". . . But the past does not exist independently from the present. Indeed, the past is only past because there is a present, just as I can point to something over there only because I am here. But nothing is inherently over there or here. In that sense, the past has no content. The past -- or more accurately, pastness -- is a position. Thus, in no way can we identify the past as past." p. 15

". . . But we may want to keep in mind that deeds and words are not as distinguishable as often we presume. History does not belong only to its narrators, professional or amateur. While some of us debate what history is or was, others take it into their own hands." p. 153

Silencing the Past: Power and the Production of History (1995) by Michel-Rolph Trouillot

Saturday, September 27, 2014

Why Banks Don't Worry About the Fed

A confidential report and a fired examiner’s hidden recorder penetrate the cloistered world of Wall Street’s top regulator—and its history of deference to banks.
by Jake Bernstein 

This American Life audio version can be heard here

It is essential reading / listening for every one who is affected by the boom and bust cycles, both of which tend to make the 99% poorer and the 1% richer, that the U.S. calls an economy.

As are the members of the Federal regulation investigators who do the job they are hired and paid to do -- when they do it they get fired.  Like Carmen Segarra.

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