Entries Tagged as ‘Economics’

November 16, 2009

A New Low For High Crimes

The current administration announced with great fanfare that it will try Shiek Mohammed and his cohorts on criminal charges in Manhattan.  This is for his part in plotting the 9/11 attacks that killed 3,000 Americans in a matter of a couple of hours.  It was a military type operation and designed to inflict the maximum civilian [...]

November 12, 2009

Supply Side Economics From Centuries Ago

With all the bailouts and Stimulus money floating around and the unimaginable amounts of money printed by the Fed being injected into our economy there is renewed debate about the best way to turn our economy around.  Many, especially those in the current administration, tout the idea that we need to keep pouring on the [...]

November 10, 2009

2 Cents Worth on Life Its Ownself

When Clinton pushed for and got Congressional approval for the repeal of Glass-Steagal it allowed the distinction between commercial banks and investment banks to disappear.  Many hailed that as a great achievement.  The White House then took the position that the distinction was old hat and a product of an earlier era that no longer applied [...]

November 5, 2009

Health Care And Too Big To Fail

Since last fall we have had a great deal of discussion and debate concerning the phrase of too big to fail (TBTF) which was a newly coined term created seemingly just for this current economic mess.  That concept led to the TARP; it also produced the TALF program, remember that?  Likewise, a substantial portion of the [...]

November 2, 2009

Climate Change, Science and Argument

Some in Congress seemed determined to pass any legislation they can to affect our economy and the use of carbon based energy sources.  Likewise they are moving hard to empower the EPA and every other agency of government with any additional powers they can conjure to enhance the same agenda.  It strikes me as more [...]

October 30, 2009

The Watch–cont’d

They announced the bearing and heading for the aircraft and he looked in that direction.  It was where the clouds were breaking up and the sun was about mid way up its morning passage toward noon.  He couldn’t find anything.  He kept scanning the skies over moving up and down from the water’s horizon up [...]

October 29, 2009

2 Cents For These?

The following are worth what you paid for them but the asking price is still 2 cents per each as they say on the loading docks.
When you have spent an hour on the tarmac with no word from the cockpit about take off or pulling up the the gate, you wonder if those pilots were [...]

October 26, 2009

Debt Debacle

Sometimes the current economic pundits talk about our current debt and indicate that it is not as severe a problem as others think.  This in spite of the fact that even those in the current administration do give lip service to the notion that the deficits and debt growth are “unsustainable”.    They just want to [...]

October 23, 2009

King Dollar and Diplomacy

This is not a polemic on politics but rather a discussion about economics, numbers and the international relations and effects of the US currency and its perceived worth around the world.    In the Wall Street Journal and other economic news outlets there has been substantial discussion of recent days about the decline of the dollar [...]

October 14, 2009

2 Cents Worth–Constitution, Dollar, Sports, Weather

It appears we will have some sort of health reform bill in the near future.  Forgetting all the political and indeological arguments I do wonder how much more it will cost each of us.  The free lunch analogy will apply here like it does to everything.  To pay for all those without coverage who say [...]