Yesterday the market went into a wild tailspin- pulled out- then is back to swinging like a pendulum. This isn’t anything about “investing” in companies- this is all about betting on horses- and that’s a stupid way to manage an economy. Really- horses and stocks aren’t connected to a predictable financial reality- the one that’s Read More
I see this blog as my way of keeping the people of Dayton informed in a way the local media doesn’t. I want to keep you thinking about the things that are really important, not the “if it bleeds, it leads” kind of BS that local “journalists” thrive on. While we’ve all been head over Read More
The reality is starting to hit home with State pension fund managers: the fun times are over. Heavily invested in the stock market, most public pension funds looked good as long as times were good, when in fact, they were sitting on the same shaky foundations that were holding up the rest of the Wall Read More
On NPR this AM, I heard something about the “Middle Class Task Force” run by Vice President Biden. I’m trying to envision this task force? Will it include soldiers coming to rebuild schools and roads with private contractors like in Iraq and Afghanistan? With billions to spend- just like our military? As far as I Read More
“Sexting” is one of those things that makes me laugh- about how out of touch our legislators are- and the lengths that they will go to distract us from real issues. Like the Wall Street Casino- the wholesale exportation of our entire manufacturing base and the failures of our system of elections that have created Read More
Recent Comments