Corporate Intrusion

Purposeful Creation of Bad Investments and Buying Insurance to Protect Creator from Failure of Those Investments

Authentic journalism requires an open mind, getting the details, checking the information against multiple resources to find consistancy and add validity, and time and resources to pull the story together. Here is one journalistic example, of many, done by Planet Money:

For seven months a team of investigative journalists from ProPublica looked into a story for us, the inside story of one company that made hundreds of millions of dollars for itself while worsening the financial crisis for the rest of us.

A hedge fund named Magnetar comes up with an elaborate plan to make money. It sponsors the creation of complicated and ultimately toxic financial securities… while at the same time betting against the very securities it helped create. Planet Money’s Alex Blumberg teams up with two investigative reporters from ProPublica, Jake Bernstein and Jesse Eisinger, to tell the story. Jake and Jesse pored through thousands of pages of documents and interviewed dozens of Wall Street Insiders.

Visit This American Life and click on “STREAM EPISODE” to hear authentic journalism.

They even commissioned a Broadway tone for this rip off of Americas common wealth to continue making the rich richer while ultimately putting millions out of work.

 

Betting Against Yourself and Winning

Bet Against the American Dream from Alexander Hotz on Vimeo.

Andy Hailey

Vietnam Vet, UT El Paso Grad, Retired Aerospace Engineer, former union rep, 60's Republican now progressive, web admin, blogger.

Recent Posts

My Most Recent Postings Are Shared at Op Ed News

--------- Check them out! ---------

11 months ago

Preserving Our Democracy – Allegiance To a Nation OR Serving a More Perfect Union

On the one hand, patriotism divides citizens into multiple factions based on variable notions of a nation and its history. On the…

2 years ago

Voters Can Empower and Protect Our Threatened Democracy

Voters have witnessed a long history of peaceful Executive leadership change.  However, we’ve just seen, 1/6/2021, how fragile that transition…

2 years ago

WAR, Civil or World, Enables Hunting Humans

This is about the need for national efforts to stop enabling haters (individuals and political parties) from optimizing their hunting…

2 years ago

Authoritarian Domination by 2030 in US!

In 2030, the entire world is condemned to extreme inequality, slavery, baby farms with women dressed in red and world domination as originally…

2 years ago

Predatory Capitalism: Chaining It?, Embracing It?, Controlling it?, Saving it?, Replacing It!

Any nation with either an authoritarian political system or an authoritarian economic system, like predatory capitalism, is susceptible to totalitarianism.…

3 years ago