Executive Summary Banks have long been considered different from other types of corporations. They have been assumed to have a public service function that has been increasingly eroded from earlier years. Introduction Banks exist because of governments (or in ancient times temples, which were also supported by and connected to governments). Banks without the support…
Executive Summary Whenever a bank needs government protection or a bailout, they begin lying about their public service function. Introduction During the Continental Bank bailout, the same old arguments about the public service function of the bank were raised to build sympathy for the bank. This is explained in the following quotation. The bankers argued…
Executive Summary In June of 2021, there are multiple financial bubbles that require analysis in the US. Introduction This article covers 2021 US real estate bubble and will propose an investment strategy based upon this analysis. Bubble #1 Real Estate Bubble How Much is the Housing Market Overheated By the Last Bubble? At the peak…
Executive Summary We had this excellent and descriptive submission on our Indian IT Discrimination Survey. It is filled with great information and links. Introduction The following is a submission to our Indian Discrimination Survey. Do You Know Indian Recruiters? Yes! I know about the Indian Recruiters… They have screwed me over 8000 times since 2009!!!…
Executive Summary Software vendors make frequent mistakes in their marketing. We cover some of the major ones in this article. Introduction This article explains the complications in leveraging IT analysts for smaller vendors. Our References for This Article If you want to see our references for this article and other related Brightwork articles, see this…
Executive Summary These are the references that were used for our financial analysis articles. Learn why so few entities include references in their work. Introduction This is the reference list for the financial analysis articles, as well as interesting quotes from these references at Brightwork. You can select the article title to be taken to…
Executive Summary Lincoln created debt-free money during the Civil War called the greenback. Introduction Lincoln created the Greenback and wanted the US government to issue its own money, an idea by Richard Taylor. Lincoln allowed passage of the National Bank Act, which allowed private banks to create, which Lincoln opposed and would have likely reversed….
Executive Summary Alan Grayson is one of the few politicians to have effectively questioned and challenged private banking interests. Introduction Grayson displayed a level of grit and willingness to confront corrupt banking interests that make him a throwback to the tradition of earlier US politicians. Grayson stood out for his ability to pull back the…
Executive Summary Unearned income used to be an area of study of economics, but it was eliminated as economics was taken over by elite interest. Introduction The Chicago School of Economics proposes that there is “no free lunch” and that there is not a dollar overpaid, nor a dollar underpaid in economies because of the…
Executive Summary Dean Baker is a highly visible critic of mainstream economics. Introduction Dean Baker is one of the most important non-mainstream economists and a co-founder of CERP. He has been a long time skeptic of the political focus on high public debt and one of his areas of specialty is debunking the mainstream media’s…