Archive for the ‘Economics’ Category

Investors Hide From the U.S. Dollar

April 3 | Posted by mrossol | American Thought, Economics, Socialism

Investors Hide From the U.S. Dollar – WSJ.com. … Gary Goldberg Financial Services started buying international bonds with intermediate maturities about six to eight months ago and continues to slowly increase its exposure, Mr. Pursche said. He expects that eventually the foreign bonds will account for 10% to 12% of total assets and about 50% of the... Read more

Tax the Super Rich now or face a revolution

March 30 | Posted by mrossol | American Thought, Economics, Party Politics, Social Engineering

Tax the Super Rich now or face a revolution – MarketWatch. It is interesting, no doubt.  Perhaps one part of “a solution” but certainly not the only element.

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Green Energy?

March 29 | Posted by mrossol | Economics, Environment, Global Warming

The Green Energy Economy Reconsidered.. First, green energy is diffuse, and it takes a tremendous amount of land and material to harness … Second, it is extremely costly. … Third, it is unreliable. …  Fourth, it is scarce. …Finally, …

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Weak Educational System Hobbles Portugal

March 26 | Posted by mrossol | Economics, Socialism

 Weak Educational System Hobbles Portugal – WSJ.com. “… Just 28% of the Portuguese population between 25 and 64 has completed high school. The figure is 85% in Germany, 91% in the Czech Republic and 89% in the U.S. “I don’t see how it is going to grow without educating its work force,” says Pedro Carneiro, an economist at University College London who left... Read more

Mega-Banks and the Next Financial Crisis

March 23 | Posted by mrossol | Economics, Socialism

The Weekend Interview with Paul Singer: Mega-Banks and the Next Financial Crisis – WSJ.com. ===== By JAMES FREEMAN At the height of the housing bubble, hedge-fund manager Paul Singer was shorting subprime mortgages. By the spring of 2007, he was warning regulators on both sides of the Atlantic that the world was facing a major financial crisis. They ignored him. Now the founder of... Read more

Pressure Mounts on Absent Democrats

March 4 | Posted by mrossol | Economics, Obama, Party Politics, The Left

Pressure Mounts on Absent Democrats – WSJ.com. I thought the American Political System was based on participation?  Aren’t Democratic and Republican elected officials elected so that they will “be there” and represent their constituents? If they don’t like the proposal, cannot they simply offer an amendment for everyone to be part of the union, everyone to earn union wages and benefits…... Read more

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