Just a brief post to see if we can stir up any comments. I’ve been struck by how much of the Republican primary has centered around Mitt Romney’s tax bill (as Mike pointed out). It is interesting to note “conservatives” turning on one another regarding someone’s taxes being too low, which goes against the de [...]
Archive for the ‘Economics’ Category
What’s Wrong With 15%?
Posted in Economics, Unintended Consequences, tagged 15%, Mitt Romey, Taxes on January 25, 2012 | 1 Comment »
Who Will Apologize To Toyota?
Posted in Culture, Economics, Politics, tagged driver error, NASA, NHTSA, recall, sudden acceleration, Toyota, Wall Street Journal on February 9, 2011 | 6 Comments »
Almost a year ago I wrote a post about Toyota and the troubles they were having with recalls and sudden acceleration problems. The post and ensuing comments almost entirely dealt with the issue as a proxy for capitalism in general. The Wall Street Journal reports today that the NHTSA has released its findings from a [...]
The Income Gap
Posted in Economics, Politics, tagged income disparity, income gap, poor, rich, rich get richer, Thomas Sowell on January 5, 2011 | 40 Comments »
Here’s a hypothetical that I’d ask my readers to consider: Let’s suppose you have a job with a boss (probably not a great leap of imagination) and let’s say, just to heighten my point, that you personally dislike your boss. Which scenario would you prefer? A) In this new year, you get a $10,000 raise, [...]
What Trade Deficit?
Posted in Economics, International, Technology, tagged China, Made in USA, trade, trade deficit on January 4, 2011 | 1 Comment »
Just wanted to point your attention to an interesting article I read last month in The Wall Street Journal, titled Not Really ‘Made in China’. It takes a look at just what goes into the trade deficit amount that is listed for products shipped from China. Basically, if China is the country of origin then [...]
Unions Are Like Babies…
Posted in Culture, Economics, International, Politics, tagged anti-union, France, Greece, protest, retirement, riots, unions, Wall Street Journal on October 21, 2010 | 14 Comments »
…fun when they are actually doing something cute – but usually just crying, and shitting all over. Okay, just kidding… unions are never cute. My long absence from writing was re-awoken this morning upon seeing the picture below in the Wall Street Journal. The French, if you didn’t know, are embroiled in major strikes because [...]
Profits And The Poor
Posted in Culture, Economics, International, tagged capitalism, Dannon, Danone, free market, Muhammad Yunus, poor, profits on June 29, 2010 | 2 Comments »
If you missed the discussion going on at Mike’s post on vouchers and making a profitable school, then I encourage you to check it out. Part of that discussion made this article at the WSJ stand out even more to me. Danone, or Dannon as it’s known in the states, is very active in selling [...]
Dark Pools
Posted in Economics, Politics, tagged budget crisis, CAFR, California, deficit, north dakota, state run bank on June 3, 2010 | 6 Comments »
Anyone living in California is well aware of our budgetary crisis. But what if I told you there was more than just the budget? What if I told you that even though the CA budget was in the red, there were dark pools of money not being touched that far exceeded our budgetary shortfalls? While [...]
The Death Of European Democracy
Posted in Economics, Politics, tagged deregulation, EU, Euro, Europe, Globalization, Greece, greg palast, IMF, Mayer Amschel Rothschild, PIIGS, poverty, Privatization, Robert Mundell on May 4, 2010 | 15 Comments »
As the Greek stock market tumbles and European CDS of all non-Greek PIIGS explode, the IMF is now in a position to bailout all the European PIIGS (Portugal, Italy, Ireland, Greece, Spain). What’s happening in Greece is just another domino in the economic Rube Goldberg contraption known as Globalization. What started out as the exploitation [...]
Too Many Accidents
Posted in Economics, Environment, Politics, tagged BP, capitalism, Deepwater Horizon, government, Massey mine, Regulation on May 3, 2010 | 1 Comment »
A while back I wrote about Toyota and the question of whether the free-market may have failed in regulating itself by the presence of the safety failures that occurred in their cars and trucks. And now we are facing back-to-back tragedies with the mine explosion in Virginia, and now the BP oil-drilling rig explosion in [...]
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