bubble

Looking In the Wrong Direction

May 8, 2016

oving, a few necessary trips and scheduling a few more joint replacements, added to trying to do sufficient research for the books I’m working on, don’t leave much time for this blog. You likely aren’t too disappointed on the occasions I find a substitute to expound on an important issue. Here’s another such time. This […]

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Are They Really Special?

April 29, 2011

We need not use the word megalomania when speaking of The Rump. It’s a given. Little Donald defines the word. He is far from being the only one suffering from that malady. Some actually believe they are special. However, most are desperate souls that, deep down, know it isn’t true but have to keep saying […]

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Better Late Than Never

August 1, 2010

Is it a miracle or just a coincidence? In my last article I made mention of David Stockman. The very next day he shows up with an Op-Ed piece in the New York Times. For any of you who either were not old enough or not interested enough to pay attention at the time, David […]

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The Dow-Jones Illusion

March 3, 2009

All bubbles will burst but debt will remain. People are prone to believing the illusion that the Dow-Jones numbers are a measure of wealth. Were you wealthy when the Dow was over 14,000? Has your wealth vanished? No and no. Your wealth hasn’t changed. Only the illusion that you were wealthy has disappeared.

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