Part C in The Insider's Economic Dictionary Camouflage: A cloak of artificial attractiveness or even of invisibility. Financial debt-claims on the economy’s income and assets camouflage themselves as wealth, although the financial tactic is to strip it. (See Euphemism and Parasite.) Capital: From Latin caput, “head,” as the political seat of government, society’s guiding intelligence or brain. ...
B is for Bailout
Part B to the Insider's Economic Dictionary Bailout: Reimbursement to speculators and savers of losses incurred by bad loans, investments or deposits in banks that fail. The effect of this moral hazard is to preserve financial control in the hands of the economy’s wealthiest 10 percent, “making them whole” by shifting the loss onto the bottom ...



