Violence flares, various parties battle for political control, and with a one-way ticket to the U.S. in hand, Al Qaeda waits patiently in the screening lines of Baghdad airport. A scary scenario? Hold on to your seat, but this isn’t what happens if the U.S. pulls out of Iraq, it’s happening right now. However, there […]
Category Archives: Economics
How U.S. Schools Sparked the Subprime Mortgage Crisis
I’m illiterate, but should an English teacher really fail me? A growing number of Americans say no… …At least when it’s the banks doing the grading. An informed public keeps the wheels of democracy and capitalism greased. However, financial illiteracy still plagues many in the “middle class.” Underlining the need for reform in schools, disgruntled […]
FTC = F#!@ The Consumer
Bye, bye Net Neutrality… From the article: FTC chief warns against ‘unnecessary’ Net rules | Tech News on ZDNet For proof, look no further than a situation in September in which hundreds of thousands of people who use the popular social-networking site Facebook rebelled against a new feature that some charged was Big Brother-esque, Majoras […]
Social (In)Security | How Do You Stack Up?
Dont’ count on government to save for your future… The U.S. government is threatening the financial future of todays youth. Like a group of dis-jointed heroin addicts, our apathetic congress has ignored record budget deficits, America’s spiraling debt and has effectively shunned an entire generation in favor of temporary, quick fixes. This article, Your free […]
A Brewing Storm | China’s Growth at Risk
The inconvenient truth of rapid economic growth: Third of China ‘hit by acid rain’ Natural law tells us that for every action we take, there is a consequence…problem is, common sense isn’t always common practice. Just last month the Chinese government and it’s citizen’s were probably most optimistic about their new agenda to offset a […]
Net Neutrality, Political Corruption & Corporate Power | Democracy Undone
Framing this issue as “more federal regulation” is a clever tactic… This week, Senator-R Jim DeMint gave his take on Network Neutrality – I was especially amused at the assertion he has made below: Perspective: Why Net neutrality means more federal regulation By Jim DeMint Published: June 27, 2006 “It would be commercial suicide for […]
Cash is King | So where does that leave the U.S.?
All signs point to rising interest rates for the foreseeable future… National Debt at all-time highs, a deep and growing current account deficit – the U.S. may find itself in an extremely sticky situation in a very short time. Just today we saw producer prices up more than expected. The Fed loathes inflation and the […]
High on Fumes | Iran Gives Perspective To The West
On The Table: Oil, Price Gouging, Hurricanes, Terrorism, War and Peace… The party is over, we drank too much and now it’s time to head home. As extremists inch closer to nuclear armament, the west will need to re-think it’s disfunctional relationship with energy. Oil prices reached an all-time high this week – over $74 […]
Real Estate Pop :: Signs Bolster Nay-Sayers Dire Predictions
Did anyone seriously think this would last forever? Many recent home buyers bet the house (literally) on expectations of continued low interest rates and dramatic appreciation gains. Many believed that a new market reality was emerging. This was due in large part to factors associated with ‘globalization.’ Here the prevailing wisdom said that greater liquidity […]
Oil Independence :: Growing Support For A New Reality…But Is ‘Sacrifice’ In Our Vocabulary?
A Timelime of Events – Post-State of the Union January 31st Heartened by some of the ideas put forth in the President’s state of the union address, I’d been eagerly awaiting some follow-up. Arab oil producers – those relying on the U.S. addiction to remain in power – provided it. Voicing their concerns to the […]