Category Archives: ECONOMICS

The Daily Caller reports Florida’s Governor Rick Scott is eyeing education reforms and tuition incentives. The tuition incentives would be a good idea. Make tuition inversely proportional to the societal value of the education. That is, medical school, the hard … Continue reading →

GM, now run by the United Auto Workers, counts a car as sold when it is loaded on a truck to take to a dealer. Once at the dealers it will sit on the lot on “floor plan,” with the … Continue reading →

Several economy watchers have pegged the fourth quarter of 2011 as “just short of a full blown depression,” while other indicators such as the Baltic Dry Index, a measure of shipping tonnage, are at near historic lows. What current economic … Continue reading →

Here is Debbie Wasserman Schultz, the Democratic National Committee chair, boasting about Obama’s handling of the economy: Well, lets see. New unemployment applications have been over 400,000 a week for 17 weeks. More than seven million Americans have been pink … Continue reading →

Politico reports House Majority Leader Eric Cantor says Obama is “in over his head when it comes to tackling the economy.” True. And the really sad part is that the water is in a wading pool for ducklings. Stranger

I see Obama says the Bernanke/Geithner “Quantitative Easing II” is not intended to weaken the dollar. Briefly quoting the Money News item linked above: “Obama said the decision by the Federal Reserve to pump $600 billion into the U.S. economy … Continue reading →

OH,MAN! Obama has announced that he will lift longstanding restrictions on the export of American technology. Those with long memories will recall that was a part of Willie Clinton’s China strategy. Along with exporting millions of American manufacturing jobs in … Continue reading →

Some Mungstream Media outlets have noted that the Federal Reserve is going to “buy” $600 billion dollars in Treasury bonds. Since both the Treasury and the Fed are government agencies, this amounts to shifting money the Fed does not have … Continue reading →

The Federal Reserve has announced it is going to pump $600 billion dollars into the economy. Now, where is that 600Bn going? To those drawing their Social Security pittance? Medicare? Infrastructure? Military? Debt reduction? Nope. A few dimes may make … Continue reading →

While I seldom agree with any of the Washington Post’s writers, here is one column I do agree with. There is an old business saying; “Don’t leave money lying on the table.” In other words, get a fair price for … Continue reading →