Economics

Good Taxes

March 29, 2010

Yeah, I know. There isn’t such a thing as a good tax. Well, maybe there is. Let’s think about it for a moment. As illustrated by the graphic, Wall Street got a huge tax break. Actually, they got a lot of our tax money. That in addition to several reams of tax breaks, subsidies and […]

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Numbers

March 1, 2010

It isn’t even close to Halloween but this post should spook you. Why would I try to scare you? Can’t it wait until the end of October? No. I’m funny that way. Just saying the word economics causes most people’s eyes to glaze over. Actually finding out what is going on in the economy has […]

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Which Way?

February 10, 2010

Today, speaking of the bonuses, Obama says, “I, like most of the American people, don’t begrudge people success or wealth. That is part of the free-market system.” Not that long ago he was calling those bonuses obscene and shameful. Which is it? Larry Summers was in full support of anything that the Wall Street casinos […]

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Save US

January 23, 2010

Why are we being punished for being good? Have we weathered the economic meltdown? Have we survived? How are you doing? Is it over? Unemployment continues to rise. Foreclosures continue to increase. Foreclosure rates are expected to increase. Small- and medium-size businesses still can’t borrow to expand or even purchase inventory. The Wall Street casinos […]

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Private Immorality, Corporate Virtue

January 8, 2010

Here is something I stumbled upon that deserves attention. Roger Lowenstein is the author. He states the case well and doesn’t need me to interpret for him. His advice will likely go against everything you have been told on this subject. So, what? You were told that for someone else’s benefit.

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Doing God’s Work

November 25, 2009

The CEO of Goldman Sachs, Lloyd Blankfein, claims that he is doing God’s work. Has God retired? Is God not upset with Lloyd for causing his 401K to tank? Wouldn’t you like to get a peek at God’s portfolio? Such gems of wisdom from one of the Masters of the Universe generates lots of questions. […]

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Take My Hand

November 3, 2009

Please don’t be offended by the graphic. I am just offering to lead you through a little bit of a jungle where even the self-proclaimed Tarzans are lost. There are many others out there that insist you put your trust in them. They are dangerous in their hubris. They are either economists or other putative […]

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Clean The House

September 21, 2009

President Obama is a politician. He is a Constitutional expert but, by and large, he is a generalist. Being a Constitutional scholar comes in handy in the Congress and on the Supreme Court. It’s not necessarily a bad thing in the Oval Office but being a generalist can be a positive. It can also bring […]

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It Ain’t That Complicated

September 18, 2009

Change. Change? What change? How about some meaningful change? Three issues are at the top of the agenda. They share a commonality. They are healthcare, the economic crisis and the impending decision by the Supreme Court on Citizens United v. The Federal Election Commission. The commonality they share is the usurpation of power by corporations […]

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Yes, We Have No Inflation

May 15, 2009

Okay. This hits close to home. It isn’t that hard of a hit, so far, but it is aimed at me. No. I’m not that special. It’s also aimed at you. Did you get the word? There will be no adjustment for inflation on Social Security this year. There is also the expectation that there […]

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