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January 14, 2009
In December alone, 640,000 jobs reportedly disappeared. This number only slightly inflated by all the elves laid off at North Pole Enterprises on the 26th. There’s a secret reason for these losses, never mentioned in the media.
When I was a kid,…
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October 19, 2011
The Gap has announced it is closing 20 percent of its stores in the U.S., and not opening any new ones. Instead, it's focusing its investing in Asia. It made this announcement before the holiday shopping season's results come in. Imagine what's…
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October 10, 2011
Saturday, October 1, Fox News and other media outlets reported that 27 states owe the federal government $40-billion they had to borrow to pay the extension after unfunded extension of unemployment benefits the federal government mandated that they…
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September 12, 2011
The pundit universe was afire this past week over Gov. Perry's characterizing Social Security as a Ponzi scheme, one of the oldest forms of financial fraud, well-defined.
The Boston Globe, in its review of a book titled 'The Looting of Social…
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September 2, 2011
Sad to say, this isn't shocking news. The pesident's first official, post-vacation act on Monday was nominating Alan Krueger, a Princeton academic, to head his council of economic advisers (a herd of other academics.)
And who wouldn't? It might…
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July 13, 2011
On the FOX financial show, "Cashin' In," on July 11, a discussion broke out over a new scheme to subsidize employers' hiring of ex-convicts. The plan would give employers $2,400 in tax credits and some new, free, government insurance against theft…
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December 1, 2010
You'd think it impossible, but many members of the media appear as stubbornly clueless as is the president about the message of the mid-terms.
On Sunday's 'Meet the Press,' David Gregory stated that Obama has the left disappointed, the independents…
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November 24, 2010
Dear Mr. Buffett. Thank you for your suggestion that everyone who earns over
$1 million a year patriotically pony up and get taxed a lot more than we already are. Your free advice so generously given should not pass without grateful acknowledgement…
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November 4, 2010
By my schedule necessities, I’m writing this on Sunday, right before election night knowing you’ll see it afterwards. And if I’m going to give you old news, I might as well make it really old:
“Designed especially for city and suburban motoring,…
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October 27, 2010
I have just returned from a week in London. The food was gray, weather grayer, and their economy bleak, dark and foreboding.
Their coalition government’s hastily cobbled together “austerity program” became a big U.S. news item while I was there,…
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