Numbers have always played a significant role in the news of the day. If there is a natural disaster we want to know how many people were injured or killed, how many homes were destroyed, etc. If there is a war going on we like to have the casualty reports of dead and wounded. The [...]
Posts Tagged as ‘economy’
December 29, 2008
Annual predictions
It is that time of year again when the media will be filled with a host of predictions for all sorts of things from the ridiculous to the sublime and a little bit of everything in between. It is the season that brings it out since we have this artificial timing event called a New [...]
August 8, 2008
Give me a dollar’s worth
The US dollar is not backed by gold any longer since FDR outlawed that in the early ’30’s. All those old gold backed notes had to be turned in for the new ones. William Jennings Bryan would have finally been so pleased. You recall his famous speech about not punishing the American public on this [...]
July 28, 2008
Bailouts–what’s the dog and what’s the tail?
Well, dear friend, Mother Government has come to the rescue again with the recent legislation for just about everyone to “save” the mortgage business and home ownership. At least so they assure us. No one loses we are told by the Kings of Capitol Hill. I submit to you that there are millions of losers [...]