The Federal Reserve Mandates Inflation

Much of the content of the latest Fed statement, released on September 21, echoes the central bank’s previous post-credit crunch pronouncements: there is still too much slack in the economy, interest rates are still going to be near-zero for an “extended...

Pirates at the Helm

Pirates at the Helm Reason must rule and appetite and emotion obey (Cicero) What a fisherman sees A successful life is a well run boat. Reason is the helm; it is the vantage point from where you have vision all around and where you can reach the controls. The motor,...

Random Tweets on the Passing Scene

Here are some Tweets I posted this past week:Posted 9-27-10To establish capitalism, man’s need to be free, & therefore prosperous, must be recognized. We should demand de-regulation of our economy. We should declare the new health care law...

The Hail Mary

Since the US economy has failed to recover as widely predicted, pressure on the Federal Reserve to conjure a solution has increased. In fact, the Fed now faces the hardest choices in its history. It can either redouble its past efforts to re-inflate...

Philippines: First Step, Lower Taxes

There are a lot of developing countries in the world who are looking for an answer to their woes, our country being one of them. The biggest question out there is “How do we become a 1st world country?” A great first step for us would be; lower taxes. Lower it as much...