The phone call interrupted the quiet routine into which I have settled over the past 16 months of unemployment. Each evening rolls into the next with little to distinguish one from the other except for the prime-time television lineup. The lady asked if I would take part in a focus group looking at the...
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Now that the elections are over, attention is turning to the economy.  The stock market rose steadily from the end of August up to the elections. Since the stock market tends to be forward-looking, its recent strong and steady rise suggests that investors have been optimistic. In my opinion, two factors have generated...
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“The spirit of the times may alter, will alter. Our rulers will become corrupt, our people careless.”â€â€Thomas Jefferson The day after the 2010 Elections, what some have described as a “political earthquake,” will be no different from the day before. At least not when it comes to the real problems that plague average Americans...
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Prolonged uncertainty will continue to limit hiring and minimize commitment to long-term capital expenditures. Only a very few large corporations with plans already on the books to expand capacity will take advantage of this temporarily accelerated tax break. This plan enables an acceleration of depreciation allowances which businesses would deduct over time, as such...
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Gold recently hit a high of over $1,250 an ounce. Gold advertisers and gold investment newsletters continue touting their wares as though gold only goes up in value. Commercials are promising cash for gold, and people who normally don’t concern themselves with investments are asking if they should buy gold. But now may not...
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It is hard to find anything positive to say about the corporate income (i.e., profits) tax. Economists across the ideological spectrum agree that the corporate profits tax is woefully inefficient:1) It warps corporate decision making, inducing expenditures made only to reduce a company’s tax liability. 2) The compliance costs are astronomical, often exceeding 60...
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The economy in the first half of 2010 has been disappointing, especially to investors and job seekers. High unemployment, market drops and less-than-stellar hopes for the future regarding taxes and regulation have all added to the general displeasure with our market environment. Now economists are generally predicting “more of the same” for the rest...
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The vast central swath through the middle of the American political spectrum representing a majority, seeks reasonableness from government. The majority expects its business to be conducted with some integrity, without the encumbrance of concrete boots of left or right extremism demanded by party affiliation. This expectation of common sense, and forthrightness has not...
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China has created a massive middle class in a single generation, but it has yet to empower it. China will not soon be supplanting Americans, or Europeans, in the mall line-ups yearning for China-made-American-invented-branded-and-engineered products. American consumers are unconsciously pushing back the clock on that empowerment of the Chinese middle class through their dramatic...
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Demography and Economy: The Good, the Bad, and the Ugly Gordon E. Finley, Ph.D. The release on March 18, 2009, of preliminary childbirth data from the National Center for Health Statistics (NCHS) for 2007 has yielded mixed news – some good but most providing troubling insight into potentially crippling problems for American society and...
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Previous articles I have submitted observing certain “tells,†have hopefully laid useful stepping-stones in the analysis of Obama’s attitude or inclinations towards the nation he leads. The President has just delivered another significant reveal.?? During an attempt to turn positive in contrast to his consistent negative affirmations on the economy since his election, Obama...
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The centerpiece of the Administration’s rushed, colossal bailout and stimulus program is the taxpayer support of the nation’s 20 largest banks. Treasury Secretary Geithner, former Federal Reserve Bank of New York President, is Obama’s point man on the aggressive plan to bolster the financial system. As he leads the charge to inject hundreds of...
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Consumers across North America daily check the wildly fluctuating prices of gasoline at their favorite neighborhood stations. Magically, prices change at all those pumps in unison. Just as strangely, pump prices have not dropped in step with the currently defeated price of crude.

 Price of crude oil today floats around USD$35 per barrel, down...
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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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The world of internet search has become a reasonable gauge of a population’s concerns. Obama has almost disappeared from the top of the list and has been replaced by the economy. The shift suggests more than an elemental change in unfolding interests. The first has been a result of serious preoccupation with the new...
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Alliance & Leicester (A&L), a major UK bank, has agreed to a deal regarding its sale to Banco Santander, a banking company based in Spain. The deal, which is worth £1.2 billion, means that shareholders will receive one share in Santander for every three shares they hold in A&L. Santander said in a statement...
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Prohibition News Economic Collapse Blog Pacific News Feed
Right.
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