Category Archives: Economy
In this celebrity-comicon world where teleprompters send us uncomplicated pablum of feel-good lies that big government will take care of all our ills, let’s pluck some of the mainstream assessments out by the roots before the sand coagulates and our necks get permanently imbedded. There is much false nonsense to rip out of the dark morass it comes from, nevertheless observing a couple of deplorable pieces of social truth will make a good start.
Apple introduced its new products and promptly lost 38 billion dollars of stock value within one hour. There were glitches in the launch of the two new larger iPhones 6, the Apple Watch, and Apple Pay; the show was late … Continue reading
In just one more example of Obama abiding by the laws he likes and disregarding the laws he doesn’t here he is doubling down on a old UN climate treaty: The Obama administration is working to forge a sweeping international … Continue reading
‘I don’t care if it’s legal, it’s wrong’ This is a very scary statement. We’ll get to it later. In Nazi Germany, Adolf Hitler galvanized a country around economic nationalism with the hatred of Jews, blaming them for all the … Continue reading
Citigroup today announced it would pay a heavy fine for its involvement in the mortgage-backed securities financial crisis: Citigroup said it would take a $3.8bn pre-tax charge in the second quarter as it became the second big US bank to … Continue reading
288,000 jobs added in June, the media breathlessly announces: The economy added 288,000 jobs in June, a better-than-expected number that helped push the unemployment rate down to 6.1 percent. It’s the lowest the unemployment rate had been since September 2008, … Continue reading
It’s a crisis. Costs are skyrocketing for this faster than anything else. Something has to be done. Health care? No. Education. Educational costs are rising faster than a Delta weather rocket. The ballooning costs of higher education dwarfs the increased … Continue reading