The Radford Free Press – Page 473 – All life is problem solving.

Economics / bailouts, California, deficits, taxes /

Nationalize California!

July 21, 2009

I ended my post on Friday last week with a tongue in cheek question: should we nationalize California? Given the turmoil that has erupted since the announcement of a budget compromise this morning, nationalization may now be a serious option. “California is a true banana republic – it would be laughable were it not for […]

Economics / banking, Bernanke, consumption, deficits, Federal Reserve Board, inflation, interest rates, stimulus, US government bonds /

Inflation: Real or Imagined?

July 21, 2009

We appear to have entered a new phase of debate about the direction of the economy and the policies we need to use to get ourselves back on our feet. The story so far is that the conservative coalition of right wing politicians, neo-classical economists, and sundry centrist hangers-on have lost every round of discussion […]

Economics / deficits, fiscal policy, health care, Reagan, tax cuts /

There Are No Moderates

July 20, 2009

Can we just all get over this. I am sick and tired of the media breathlessly reporting every word of supposed moderates in Congress. It is an astonishing oddity that these self-proclaimed middle of the road nonentities can get so much attention. They are simply annoying. Take the ‘Gang of Six’ who exploded onto the […]