Economics

What Are Debt And Entitlements?

October 18, 2016

onservatives distort the English language. One of the more prominent examples is the word entitlement. According to the dictionary, an entitlement is something due to one by law or contract. In the case of Social Security and Medicare, they are benefits that are paid for by the FICA tax of 15.2%. Conservatives confuse the word […]

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Trump Is Unfathomably Ignorant

May 7, 2016

rump, despite his braggadocio, is not a successful businessman. He has mastered the media. That is not the same. He is simply a showman whose taste runs to the gaudy and whose social skills are more appropriate to the sandbox. Denizens of Wall Street estimate that his personal wealth would have been just as high […]

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Ask Me No Questions

March 21, 2016

rom my younger days I recall a quotation by Oliver Goldsmith (1730 – 1774), an Irish novelist, playwright, poet and physician: “Ask me no questions, and I’ll tell you no lies.” Of course, he was unfamiliar with the Republican party and present-day American ‘journalism.’ Perhaps the world was simpler in the 18th Century. Now it isn’t […]

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Says Who?

September 1, 2015

f you have a large amount of debt, cut expenses; tighten your belt. Who says? Says the people who want to screw you again – and make you pay for it again. True, there are others saying the same thing but they are either the toadies of the above parasites or the gullible, touting the […]

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It’s Not A Greek Crisis

July 10, 2015

reece cannot fall all by itself. It likely will bring the end of the Eurozone and create significant problems for the US. The Eurozone is a noble experiment but it is run by an international cartel of incompetents.

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Greek Debt < German Debt

July 7, 2015

emper, temper, Angela. Ms. Merkel  certainly should be aware of 20th Century German history. It is ironic that Germany, of all governments, would be demanding debt repayment. Greek debt is a pittance compared to Germany’s forgiven debt following The Great War and WWII. Even Great Britain and France have not always honored their debts. But, […]

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The Reagan Voodoo Legacy

March 21, 2015

irst, a few warnings. This article is on economics, the justly termed ‘dismal science.’ True, it’s not all that entertaining but it is worthwhile. It is my longest post ever, 4 to 5 times as long as usual. Still, it merits everyone’s attention. Lastly, I didn’t write it. Aaah. My apologies. It is a cut-and-paste […]

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Neutering The Net

July 31, 2014

ecently, I was contacted by an engineer for a technology company, soliciting my thoughts on the subject of Net neutrality. Back in early June I had posted an article on the subject: You Don’t Matter (I hope you will benefit from spending a few minutes reading it). I made no commitment to another post due to […]

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Not The Only One

June 4, 2014

f London Bridge falls, it likely will have lots of company. Much of our infrastructure is approaching the ripe old age of eighty. How bad is it? They tell us that 63,000 bridges are structurally unsound. How are we supposed to get from here to there? At least we have a number . . . […]

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How To Kill For Money

June 3, 2014

es. You too can become a mass murderer. Some self-chosen few are even making obscene amounts of money doing it. How many people is it possible to kill? Why stop at people? Yes. You can help exterminate the entire human race. We can even throw in several thousands of species of fauna. How about even […]

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