Posts Tagged as ‘economy’

June 17, 2009

Numbers

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 [...]

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 26, 2008

Soviets compared to Nazis–part II

I must add a footnote to yesterday’s comments about the Commies.  It was everyone’s paradise because you didn’t have to pay taxes.  There was no income tax, property tax, sales tax or estate tax under their system.  The Governmnet paid you what it thought you deserved.  It already had all the money, the property, the goods [...]

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 [...]