Relevant and even prescient commentary on news, politics and the economy.

Ten Years Have Got Behind You

It has been almost ten years since: Bear Stearns folded Lehmann collapsed of its own free will I posted on this blog All of the above Those who guessed “c” or “d” are optimists. Those who are expecting a long series of posts dwelling on the correct answer of “b” (with some references to “a” […]

Health news

I’m not sure if there are studies looking at the long term effects of such advice on one’s health especially in this economy, but I can see where in the words of Arlo Guthrie, it could create a movement.   Health Experts Recommend Standing up at Desk, Leaving Office and Never Coming Back ROCHESTER, MN—In […]

Seattle University Symposium on Inequality, Nick Hanauer

The following video was posted in Ed’s Post by Marko.  I thought it deserved a wider audience. The symposium included a discussion regarding raising the minimum wage to $15.  Mr. Hanauer, being an honest to goodness real billionaire talked about what that would mean for his situation.  I like the way he put it.  He […]

The Lone Star Strategy or The House that Conservatives built

Having heard Senator Sander’s discussion on the floor, I thought the outing of the republican vision for this nation in total should be preserved on the net in writing.  People hear bits and piece but never put the entire picture together.   Maybe reading the list will help people picture the finished house the conservative mind […]

Oh hail the Great Cactus

Looking for some back articles and wanting to try out posting with our new setup I found this one by Mike Kimel (formally known as Cactus) from July, 2010.   It is always fun to look back.* He presents his data and argument regarding where we’re going and concludes: This time, I’m not as comfortable; given where and how […]

More Right Wing Lies – Now As In The Roaring 20’s

Amity Shlaes, the disinformation bunny, is still going.  In the latest issue of Imprimus, a publication of Hillsdale College, is a transcript adapted from a recent talk she gave there during a conference on the Income Tax, sponsored by Hillsdale’s own Center for Constructive Alternatives and the Ludwig von Mises Lecture Series.  Right away, you […]

Welfare, I’m not hurting from it and neither are you.

A good friend and I got into an email debate. He sent me the latest message regarding how wonderful it is that Florida is going to be drug testing welfare recipients. I responded that I’ll consider the policy when we start testing all the CEO’s who get welfare for their sector of the economy, the […]

Interview of Mr. John Reed regarding banking fixing the game

In case you are not aware, Bill Moyers is back and he doing his best work to date concentrating on our the changing of the rules regarding the economy. This episode where he interviews John Reed, former Citi Bank CEO and current MIT chair is most telling as it relates to the issue of why […]

Define Rich V: Looking at the historical labor economy

We are taking a little side trip inthis series of defining rich based on the prior tax rate schedulesbut, this post is keeping with the process of looking at history formarkers as to the definition of rich. For any new readers, I believeas a society we knew and had definite boundaries as to what definedrich. […]

Lost Decade, Redux

By general consensus, Japan’s “Lost Decade” (now in its Third Decade) begins in 1989. The biggest growth difference appears to come from the U.S. period from the Second (1996) Clinton Tax Reform to the 2001 recession—a big if, I grant you, but one that the Gingrich/DeLay-led Republican Party predicted would produce mayhem, and the alternative-history […]