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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... 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... 360 views | 22 recommendations | 12 comments
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. 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 Brave?" , copyright 2006This piece by John Steinsvold... 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 Karl Gotthardt - albertacowpoke | 3 years ago | updated 3 years ago
348 views | 32 recommendations | 4 comments
348 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... U.S. Warned of Sugar Shortage
Do you have a sweet tooth for chocolate bars, cereals, cookies, gums, sodas, and juices? If so, you better watch out! Several giant foo producers warned the Obama government that the U.S. could be facing a severe sugar shortage unless the import quotas are increased.... Don't Make Eco-Perfect Enemy of Eco-Good
Elegant Roots Blog Twitter led me to an interesting blog likening environmentalism to religion: “Green Angst: why being green is like being religious”: The Clean Hippie “This blog is supposed to be about being green and being normal at the same time. But a true... Marginal Revolution and Friends: Blog Economics
The financial crisis has created a hate love relationship with economists. The profession as a whole has taken a beating, but in a time where people need to understand the market more than ever blogs, such as... Obama and Bush: Deja Vu Again on the Budget
................................................ ""Republican leaders continued their attacks on President Barack Obama’s handling of the economy Tuesday, calling it irresponsible. Republicans said the president... The changed face of Britain.
Government is about the effective management of a Nation to survive change while setting standards that promote opportunity, wealth and healthy prosperity in the face of challenges to its existence. Stability on the other hand is about maintaining a level of control over... Madoff in prison which leaves $50Billion unaccounted for!.
Bernard Madoff (aged 71) has been jailed for 150 years for swindling investors out of billions of around $50 Billion dollars over a decade(?) and UNDER THE very noses of the US Securities and Exchange Commission [ SEC ]. SEC chairman Christopher Cox stated "I was very... Bigger isn't better
A return to booming economic growth would put the world back on the path to disaster -- it's time for a radical rethinking.~Bigger isn't Better, By Peter A. Victor.~ " There's nothing like a good crisis to make us rethink old ideas. The Depression of the 1930s led to the...
created by Maireid Sullivan | 3 years ago | updated 3 years ago
163 views | 15 recommendations | 2 comments
163 views | 15 recommendations | 2 comments
Economic Recovery Unlikely
Today’s economic output is for 70% dependent on consumption. Shoppers cannot ‘save’ the world economy anymore and China's economic miracle can't rescue this economy either.The law of personal and financial... Top Members Today
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