dow

Class Warfare

October 15, 2010

Yes, class warfare has been waged against those of the middle class and the poor for decades. No, the middle class and poor have not been fighting back, at least not yet. I am suggesting a new and different strategy for at least the first significant counterattack. The plutocrats have handed us the weapon we [...]

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Danger, Will Robinson

May 10, 2010

Did you know that Dr. Zachary Smith was actually a Wall Street banker? If not, he certainly shared the same mores. Recently, an email was published that showed just want these “Masters of the Universe” think of those putting their financial futures in the hands of these touts. I find it hard to believe anyone [...]

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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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Don’t Get Your Hopes Up

March 16, 2009

Actually, hope is a good thing. It’s good psychologically. It’s even good for the economy. It’s just that a systemic, global meltdown isn’t ready to disappear quite so quickly. It has been said that expectations are the largest factor in determining the ups and downs of the economy. A little hope is giving us the [...]

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Odds And Ends

March 11, 2009

There are so many issues on which to comment that I can’t keep up. Each one deserves at least a book, as an antidote to all of the nonsense clogging up the airwaves, cable, the Internet and the dead tree media. Note: I have a special video treat for everyone staying to the end of [...]

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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. Bookmark It [...]

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