Finally, Someone To Blame For This Website

Do you want to blame someone for this website? (God knows I do.) If so, you should direct your completely justified anger toward Doug Henwood, editor of the newsletter Left Business Observer.

Here's why:

1. Six years ago I bought Henwood's book Wall Street: How it Works and for Whom.
2. Because I liked the book, I signed up for Henwood's email listserv lbo-talk.
3. Via Henwood's listserv I learned about Max Sawicky and his website Maxspeak!.
4. Due to the inspiration of Maxspeak! (plus a few other factors) this site was born.

Henwood has just made Wall Street available for free as a pdf file. If you're interested in the financial world, I recommend that you check it out and then send Henwood some money.

Wall Street is dense but entertaining. Henwood mixes cogent explanations of abstruse economic concepts and sharp journalism with informed speculation about the sexual tendencies of Wall Street traders. (For instance, see footnote 19 on page 115. You pervert.)

What makes it so valuable is that the financial world has a huge impact on politics and just general life—but essentially no one except Doug Henwood writes about it both skeptically and knowledgeably. As Henwood says, "It's rare that someone should develop an obsession with Wall Street without sharing its driving passion, the accumulation of money."

So, America is lucky to have him. Go appreciate his work and shower him with cash.