Archive for December, 2005

Losin’ One’s Mind *and* Lunch

Thursday, December 29, 2005 12:37 Comments Off

While eating lunch at my desk today, I lost a great deal of my diet coke to my computer screen. Here’s what did it: I still can’t forgive the central bank for decimating and deflating the bullish stock market economy five years ago, a move that temporarily ended the great productivity surge of the Internet [...]

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Listen to the Yield Curve

Tuesday, December 27, 2005 23:25 Comments Off

Because it tells a story. Today, the yield curve inverted. Long-term maturities are now paying a lower interest rate than short-term maturities. In a quote from the USA Today article, the last sentence, er, stands out: Other economists say the curve has lost its significance because special factors, such as the government shifting issuance to [...]

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Whistling Past Graveyards

Tuesday, December 27, 2005 23:02 Comments Off

Euro Pacific’s Peter Schiff nails it again with this piece on General Motors, gold, the housing bubble, the pension debacle, and Kudlow Komedy. Now that these contingent liabilities are coming due, workers in both sectors are in for rather rude awakenings. With personal savings at an all-time low, rising interest rates, and falling real incomes, [...]

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It’s Over

Monday, December 26, 2005 1:02 Comments Off

It’s 1:30am, and the frenzy is over. Thank heavens. I do love Christmas, sorta. But I’m tired of it at the same time. I’ll miss the glorious medieval Christmas music, but I’ll get to like driving on frenzy-less roads again. This Christmas left me without one of my two favorite Christmas music-loving pals, Georgia, as [...]

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Saturday, December 24, 2005 8:09 Comments Off

Well, we have it. The blog has a new look and a new name. I’ve still got to sort out and re-format the “book section,” and add the proper tools therein, but it’s 90% a go at this time. Thanks to webmaster Amar Trivedi, who designed the new blog. And thanks to the [...]

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Psychology for Technology Whores

Thursday, December 22, 2005 6:38 Comments Off

Almost half of personal computer owners say they can’t imagine life without their computers. About as many cellphone owners say the same thing about their portable phones. The intense loyalty to high-speed Internet is a sign that people are getting hooked on newer technology. Almost four in 10 people with high-speed Internet say they consider [...]

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“Fire Matt Millen”: Free Speech?

Thursday, December 22, 2005 5:34 Comments Off

For a Lions fan–like me–this is a great, new website. Never before in the NFL have fans been so agitated and hung-up on the notion of firing a……..yes, general manager. The coach, in fact, was already sacked. Since the Lions hired Millen 5 years ago, they have the worst record in the NFL during those [...]

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State-Level Protectionism

Tuesday, December 20, 2005 18:32 Comments Off

The imbecilic politicians in Michigan keep on keeping on. Michigan has made national headlines in regards to its protectionist wine policies. Back in 1985, the legislature amended its laws to allow in-state wineries to freely sell its wine to state residents, but it kept out the wine from outstate competitors in order to defend the [...]

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Trade Deficits: Utter Ignorance Exposed

Tuesday, December 20, 2005 11:51 Comments Off

The handling of the trade deficit issue is perhaps one of the best examples of hokum that we must endure–wherein the masses are continually assaulted with unmitigated disinformation. I can’t think of anyone more heroic on the “trade deficit” issue then Don Boudreaux. He is relentless in his corrections of misinformation and mass media hysteria [...]

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Saturday, December 17, 2005 19:11 Comments Off

I love everything retro. Big bells (ok, the flared leg) are back in (zap the hip huggers, please), so is tie-dye, and so are paisley/printed silk shirts. Square-toe heels and boots are big again, and so are hippie-like do-rags. Wal-Mart has a fantastic collection of colorful do-rags, and they are only 99 cents. Mummert Signs [...]

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