The Debt Spiral

Pilots fear the Death Spiral.  If the plane is already too slow, pulling back on the controls in an attempt to gain/hold altitude further slows the wing speed and increases the stall. As so-called “investors” flock to so-called “safe-haven” US…

Jobs. They are Measuring the Wrong Thing!

No one (in their right mind) is going to hire in the traditional W-2 sense. No one will increase head-count unless almost forced to do so.  Do you think “Obama-care” encourages employers to add to their formal payroll? For many reasons,…

Credit Card Rates are too Damn High!

The “rent is too damn high” and so are credit card rates. Traditionally the source of credit for new and small businesses, credit card rates are much too high. 10-year Treasuries at 2% and credit card rates still 12% to 25%…

To Avoid Becoming Great Britain

Young people for a variety of reasons are rioting in England.  As usual, both the Left and the Right are wrong as to why. To avoid the same problems in the US, we need a public works/service program. In a…

Why Punish the Savers ?

These artificially low interest rates do not make any sense.  And, they have not and will not work.  The rating agencies are involved (as usual).  Something is going on. Big govt, big corp, and the rating agencies.  What are they…