Following my studies in Business, Law, and Economics at McGill University (B.Com., LL.B., B.C.L.) and Johns Hopkins University (M.A. in International Economics), I began practicing law. I have worked as a Public Interest Attorney for 10 years, helping Seniors seek justice in a society where they are often victimized because they are a vulnerable population. Beginning in 2007, I became consumed with how our leaders were reacting to the crisis. The bailouts of private banks by an ideological free market Republican administration was a game-changing event for all of us. You don't have to be a financial genius to understand that you cannot have Capitalism without failure. Saving our severely compromised banking and financial structures meant a number of things: 1. A Republican administration had opted to privatize profits and socialize losses. The party of self-professed ideological free marketers had done a 100% capitulation as soon as they were confronted by a crisis. That is beyond inexcusable. 2. Our capitalist system was not going to be allowed to clear itself of failed institutions, failed leaders (private and public sector), and corruption throughout our political economy. 3. Our leaders could not be trusted to act in the best interest of their constituents. Rather, they had been co-opted by private interests and were putting us all at risk to save the wealthy and powerful from their own catastrophic legacies. 4. EVERYONE must now be on top of the macroeconomic realities that our leaders are creating for us. They are taking immense risks with our future. 5. The moral hazard created within our society - from the very highest level of banks that now know that they will be bailed out, to the most modest borrower who is being taught to believe that the gov't will step in to stop asset price declines - must be taken into consideration by all economic actors. Fast forward 3 years and a Democratic administration has carried on the same compromised policies. In fact they have expanded them. The same people, in both the private sector and the public sector, are in place. The too big to fail banks are bigger and more entrenched than ever. The incentive systems that put us all at risk have not changed. My mission is as follows: 1. To assess who (analysts, economists, journalists, etc.) can be trusted in terms of uncompromised analysis. 2. To read everything possible, with an eye to protecting US from THEM. 3. To share information, analysis, and conclusions with our community. Community is key.
Former long-time business editor of major US women's magazine and contributing editor at dozens of different "trade" and consumer publications. Author of over 3,000 print magazine articles in past 30 years.
Penn Ph.D., centrist Republican.
Please visit my blogsites:
Baby Boomers-The Angriest Generation http://angriestgeneration.wordpress.com
The Rest of U.S. (for and about political Centrists) http://newcentristera.wordpress.com
and my brand-new blog about Markets:
Capital Punishment-Markets Through the Looking Glass http://marketslookingglass.wordpress.com