Computer Science Seminar Series
Plundering the USA Taxpayer
3:00 p.m. Wednesday, April 1, 2009
Weir Hall, Room 235
Tobin Maginnis
Associate Professor of Computer Science
University of Mississippi
Abstract:
This is a follow-up to the macroeconomic presentation "The Coming
Hyper-Inflation Great Depression" presented last year. We will review
what was right-on and what was missed. The most unexpected event is how
government intervention has slowed the collapse of the financial sector.
We will examine the details of CDSs to see how they have and continue to
hold the world's financial system hostage.
We will then see how "what's old is new again" by reviewing how
presidents Hoover, Roosevelt, and Nixon dealt with their respective
credit bubbles and how these tactics foreshadow our future.
Next, a "hands on" demonstration will be provided to ensure that even
the most drowsy member of audience understands the insidious nature of
inflation, what this means for your future, and how you can address
these new economic challenges.
Finally, as time permits, we will review recent events in the
light of
the discussed concepts.