Archive for the ‘Economics’ Category
J.C. Penney Pricing Strategy Fails to Meet the Perception of the Masses
Monday, April 8, 2013 18:05 7 CommentsI find this breaking news to be very intriguing, especially since I wrote a short post just over a year ago in regards to the new pricing strategy put into practice by the new CEO in 2012. A quote from the January 2012 article on Yahoo goes as follows: Perhaps the biggest challenge for Penney is [...]
Can You Afford the Future?
Sunday, March 17, 2013 18:54 1 CommentChris Martenson has published an excellent piece on Safehaven.com on why Americans can’t afford the future. And the truth is: The three adult generations in the U.S. are suffering, and their burdens are likely to increase with time. Each is experiencing a squeeze that is making it harder to create value, save capital, and pursue [...]
New Book From a Great Austrian Economist
Thursday, February 7, 2013 18:31 No CommentsAsk anyone who went to Walsh College or the University of Detroit … who was the greatest teacher they ever had? So many come back and say “Harry Veryser.” You’ll hear students say that for the first time ever they understood and became interested in the dismal science. Harry assembled an entire department, at Walsh, [...]
Economic Riots and TrampleFests
Sunday, January 13, 2013 11:19 6 CommentsThis is just a peek at what lies ahead. In a Detroit suburb, rioting ensued when a government organization attempted to hand out welfare freebies in the form of Section 8 Housing Vouchers. The county was giving out 1,000 vouchers and at least 4x that many people showed up to get the freebie. The Michigan [...]
Incoming Treasury Secretary Can’t Sign His Name
Friday, January 11, 2013 18:49 1 CommentOh my – Jack Lew gets an F for handwriting. Also, I wonder if anyone can help Jack Lew find his chin? I’m sure he would like it back.
Helicopter Child
Friday, January 11, 2013 18:19 2 CommentsQuiz: is this Ben Bernanke or Alan Greenspan as a child? Does it matter?
Lew Rockwell to be Obama’s Treasury Secretary
Wednesday, January 9, 2013 22:16 2 CommentsI received this content in an “alert” email from the Wall Street Journal today: Obama to Nominate Lew as Treasury Secretary President Barack Obama has decided to nominate Jacob Lew, a central figure in the Clinton and Obama White Houses, to be the next Treasury secretary, elevating the White House chief of staff into the [...]
The Fed’s Rinse & Repeat
Wednesday, December 12, 2012 18:16 2 CommentsSince I am a fan of process documentation and flow charts:
Washington Post on “In Debt” vs. “Insolvent”
Wednesday, October 24, 2012 6:26 4 CommentsThis is one from the “Yes, someone really wrote this” files. The Washington Post “fact checker,” Josh Hicks, has put it in writing that the United States government, in spite of its trillions of debt, is not insolvent because insolvency implies an inability to pay debt, and the US can pay its debt because it [...]



