I’m posting this here as a topical subject. It may not seem economics related, but to me it is as it speaks to trust. There is no way a nation can continue to produce $16 trillion dollars a year and not have trust as a basic position to starting all conversations. No nation built on […]
This was an answer in the local Weekly Reader to a couple of others who insisted VA healthcare should be disassembled and handed over to the private sector. I guess I could have said “nuts; I did say “nonsense.” “All right, they’re on our left, they’re on our right, they’re in front of us, they’re […]
I chased prisoners in 71 at Camp Lejeune as a sergeant and stood duty NCO at the Barrel Club Leeward side Gtmo, Cuba 1970 as a Corporal. It was not much fun dealing with those being discharged or drunk. I think some have the right idea on how to handle hostile drunks. Enjoy. Hat Tip: […]
June’s issue of Atlantic Monthly brings to the reader a series of graphs as presented by Derek Thompson’s “How the Rich Shall Inherit the Earth”. The article gives a pictorial representation of what has taken place since the eighties in skewing income to a small, very small group of individuals numbering < than a hundred […]
Via Azimuth comes a very detailed and sourced post on basic physics of climate change. Well worth the time to view or review, especially before commenting. by Jan Galkowski 1. How Heat Flows and Why It Matters Is there something missing in the recent climate temperature record? Heat is most often experienced as energy density, […]
(Update: the numbers in the above Table represent the present payroll gap. That is an immediate increase in FICA equalling any negative number would fund its respective program over that given period under that set of assumptions). (Update 2…a quirk in the comment section preventing viewing the chart on landing page is fixed…Dan) The standard […]
Predictably some elements of the Obama Opposition (because that is really the best description of them at this point) are up in arms at the exchange of Sgt. Bergdahl for Gitmo Detainees on the grounds that “We don’t negotiate with terrorists”. Well you know who DOES negotiate DIRECTLY with groups that actively commit periodic violent […]
[Michigan Republican Senate candidate Terri Lynn] Land, a Byron Center Republican, had defended presidential candidate Mitt Romney’s anti-bailout position two years ago and noted that GM had become known as “Government Motors.” She declined to revisit the topic Wednesday during a brief exchange with reporters, which she cut short following the forum. “I’ve always supported […]
AMERICAN INEQUALITY WITH SENATOR ELIZABETH WARREN and ECONOMIST THOMAS PIKETTY Boston, MA: This Saturday, The Patriotic Millionaires for Fiscal Strength will sponsor a landmark dialogue between Sen. Elizabeth Warren (D-MA) and economist Thomas Piketty. Senator Warren is one of progressivism’s most admired and powerful leaders and–despite her “I’m not running” assertions–a top presidential pick for many […]
It has been the political right’s mantra of welfare and charity being best done by private organizations rather than be government sponsored. 50 years have passed since President Johnson declared war on poverty. It was declared an abject failure by the right as it did not make people independent nor did it make people want […]