Tag Archives: money
Old Bad Remedies Are Still Bad Ones
We are faced with difficulty at the moment in our economic and financial affairs. Many refer to it as a crisis. I suppose that is in the eyes of the beholder. But a faltering economy is a fact whatever its … Continue reading
Filed under Economics, Foreign Affairs, government, history
Gold or Money Which to Trust
From the most ancient of times governments have dealt with the issue of having a medium of exchange–money. From earliest Babylonian times to the long ago Chinese empires to the Romans and the Hanseatic League, kings, emperors and rulers of … Continue reading
Filed under Economics, government, history, Politics
Cheapseat opinions on economic proposals
One great thing about the ole US of A is that we all get to have opinions and so far we are able to express them. Sure hope that proposal by the Dems to regulate the internet for “hateful language” doesn’t … Continue reading
Expressions to Heed
Burning the candle at both ends means one is overextending one’s self or being overwhelmed from two directions at once. We seem to have that problem now with our economy. On the one end we are facing the problem of … Continue reading
AIG–Regulate what?
The events of the last 24 hours regarding AIG remind me of an old saying from Churchill. I am paraphrasing but it is something like this–there is nothing like the sound of an angry bullet whizzing by your head to … Continue reading
Filed under Economics, government, history, Politics
Money, Markets and Politics
With all the ado the last couple of days about Lehaman, Merril Lynch and reports on AIG it would do us all well to review a few of the basics of our economic system and the real world implications of any bankruptcy … Continue reading
Filed under Economics, government, history, Politics
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 … Continue reading
Value and Meaning of the Dollar
If you believe this nation does not have its roots in religious beliefs then you should think again. Our modern mania with “diversity” and political correctness has turned into revisionist history; that mania would have you believe that there is … Continue reading