Category Archives: Economy

Economy, Wall Street, and Banking

On Human Bondage …

It must have been the innocence and misplaced ideals of my youth slipping through into my 2007 stream of consciousness that have made me make my anti-war Iraqi pronouncements. I forgot to face reality. This world is, and will continue … Continue reading

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Thoughts on Nuclear Power Tunnel Vision

Conspicuously absent from many of the discussions and symposiums on nuclear power is the other side of the pancake; earth resources demand. For the sake of argument let us assume we have the methods (although pie in the sky) at … Continue reading

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Thoughts on American wealth and the definition thereof

Many say we might want to visit the definition of wealth. The US has, and will always have unlimited wealth and natural resources. These treasures have not vanished in the ether. The land, cities, and the blood, sweat and tears of generations … Continue reading

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Aboard the Starship Enterprise

The USS Starship Enterprise is in orbit over a small and insignificant planet, referred to as earth, a small type “M” planet inhabited by a primitive humanoid species.  The story unfolds: On the bridge of the USS Enterprise  Captain Kirk: … Continue reading

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Thoughts on The Trillion Dollar Coin

This platinum coin idea just might work if all the people we owe money to had IQ’s of room temperature. But I ask; what happens when all our debtor nations mint magic coins too? Are they to be deposited in The Bank … Continue reading

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Thoughts on American Exceptionalism

Almost all of the Northern European nations, and including New Zealand and Australia have highly successful economies and fully embrace social progressiveness. Not the USA. Many of my conservative acquaintances hector me on exclusive attributes of the US way of … Continue reading

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FDR

It was Roosevelt’s lasting accomplishment that he found a middle ground between the unbridled laissez-faire of the ’20s and the brutal dictatorships of the ’30s. His conviction that a democratic government had a responsibility to help Americans in distress — not … Continue reading

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Transfer of Wealth in Plain Sight

Many say we might want to visit the definition of wealth. The US has, and will always have unlimited wealth and natural resources. These treasures have not vanished in the ether. The land, cities, and the blood, sweat and tears of … Continue reading

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Trickle Down Economic Bull

The United States is not a nation of capitalists. It is a nation of wage earners with a tiny minority of capitalists. The only genuine capitalists — individuals who can live entirely from their investments — are a minuscule minority … Continue reading

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California Dreaming

California is neither broke nor bankrupt, as some would have us believe. California’s GDP eclipses all of the other 49 states and ranks 6th to 8th on the world economic stage, were it a separate nation. What the naysayers forget … Continue reading

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