The Radford Free Press – Page 206 – All life is problem solving.

Weekly Summary / debt ceiling, government spending, Obama, Republicans /

The Founding Fathers and The Debt Ceiling Saga

January 18, 2013

This week has been dominated by the debt ceiling. This is another sign of the moribund nature of American politics. Elections, and I thought we recently had one, are meant to have consequences. Unfortunately America is not a democracy, which means that a minority of its politicians can dominate the discussion regardless of whether they […]

Economics / bank reform, Dodd-Frank /

Finance [non] Reform

January 17, 2013

A few of you wonder why I think that Obama’s finance reform [aka Dodd-Frank] was a dud when the banks are always bitching about it. Well, there’s a short answer: it has practically no effect. This is despite it weighing in at 30,000+ pages of dense legalese. Its length alone elevates it into celebrated territory […]

Economics / austerity, government spending /

Why Cut Now?

January 17, 2013

It’s become common parlance, something so commonplace that when you argue contra wise you are classified a dummy, that the US needs to cut its Federal spending. No it doesn’t. But let’s go with the mainstream. The problem as I see it is this: when you argue we need to cut spending you need to […]

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