The Radford Free Press – Page 262 – All life is problem solving.

Economics / banking, deficits, Euro, GDP, Keynes, Minsky, recovery, Spain, stimulus, wages /

Historic Grumpiness

December 19, 2011

I am not sure how to react to the drift of events. It seems as if our leaders, both here and in Europe, are determined to re-create the Great Depression. I guess it must have been fun the first time through. While else would they be so steadfast in their lunacy? We live in absurd […]

Economics / consumption, exports, GDP, retail sales, unemployment /

Sideways Consumers

December 13, 2011

A brief note to comment on today’s retail sales numbers: they were disappointing, especially after the hoopla associated with the traditional burst of spending after Thanksgiving. The government’s report has retail sales growing only 0.2% in November, down from the October rate of 0.6%, and September’s 1.3%. This flattening out of spending surprised most analysts […]

Commentary / Elizabeth Warren, Karl Rove /

Unsound Bites #2

December 8, 2011

Wow. I didn’t think I would surface more lunacy so quickly. But I did. You all know who Elizabeth Warren is. She is the scourge of the banks, high finance, and all who are associated with the noble profession of fleecing regular folk who are either too dull, lazy, or bored to read through the […]

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