An Inflationary Death Spiral

by | Nov 8, 2010 | Investing

?It seems the Fed has given up on the idea that the country can build a viable and stable economy through the conventional means. Instead, our central bank has resorted to once again growing GDP and increasing employment by the creation of asset bubbles. This is a...

Beware the FED Tide

by | Nov 5, 2010 | Investing

This week, desperation became palpable at the Fed. In both the formulaic statement that accompanied its FOMC policy decision and Chairman Ben Bernanke’s unusual (and clumsy) Washington Post op-ed follow up, the guardians of our currency expressed grave...

America's Last Chance

by | Nov 4, 2010 | POLITICS

As expected, Republicans now have more control of the government than before. Their gains in the House of Representatives, at least, are substantial. The more important news is that some Republicans actually do appear to stand for something different from Democrats,...

Obama Too Idelological?

by | Nov 4, 2010 | POLITICS

Some people blame Obama’s failures on being “too ideological.” This is equivalent to saying: “Obama is failing because he has ideas.” Ridiculous. Nobody in politics — or anything else — fails for having ideas. People fail for...

Ideas Have Consequences

by | Nov 1, 2010 | POLITICS

Ron Radosh wrote in PJM an article entitled “The Disappearance of The Emerging Democratic Majority.” Having outlined a number of facts that show the falseness of the view that America now constitutes a Democratic majority and that the GOP has been...