The Radford Free Press – Page 296 – All life is problem solving.

How To Waste Money

May 27, 2011

Just a very quick note today. We have a long holiday weekend ahead of us here in the US. But I couldn’t pass this up. You all remember those notorious credit default swaps? Those nasty little, or not so little, pieces of paper that the boys and girls on Wall Street play with. Like matches […]

Commentary, Economics /

Republicans and The Slowdown

May 26, 2011

This morning’s news simply carries on our current theme: the economy is stuck in a low gear, and is seemingly unable to accelerate. The revised GDP figures are hardly worth mentioning in any detail since they end up with first quarter growth at a rate of 1.8%, identical with the preliminary numbers announced last month. […]

Economics / Bush, durable goods orders, home prices, real estate, recovery /

The Long Slowdown Continues

May 25, 2011

One of the things I find most odd about our economy, perhaps dispiriting is the better word, is that no matter how hard I try, I find it difficult to become truly upbeat about it. We appear stuck in some gigantic rut the boundaries of which prevent us from breaking free and getting back anywhere […]

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