Two earth-shattering catastrophes shaped the last ten years. The first 911, the staged terror event that provided the self-justification to wage an endless war against phantom enemies and the second a financial meltdown of the debt ridden international banking system. This has been a frightful decade for America. Instead of looking at a straight...
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George Orwell warned us about the use of “meaningless words†in politics, words that are endlessly repeated by sloganeering politicians until they have no meaning at all. Meaningless words certainly were on display during last week’s congressional debate over the latest tax bill. Over and over again we heard trite, empty phrases like “tax...
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America needs a Lincoln, not another committee of Fillmores.
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I am making a statement less on economic theory, than I am making an observation on the message our intuitive natures are very likely receiving, many of us at least - the Obama and Krugman recipe for a utopian Now is false. It is false for the Now, and it is false for the...
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Abandoning our western heritage of Judeo-Christian religious morality has pushed us toward social and economic disintegration. Guy Sorman’s City Journal essay deals primarily with the European Union. But his assessment applies equally to the United States. Our deficit spending and huge national debts, on both sides of the Atlantic, have their root cause in...
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Calling for a balanced budget amendment has been a staple campaign issue for conservative Republicans for years. Undeniably, our nation is beset by fearful fiscal woes. However, a balanced budget amendment isn’t the answer.Let me emphasize that I endorse a balanced budget in principle. Indeed, in my recent article, “Good Cop, Bad Cop,” I...
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To initiate an advance on the lengthy economic turnaround, the joy ride of debt-spending-with-wanton-abandon mindset enjoyed by Bush and continued by Obama must be brought to a close. Deficit growth cannot continue on a path exceeding the rate of economic growth. The Administration should surface out of its decision closet, and become resolutely emphatic...
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Obama, a little more than a hundred days in office, is making the object of his blame look like a miser.??
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The White House accusing the holdouts of acting against the national interest, is injecting the government directly into the management and decision making process governing the funds. This is a pretense that the activity of bankruptcy is somehow unnatural and un-American. ??
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As noted here previously, this President’s First Hundred Days should have been spent understanding the complexities permeating the economy of the great nation he was taking charge of, and most of all he should have established for himself a thorough grasp on the nature of this peculiar economic ingredient we call inflation.
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Will the best-connected voices, the CEOs cap-in-hand, be the most rewarded in the bailout line-up? The taxpayer will continue to borrow trillions of dollars to enable these bailouts of Wall Street, and it will be left to our children and grandchildren to figure out how these debts will be repaid. Can’t we...
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“Don’t get yourselves in a knot over this one-half-of-one-percent-rate thing on the sub-slime, I mean sub-prime interest rate the Fed charges its friends, and quit wondering why you can’t get in on that good stuff. It doesn’t concern you, and has nothing to do with you. Never has, never will. That rate has no...
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As follow-up to a November 21, ’08 article regarding signs that may reveal the direction that an Obama Presidency might take, the following presents another “tell.†This one is less innocuous, but may prove to be more expensive to America.

 Perceptions inside the current White House, when Bush and Cheney took office, were that...
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In the search for solutions to the global economic turmoil, there is a disconnect between the objective of bankers and financial institutions, and the objective of government (read: people). The global crisis presents an evolving pathology beyond the reach of Paulson, Bernanke or any other imposition. That is the great mystery and abstruse nature...
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