A Lackluster Beginning
Friday, April 8th, 2005 Posted in Uncategorized | No Comments »This has been a very disappointing 3 months since the President's Inauguration. Standing behind the Capitol in the frigid conditions of that overcast day, I listened to President Bush rattle off a litany of goals he had for his ...
The Perpetual Campaign: The Final Nail in the Republic’s Coffin
Sunday, April 3rd, 2005 Posted in Uncategorized | No Comments »It's finally here: the perpetual campaign. As our Presidential campaign cycles get longer and longer, and as midterm posturing begins on Election night, we have enough to worry about when it comes to long campaign seasons. But there ...
Some Good News for a Change
Saturday, April 2nd, 2005 Posted in Uncategorized | No Comments »Corporate Profits are up, way up in fact. This is good news for the economy, though not necessarily for consumers in the short run. It's not bad news for consumers, it just doesn't do a whole lot for ...
Stagflation Redux
Saturday, April 2nd, 2005 Posted in Uncategorized | No Comments »Oil is up, prices are up, employment is shaky--the Fed is responding to all of this with higher interest rates. For those people who were around for the 1970s, the term Stagflation may be unfamiliar, but the realities of ...
Bad News Time
Friday, April 1st, 2005 Posted in Uncategorized | 1 Comment »The amount of money the U.S. Government has promised to pay out in Medicare and Social Security benefits in the future that it has no plan to pay for, that is, unfunded liabilities, $75 Trillion.The price of oil per barrel ...