The annual federal deficit is lingering at about a trillion dollars. Yes that is Trillion with a “T”. I have a way to solve a big part of this problem. Cut the pay and benefits of all fe...Read More
In The Rational Optimist Matt Ridley make a terrific case that what make human’s special is our propensity to share, specialize and trade. As a result of this propensity we have created a virt...Read More
Want to know the average daily wage in the USA? This chart has it and hundred of other interesting and addictive facts: Money Chart http://xkcd.com/980/huge/#x=-4832&y=-2560&z=2 Be careful...Read More
There is talk about taxing financial transactions as a way to punish those in the finance business and to raise revenue. Without taking sides I discovered today that this idea has been tried before ...Read More
Postal rates go up January 22 and the post office is being pretty quiet about it. Perhaps so that you don’t go out and stock up on forever stamps. Perhaps because nobody mails anything anymo...Read More
In the same way that tax breaks are: “Corporate Welfare.” Federal aid to The Corporation for Public Broadcasting and NPR is: “Liberal Welfare.” It can be argued that the corpor...Read More
The Consumer Price Index (CPI) is wrong. Among other things it doesn’t measure product improvement or life style improvement. Paul Krugman the Princeton professor turned New York Times columnist...Read More
What possible reason could a publisher have for charging more for an electronic book (Kindle) than for a hardcover book? I assume that they are mortally afraid of what happened in the music business...Read More
Peggy Noonan wrote a great article in the Saturday WSJ about the Tea Party movement and the unease many American feel about the “ruling elite.” Revolt of the Accountants It made me think...Read More
On this date in 1869, thousands of businessmen were ruined in a Wall Street panic known as “Black Friday” after financiers Jay Gould and James Fisk attempted to corner the gold market. And...Read More