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Monday, October 15, 2012

Great Blogs to Help You Understand Why You're So Poor

BLOGS THAT WILL GET YOU STARTED:

Here are some great thinkers about the economic state we're all in. Some of them are analytical, some of them angry and less reverant, and one of them completely insane. But they all are great thinkers who have all expanded my own thoughts on these subjects. I hope you'll check these out because they all contain a wealth of information.

So let's get started, shall we? The six questions answered for the instructor are contained in the "what you should know" sections of each.

Enjoy!

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Matt Taibbi: "Taibblog"
What You Should Know: Matt Taibbi, the author of Taibblog, is a Rolling Stone contributing editor with one of the angriest yet funniest voices in the world of economics. And he still remains one of the most intellectual contributors to the world of financial journalism. His blog tackles tough issues, but is always completely un-apologetic in its tone. What drives Taibbi is a desperate desire to call Wall Street out on their BS and hopefully raise awareness to the "vampire squid" (AKA the financial industry) that wraps its tentacles around the face of humanity to suck it dry. He probably makes a little bit of money in this endeavor, but I can tell it's his personal passion that drives him. Taibbi contributes monthly to Rolling Stone and updates his blog about once a week. The comments in his field are generally extremely angry, and people who he's written unflattering things about have sent him several death threats in the past. A testimony to his effective writing style, no doubt. He also has a Twitter and a Facebook page.

Charles Ferguson: Charles Ferguson @ HuffPost
What You Should Know: Charles Ferguson is a filmmaker and writer who has tackled some surprisingly deep subject matter. Both of his documentaries ("No End In Site" about the Iraq war and "Inside Job" about the financial crisis) were nominated for academy awards and Inside Job won the best documentary of the year award. His blog continues to tackle many of the issues addressed in "Inside Job" and he is very acute to the actual nature of the recession. He has stated that his interest in this field is fueled by his need to "lift the veil" and show everyone the true nature of things. He considers himself an investigative journalist, and his chops in this field are uncanny. Unfortunately, he doesn't update his blog more than 3 times a month. But all of his contributions are certainly deep, fascinating, and revelatory. He is also a member of Twitter and Facebook.

Paul Krugman: Krugman Blog
What You Should Know: Paul Krugman is a New York Times Op-Ed contributor in the field of economics. His mission is to help people understand the true nature of political economic rhetoric and how well it holds up to real-life economic statistics. He famously called out the ratings agencies of the financial services market for having committed "chutzpuh" by downgrading the US debt rating after turning a blind eye to the real estate market. He also regularly appears on TV shows on cable news to help sway the arguments about the national debt in an intelligent direction. His blog, as it appears in the Times, is updated almost every day. The comments he gets are mostly positive, although every now and then a blood-red Republican comes on and tries to call him a socialist (the best possible insult from the right.) He also has a VERY active Twitter feed, although his Facebook leaves something to be desired.


Doo-Doo Economics (A Tea Party Economics Blog): Doo Doo Economics
What You Should Know: I had so many sort-of liberal blogs about economics, but I decided to balance out my reading list with one from the right. More specifically, the FAR right. This blog his here to prove to you what a horrible president Mr. Obama is and how bad of a job he's doing. And also about how he's lied about every economic issue put out there. They claim that the jobs created under Obama were all the result of the house Republicans (and not just fortuitous timing) and that a second term would destroy America indefinitely. It's kind of frustrating to read such a biased opinion on economics, but still, it's a counter-balance of sorts. This guy does not have a Facebook, and I haven't found a Twitter yet either. And so far it seems I'm the only one willing to comment on his page. But it's still a different view, so I'll stick with it.


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