By: Daniel Becker In answer to the generic question regarding President Obama’s actions regarding the debt ceiling, I am re-posting this from 2/25/09. In comments of the original I stated that cutting the deficit by 1/2 seemed to “optimistic” for me. *************************** Ok, here are my basic issues with the substance of President Obama’s speech. […]
by Daniel Becker Being that we’re about to experience austerity because we are convinced we can’t spend money properly such that we actually end up with more after rather than less … which is very depressing to me and defeatist in presentation, I present my new theme song: That’s how it goes. I just find […]
by: Daniel Becker Ok some more information to bolster my position that my flower shop being down this year another 4.5% compared to last year (at least the decline is leveling off) is not the results of government debt or too much taxation or banks not lending or unions… nope, my shop is off because […]
By: Daniel Becker There is some new information from Adam Hersh of Center for American Progress showing what has happened in the states that have followed the conservative economic approach (yes, talking to you Obama, DLC, Clintonites). Keep cutting at your own risk. Here’s the thing. Like the Wile E Coyote, we seem to have […]
by Daniel Becker Continuing my prior post suggesting that what ever monetary policy has done, it has not reached that vast majority nor has it addressed what is the main issue, I viewed this chart by Mike Kimel and thought: Perfect!Then comes Ken Houghton linking to this article with it’s chart. What do they have […]
By Daniel Becker Stock market is up, Profits are up and banks are safe. So what? Unemployment is somewhere between going down and I can’t get no satisfaction. Housing values are still falling. A new nationwide survey from real estate Web site Zillow.com says the value of U.S. homes fell 3% from January 1 to […]
by Daniel Becker This is an interview of Joseph Stiglitz on Democracy Now regarding his article in the current Vanity Fair. He discuss the issue of income inequality, taxes, etc and how it has set us up to be less of a land of oportunity than what old Europe was. A few quotes: The question […]
by: Daniel Beckerupdate: corrected some formating and duplication. What is this the definition of: The global economy, and capitalism, will be “reset” in several important ways. The interaction between government and business will change forever. In a reset economy, the government will be a regulator; and also an industry policy champion, a financier, and a […]
by: Daniel BeckerThis is very important. It is a list of all we have done in the world. Go take a look. It won’t take long. I’ll wait for you to return. That we do not teach about this in our schools is why we are who we are. This list should be a banner which is […]
By: Daniel Becker Just a little something that came across my desk. As you read it, think about the concept: War on Drugs. “In the United States, the therapeutic use of opioids has exploded as witnessed by the increased sales of hydrocodone by 280% from 1997 to 2007, while at the same time methadone usage […]