shining a light on the dark swamp which is our worldwide financial system, where super leveraged bankers swim through the economic muck like pinstriped alligators. And we are certainly for that.

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Note to Our Progressive Friends: Check Your Arithmetic

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Critics of crony capitalism are found on both the left and right. This creates a very interesting alliance. For example, left and right work together to audit the Fed. We can also audit each other’s ideas for factual accuracy.

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