[lbo-talk] FW: [URPE] Come off the cross,

nathan tankus somekindofheterodox at gmail.com
Wed Feb 8 23:14:09 PST 2012


Now wait a minute, This is hardly a fair characterization of alt banking ( i am a participant and am currently fielding "social networking" activities for the group). First there are finance people but the way this email makes it sound, these people are somehow "untrustworthy". as someone who knows these people who they reference personally they participate because of how fed up they are with the system and they want to use their expertise to help ows. They are hardly banking covers stooges.

Second, there are american monetary institute style thinkers who are less informed about economics but are interested. They are hardly completely glued to their preconceived notions. I've watched as we've discussed issues out how people have learned an incredible amount in a short amount of time. Part of alternative banking is learning. Third this email completely ignores the third group of academics and bloggers. Yves Smith is a consistent participant as is that "liberal geek" (allegedly) Matt Stoller. Then Michael Hudson and a couple of his friends come around to. There are other people who participate also that are hard to peg. but it's far too simplistic to declare it a meeting of a bunch of ignoramuses and bank lovers as i perceive this email to imply. By all means, i encourage anyone to come out and participate but I think this email is very misleading about this working group.

-- -Nathan Tankus ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



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