recession

The Sequel?

August 13, 2019

he Great Recession could have been much worse. No one involved deserves any credit for it not being much worse. Simply put, the problem with recessions and depressions is not enough money flowing through the economy. During the Great Depression they instituted Social Security, unemployment insurance and other measures that put a floor under our […]

Read the full article →

Transparency Is Dangerous

April 17, 2016

hy would Hillary refuse to provide the transcripts of her speeches to Goldman Sachs? Because she is afraid you and me and John Q. Public would not vote for her. She is afraid it would destroy her campaign. She’s correct. Though it is being seriously devalued in this election cycle, your vote is the most […]

Read the full article →

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, […]

Read the full article →

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 […]

Read the full article →

A Falling Tsar

December 2, 2014

antasies rarely come true. Putin’s is becoming a nightmare for the Russian people. Perhaps Vladimir would be well-advised to find a copy of Lewis Carroll’s Through the Looking-Glass. The pieces of Humpty Dumpty cannot be put together again. The pieces of the Russian Empire cannot be put together again. The pieces of the Soviet Union […]

Read the full article →

Enemies of the People

January 9, 2013

hen will the voters of this country wake up and commit these people to mental institutions, prisons or kindergartens? Some of our “leadership” are simply tools of their plutocratic owners. Others have not the intelligence to understand how ridiculous is the economic twattle that impresses them so much. They even gift us with a self-satisfied […]

Read the full article →

The Book Of Jobs

June 11, 2011

Maybe not you, maybe not me, but tens of millions of people need jobs. It’s not just them that suffer from the lack of a job. Most have families. It isn’t even limited to them. It affects the entire economy. That means it affects you and me. Foreclosures mean the Great Recession lasts longer. More […]

Read the full article →

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 […]

Read the full article →

The Visible Invisible

April 6, 2011

Yes. I know that his makeup is that of a mime, not a clown. Perhaps he could appropriate The Donald’s hair. Unlike a mime, Alan just can’t shut up. He has regained his belief in his role as an oracle. Whatever his self-assessment, the fact remains that Mr. Greenspan is a clown. Did he just […]

Read the full article →

Madness

October 11, 2010

Have you ever been angry? Surely you have experienced it at least once. Would you consider that time of anger the optimal time for making consequential decisions? The two definitions of mad often get so close to each other that they actually become entangled. There may be occasions when that serves a purpose but probably […]

Read the full article →