For what its worth… ========== “After putting $803,436 in Obama’s re-election campaign, a media giant attempted to keep Americans from seeing the video by banning it from their sites,” stated Aaron DeHoog, the financial publisher who is unapologetic for the release of controversial footage that has gained international attention. The video DeHoog is referring to is a stunning interview with famed economist Robert... Read more
Archive for the ‘Economics’ Category
Econ 201: Trust and the “experts”
March 18 | Posted by mrossol | Debt, EconomicsA very good basic Econ 210 course – in 15 minutes.. =============== Would the Real Peter and Paul Please Stand Up? By Dylan Grice In a previous life as a London-based ‘global strategist’ (I was never sure what that was) I was known as someone who was worried by QE and more generally, about the willingness of our central bankers to play games with... Read more
Obama’s ‘Denial’ Problem
January 14 | Posted by mrossol | Economics, ObamaCareAmazing. ====== President Obama said a fair bit during the fiscal-cliff negotiations—speaking for 45 minutes in one 50-minute meeting, for example—but today let’s zero in on the claim he kept repeating: “We don’t have a spending problem. We have a health-care problem.” For our money—and yours—those are two of the most remarkable sentences our Orator in Chief has ever strung together. Not so... Read more
Soak the Rich! (What rich?)
December 3 | Posted by mrossol | Debt, EconomicsThe Gov obviously miscounted something… ======== A funny thing often happens on the way to soaking the rich: They don’t stick around for the bath. Take Britain, where Her Majesty’s Revenue and Customs service reports that the number of taxpayers declaring £1 million a year in income fell by more than 60% in fiscal 2010-2011 from the year before. That was the year that... Read more
Debt is Even Deeper Than Most Think
December 3 | Posted by mrossol | Debt, EconomicsLetters to the Nov. 27th story “Why $16 Trillion Only Hints at the True U.S. Debt” by Chris Cox and Bill Archer. ==== While “Why $16 Trillion Only Hints at the True U.S. Debt” by Chris Cox and Bill Archer (op-ed, Nov. 27)is on the mark, it doesn’t tell the complete story. Although it is true these amounts aren’t included in the... Read more
Learning to Love Volatility
November 19 | Posted by mrossol | American Thought, EconomicsThis is a ‘must read’. Some very good concepts about Govt/Capitalism. Please take the time.. ======== Several years before the financial crisis descended on us, I put forward the concept of “black swans”: large events that are both unexpected and highly consequential. We never see black swans coming, but when they do arrive, they profoundly shape our world: Think of World War... Read more
