The Worden Report
Thursday, February 21, 2019

Bankers or the Bank: Which Is Responsible?

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Along with paying $2.6 billion to settle criminal and civil charges for having “failed, and failed miserably” to notify the SEC of warning ...
Wednesday, February 20, 2019

Corporate Political-Campaign Contributions as Decisive in Anti-Trust Enforcement

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On August 31, 2011, “ the [U.S.] Justice Department sued to block AT&T’s $39 billion takeover of T-Mobile USA, a merger that would crea...

U.S. President Trump’s Spending on a Border Wall: Federalism at Risk?

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U.S. President Trump announced in February of 2019 that he would fully fund a wall on the U.S.’s southern border. He would first use the $1...
Monday, February 18, 2019

Anne Frank Remembered

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While studying at Yale, I took a seminar on documentaries following two other, more pertinent film courses on narrative itself. I even to...

Jesus' Teaching on Love beyond Morality in Human Relations: The film "Forsaken" Falls Short

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In an interview on the film, Forsaken (2015), Kiefer Sutherland remarks that the film is black and white in terms of the bad and the good ...
Saturday, February 16, 2019

On the Various Causes of the Financial Crisis of 2008: Have We Learned Anything?

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In January, 2011, the Financial Crisis Commission announced its findings. The usual suspects were not much of a surprise; what is particula...

Ivy-League Exclusivity: Political Ethics in The Yale Political Union

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When I was a student at Yale, I was a member of the Party of the Right (POR) in the Yale Political Union (YPU). I was pretty much a liberta...
Friday, February 15, 2019

Western Banks Lending to Asia's Expanding Middle Class: Profit vs. Planet

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In April 2013, debt levels in Asia were reaching record levels as international lenders were extending short-term loans to a growing midd...
Wednesday, February 13, 2019

Decreasing Bank Size by Increasing Capital-Reserve Requirements: Plutocracy in Action?

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Although the Dodd-Frank Financial Reform Act was passed in 2010 with some reforms, such as liquidity standards, stress tests, a consumer-...

Johnson’s “Reinvention” of JC Penney: Too Much and Too Little

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In April 2013, JC Penney’s board wished the CEO, Ron Johnson, “the best in his future endeavors.” His effort to “reinvent” the company ha...
Monday, February 11, 2019

Is Modest Growth vs. Full Employment a False Dichotomy?

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As Summer slid into Autumn in 2012, the Chinese government was giving no hint of any ensuing economic stimulus program. This was more than ...

Greek Austerity: Pressure on the Environment

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“While patrolling on a recent cold night, environmentalist Grigoris Gourdomichalis caught a young man illegally chopping down a tree on p...
Saturday, February 9, 2019

Behind Cameron's Referendum on Britain's Secession from the E.U.

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Governors of other E.U. states reacted quickly to David Cameron’s announcement that if his party would be re-elected to lead the House of...
Friday, February 8, 2019

Second-Term Inaugural Addresses of American Presidents: Of Transformational or Static Leadership?

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According to a piece in the National Review, “George Washington might have had the right idea. Second inaugural addresses should be short a...

Increasing Income Inequality in the U.S.: Deregulation to Blame?

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Most Americans have no idea how unequal wealth as well as income is in the United States. This is the thesis of Les Leopold, who wrote Ho...
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