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Tough love 'is good for children'
"Children brought up according to "tough love" principles are more successful in life, according to a study. The think tank Demos says a balance of warmth and discipline improved social skills more than an laissez-faire, authoritarian or disengaged upbringing. " We were... Roubini's Bad News Explained
Roy C. sent me the following message: “Roubini's bad news. Could you translate some of the harder stuff into something comprehensible?”Lets try to make it better understandable:The United States is up to its... Hey let’s help save the World, whilst drinking coffee.
No I am not talking about climate change, but an acceptable New World Order. Well it’s about the money that makes this tired old world go around yes the dirty ragged dollars. Whilst the land of the free has been... Economies Will Change:
Rebalancing the world’s economies won't happen overnight, that will take far more time.A Headline in The New York Times says: "Americans stop buying; trade deficit declines" "For the first eight months of the... What will the US Dollar do?
Ben Bernanke the chairman of the Fed, said in a speech at the National Economists Club in Washington, in November 2002:“Like gold, U.S. dollars have value only to the extent that they are strictly limited in... Deficit and National Bankruptcy
Roy C. wrote me this message: “Last night on FOX News, Dick Morris said that if the interest rates go up to 6%, something more normal, the cost of servicing the debt will rise to an amount equivalent to all the... Is Active Monetary Intervention Necessary?
Friedman's "solution for reducing the prospect for active intervention as well as the margin of human error was to propose the establishment of monetary rules instead of monetary authorities," explains Vox Day the... Women's Wages Outpaced Men's During Recession (US)
"The wages of the typical woman who had a job during the worst recession in decades rose faster than those of the typical man, new data from the Bureau of Labor Statistics show. Over the past two years, the wages... Bank Of America Is A Leading Economic Indicator
Bank of America, one of the many "too big to fail" corporations, received $45 billion in taxpayer "bailout" money a while back if you recall. Today, Bank Of America reported a $2.24 billion loss for the... Metropolitan Police may shut down human trafficking unit
"The Metropolitan Police may shut its specialist unit to tackle human trafficking because of lack of funding. You might remember this is the second time that the unit has been threatened with closure due to funding issues; last time, it was given a reprieve."It would be a... First woman wins economics Nobel
Elinor Ostrom has become the first woman to win the Nobel prize for economics since it began in 1968. Ms Ostrom won the prize with fellow American Oliver Williamson for their separate work in economic governance. No spending cuts for the royal family
(I refuse to use title case to refer to that lot.) So, in a year when the UK is experiencing a recession the like of which has not been seen for 30 years, and public spending is being cut every which way it possibly can, one family can do as it likes with tax-payers' money.... John Steinsvold: An alternative to Capitalism?
"The advantages of a way of life without money stagger the imagination; but they are real and cannot be disputed. Perhaps it is time for us to grab the brass ring?" ~ John Steinsvold, "Home of the... Oil sands get vote of confidence from China
Just this morning I was debating whether or not to invest in an ATB Alberta Growth Note with a 5 year guaranteed investment certificate (GIC), which enables Albertans to invest in Alberta's future, while investing...
created by albertacowpoke | 10 wks ago | updated 9 wks ago
197 views | 32 recommendations | 4 comments
197 views | 32 recommendations | 4 comments
State Politicos Capitalizing on Mortgage Crisis and Foreclosures
I read recently that Terry Goddard, Arizona's current attorney general, has joined a Task Force supposedly to address the scam artists operating in Arizona after Obama's claimed "rescue" was announced.
Below is a copy of a letter I sent to the Arizona legislature as a...
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