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economy

The No Self Awareness Debate

November 10, 2011

There they were again. The 8 irrelevant GOP presidential candidates. There they were being asked questions last night by the pimps for Wall Street from CNBC. Quite remarkable, really. Jim Cramer, a man who worked for Goldman before he became a screeching nut for CNBC, was there asking questions of presidential candidates. Cramer is the [...]

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Ohioans Punch Back

November 9, 2011

Ohio Governor John Kasich's union-busting Issue 2 has gone down in flames. By a 61%-39% margin, voters rejected Ohio Republicans attempt to pin state revenue shortfalls during a deep recession on unionized teachers, police, firefighters and other state public employees. The question now remains: Will this humiliating defeat for John Kasich lead to a change [...]

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Cutting Spending Makes Matters Worse

November 1, 2011

Should the Super-Cartoon-Characters on the Super Committee fail to come to a consensus by Thanksgiving, automatic cuts to discretionary government spending will go into effect. While entitlements are excluded from the automatic cuts, defense spending is not. That reality is now being taken seriously by Republicans. Up until now, Republicans have encouraged cutting government spending [...]

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Vegas Debate: Same Old Tired, Failed Nonsense

October 19, 2011

Last night's GOP-CNN primary debate in Vegas was a tad more exciting than the previous debates I've watched. Debate transcript here. Texas Governor Rick Perry, in my opinion, ended his chances last night with his petulant behavior towards Mitt Romney. If looks could do damage, Perry's looks in Romney's direction after several Romney backhands, would [...]

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When Boot Strappers Mock

October 17, 2011

One of the mild surprises during the Occupy Wall Street month-long protest has been the tone deafness exhibited by…well…rich guys from Wall Street. If you haven't seen the video of the champagne drinking money shufflers looking down upon the scruffy protesters…..now's the time… Then there were the signs in the windows of Wall Street buildings. [...]

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Economic Troubleshooters….Are The Trouble

September 30, 2011

Troubleshooting is an art form. Trying to find out why a system, mechanical, electrical, structural or otherwise, isn't working properly and what, specifically, is causing the problem is a skill. Last winter I called my HVAC guy to troubleshoot my smart-controller driven, high efficiency gas furnace. The guy was truly amazing in his troubleshooting skills. [...]

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Class Warfare?

September 19, 2011

Chart data information from the Congressional Budget Office…. I want everyone to take a slow hard look at those two charts. The richest 1% of Americans have done outrageously well over the last 30 years, and especially so over the last 20 years. The rest of Americans, however, have either seen their incomes flatline, or [...]

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CNN Takes The Tea Party Express

September 13, 2011

I remember listening last week to Fox radio while driving in my car. The topic at the time was how weak President Obama was for changing the date of his speech to a Joint Session from Wednesday evening, where it conflicted with NBC's GOP candidates debate, to Thursday evening where Obama's speech would be just [...]

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GOP Searchs For New Hostage

September 9, 2011

Nothing surprising in President Obama's speech to a joint session of Congress last evening. It was a good speech, presenting a sensible and balanced medium range economic stimulus program for the nation. More importantly, Obama's speech was delivered with spirit and intensity. Obama's "America Jobs Act" would cost approximately $450 billion and would include an [...]

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Jobs Talk

September 2, 2011

It's been obvious for a long time that our national economic problem is being exacerbated by lack of demand for goods and services. This lack of demand is not because of lack of confidence. It is because of lack of jobs. Obviously, when working Americans lose their jobs, they lose a good deal of their [...]

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