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    Economics / corporate profits, deregulation, regulation, taxes /

    Business Taxes, Or the Lack Thereof

    November 3, 2011

    There is an alternative universe somewhere in which America’s biggest businesses actually pay taxes. I know, I know, I am being idealistic. Well some of them do, even here on earth – blessed be Monsanto! Last year anyway. But many don’t. Indeed many seem to be able to collect refunds of grotesque proportions. Ask most […]

    Economics / construction, deficits, Federal Reserve Board, GDP, inflation, ISM Business Conditions Index, jobs, manufacturing, monetary policy, unemployment /

    News not Greek

    November 2, 2011

    It is hard at the moment not to be mesmerized by the melt down of the Euro. One moment we are told a major position has been established. The next, what was impregnable crumbles to dust in the face of inexorable economic and financial logic. As I see it default is both inevitable and desirable. […]

    Economics / consumer confidence, credit default swaps, Euro, Fitch, GDP, household debt, personal incomes, recovery, retail sales, savings /

    Weekend Round Up

    October 28, 2011

    It’s been a busy week. Particularly for sundry European leaders. Here’s a few suggestions for your consideration over the weekend. Are stock markets really that stupid? The extraordinary jump in the world’s various bourses at first sight of the Euro “solution” was out of proportion to the likely success of said solution. Actually it isn’t […]

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