Tag: Wall Street

The Stock Market and the Economy ARE NOT the Same Thing!!

First and most importantly, the stock market is not the economy. I cannot count the number of times I have had to explain, during a conversation over the U.S. economy (or any other government for that matter), that when I’m referring to “economies” being in trouble, I’m NOT talking about the frakking stock market. One…

While You Focus on the Trump Circus, World Markets are Burning

The US Republican-led Congress and the US media focuses on the Trump circus, but the US voter had better wake up to the reality that the conservatives’ idiotic austerity insistence is about to bring about a SERIOUS return to recession and there is nothing the Federal Reserve can do about it this time….they are out…

Please Mr. President: No More Wall Street Whiners

I see President Obama’s victory as one not just for himself and principles of Democrats, but renewed hope that he has come to understand macroeconomics. Given that most voters do not understand the economics of fiscal multipliers, bank recapitalization, or quantitative easing, they seem to have understood enough to reject the Republican narrative that fiscal…

One Set of Rules For Big Business; Another for Everyone Else

If you don’t believe that there is one set of rules, laws, regulations and consequences for big business, big investors or big banks, and another set for everyone else, I would REALLY like to sell you some prime farm land in the middle of the Mississippi River. Yesterday’s Knoxville News (Tennessee) ran a story about a…

Austerity vs The One Penny Solution

Paul Ryan, the GOP in general and European policy makers either just don’t get it, or they’re  trying to return us to the time where there was a Spanish Pope name Borgia (daughter Lucrezia), or my theory that Republicans are Neo Confederates is fact, not theory. To hear any of them talk, one would think…

Do Not Let The Republicans Frame the Gasoline Debate

For the life of me, I cannot understand how the people of the United States continues to let a chosen few run roughshod over our political discussions, much less how much we pay for gasoline. The “outrage of the week” for me has been the slow crawl of gasoline prices and how a few blockheads…