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Containing Cost of Health Care

Entitlement reform became the battle cry of one party not too long ago. I argued here how the real issue is the cost of health care. Social Security is easy, a few minor adjustments and it’s good for...

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Income Inequality

Great article from Bloomberg about record profits by manufacturers but stagnate wages for the folks doing the producing. If I’m reading the article right, profits after taxes have risen by ~300% since...

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A Litttle More Non-Inflation

Two links to posts here today. First by Ed Dolan: Falling Gasoline Prices bring Inflation to a Four Year Low.  See this chart. Inflation per BLS Well compare that to what I’ve said here. We see again...

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Fed Tutorial

Perhaps some interest here on how the Fed actually creates money. Nothing earthshattering, simply helps describe how and why it is doing what it is doing....

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Devaluing the Dollar

Since yesterdays video about how the Fed makes (literally) money I’ve seen a few questions. On top of recent discussion of how and why we are not seeing inflation…thought I’d bring this recent piece...

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It is Not Heartwarming

To realize the U.S Government post 911 bestowed  private domestic policing powers on the 12 Federal Reserve Banks, including the New York Fed. You have to read about it here, just thinking about it...

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Future Inflation?

In the long-going inflation discussion, I keep hearing the same junk about “currency debasement” and the continual “It’s just around the corner’. I can hardly wait until one of my friends…after being...

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Income Inequality–Even the Right is in Agreement these Days

After all the writing and all the talking but none of the action required to fix this problem, here are some excerpts from Barry Ritholtz–54% of Republicans Say We’ve Got Too Much Inequality “In fact,...

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We Just Don’t Understand

…how great the divide really is between the “Haves” and the “Have Nots”. Let’s not even look at the top few percent. Let’s look at someone we all know, teachers. I saw these figures a while ago,...

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Debt?

Nice to see congress finally raise the debt ceiling without the usual “strings” attached. Meanwhile there is more on the fictional impacts of the debt ratio done by Reinhart and Rogof. Could the...

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Censorship, We should all be Scared

    Last week we saw a small dust-up over the appearance of our Vice President Elect Mr Pence at Hamilton. First he was booed by the audience, then the cast addressed him with a message. “We hope you...

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More Censorship

    I wrote most of this post a few days ago. Since then we have seen even more from Mr Trump indicating he only wants good coverage. He is willing to blame the media for anything not matching his...

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Demanding Support

    Over the last couple weeks I’ve been involved in and witnessed numerous discussions both in person and on social media about how we all need to support our President elect. In many ways I share and...

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Manufacturing Coming Back?

In the midst of the Carrier deal as well as the long election lead up op on manufacturing, here are a couple thoughts. Look at the Carrier deal. Good, keeps some jobs, which pays some employees, who...

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Censorship – Revisited Already

Just a quick post here reference a recent commentary on censorship, how it’s already manifesting itself this Administration. Not even in the seat yet and the talking heads are beginning the process....

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Situational Ethics?

Good example here: During the Obama Presidency Mr Paul Ryan questioned the Presidents decision to read some intelligence briefings himself rather than get them verbally from the intelligence agency. “I...

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Another Ethics Challenge, the Great Wall

As a campaign promise Mr Trump said he will build a wall, a great wall, the greatest wall…and Mexico will pay for it.  Mexico said even then before the election, they will not. As of yesterday the...

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Heath Care Fun and Games

It’s all fun and games sitting in the stands, throwing things on the ice in protest, attempting to sabotage the US team’s chance at victory, even a slim one that happens to be good for Americans...

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Don’t Pass on Fake News–leave that to the professionals

With confirmation hearings this week fake news is back on the front page. Specifically Michael Flynn, Mr Trump’s nominee for National Security Adviser.  Retired General Flynn’s last position was...

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Confirmation Hearings, Attorney General

As confirmation hearings are underway, this piece from conservative columnist George Will hits a couple key points. First the quality of the candidate in Alabama Senator Sam Sessions, and next the...

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