The Radford Free Press – Page 191 – All life is problem solving.

Economics / bank reform, banking, Citibank, deregulation, Euro, Jamie Dimon, JP Morgan Chase, regulation /

Oh, Those Crazy Mega-Banks

March 18, 2013

Oh dear. I managed to avoid talking about banks for quite a while. It seems time to revisit our favorite villains. They’re up to no good again. The problem with banking, as someone far wiser than I once said, is that banks are more dangerous than standing armies. I guess he must have said that […]

Economics / defense spending, government spending, medicare, Paul Ryan, Republicans, Social Security /

Game Over

March 18, 2013

Let the new game begin! You may have missed this weekend’s news. Here is the short version: the Republican party does not think there is a fiscal crisis. No. Not at all. What crisis there is resides well off in the future. So all those panics, fiscal cliffs, sequester debates, and assorted other dire emergencies […]

Economics / consumption, inequality, retail sales /

Retail Sales

March 13, 2013

A quick note: Retail sales rose quite strongly last month despite higher payroll taxes. Overall sales grew 1.1% in February, the biggest increase for five months. Much of that was accounted for by higher gasoline prices – sales of gas rose 5.0% because the average cost of gasoline rose 12% per gallon – but other […]

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