The Market is a Nasty Master and a Disrespectful Servant
I hear paeans of praise every day from both sides of our political fence for something called The Market. Few fellow humans have ever been able to satisfactorily explain just what they mean by that incomplete phrase.The Creation of Value and the Value of Money
We have suffered a huge destruction of value in the last eighteen months; or have we? It seems more and more as if the years of our recent bubble inflation should teach us some lesson, as painful as the deflation has become for most of us. Doesn’t pain always teach us something? Otherwise the purpose is somewhat missing in the process of experiencing all of that anguish and sense of loss.
Taking Out the Corn Syrup
Or It Isn’t the Corn Stupid It’s the Amount of Sweetener
It is a wonderful life when visions of sugarplums resonate with the lyrics of a Beatles song inside your head. I guess I am a strange Loop too, Mr. Hofstadter. Or at times I am just strangely loopy about all of the young kids in the world. Sometimes I can even remember being one for a minute or two.Leader Less or Leaderless
We are a people working on a disaster recovery plan today. I am working on disaster recovery here at home at one A.M. in the morning by typing away. My daughter who just lost her job is working at disaster recovery in her dreams at her house. My friend and neighbor is pushing dogs over the fence while counting them and trying to sleep. He is working on disaster recovery too.
The Worst and the Blightist
Well the latest bonus boner at AIG is the last straw and no one seems to know what to do about it. I have a suggestion but it is too graphic for this day and age. The checks are already written and probably cashed. The horse has left the barn without consequences to the perpetrators of this massive crime. And those contracts oh yes we must keep contract law sacred mustn’t we?
Wanted One Really Honest Man
Or Who Will Rid Us of the Troublesome High Priests of Finance
You have met the hero in a thousand stories in your lifetime. A guy who is too honest to be compelled by money or power to join the looting and steal their own children’s future. A guy with the clarity of mind to see the truth about human beings and the strength of character to live with it. Or, if you are so inclined, you can find a girl with the same characteristics. Too bad, they all seem to be in fictional stories.
Why This Downturn May Last Longer
Or Why Depressions Happen During Times of Changes in The Mechanisms Used to Transfer Wealth
Distribution not creation of wealth makes the greatest economic impact. No matter how much you grow the wealth of a nation unless it is distributed widely it does not make the economy stronger. If wealth grows only in the hands of a few wealthy families the economy is stagnant. It is only when economic growth is widely distributed through work and investment that new wealth makes its greatest impact on a society.
CNBC and the Chronicles of NANA-NANA-NANA
Or, “We Have The Money and You Don't Have Any” (sung in a whiny see-saw voice)
Perhaps the end of times is actually coming. People are finally making fun of the financial network news. GE's venture into financial wit and wisdom came under the versatile fire of Jon Stewart and his crew of technical and comedic whizzes recently. Thank you Jon. It is high time that someone would prick the bubble of insanity on that Bad News Posing As Good News Network.
Dear Mr. President The Mattress is All We Have Left
Dear Mr. President The Mattress is All We Have Left
President Obama, The real problem with the banking institutions of the USA is not
just bankruptcy. It is the amount of drainage the managers of the banks pull out of the system of money management. Every dollar drained off for bonuses and salaries seriously impacts the depositor. It is the imbalance between our interests and those of the people running those institutions that is driving us to put our money under the mattresses.
Let Them Eat Snake (how to cow de cuss of medicine)
Or How Little Private Health Insurance Has Done For This Country
So far our health coverage in this nation has gone from emetic to pathetic. In my early life my mother was our family's only doctor. She dispensed emetics and other bad tasting medicine as needed. She also bound our childhood wounds and we healed the rest of the way by ourselves. I had one visit to a doctor between one and twenty and he saved my life with a penicillin shot.