Category Archives: Economic Issues

What to Worry About

Here it is, the end of the first week in September, and Obama doesn’t have a comprehensive strategy for dealing with those ISIS folks, yet – he’s still working on it. In Estonia on NATO business, Obama’s message was mixed … Continue reading

Posted in Economic Issues, Income Inequality | Tagged , , , , , , , , , , , , , , , | 2 Comments

That Private World

Dickens is not everyone’s cup of tea – in fact hardy anyone reads him now, and probably few even know who Charles Dickens was. He was not a power-forward in the NBA or a NASCAR driver after all. Yes, recent … Continue reading

Posted in Economic Issues, Economic Meltdown, Economic Recovery | Tagged , , , , , , , , , , , | Leave a comment

One More Lost Generation

There are the late-night saloon songs, and the classic is Frank Sinatra singing “make it one for my baby, and one more for the road” of course. Dreams are dead. Nothing worked out. That’s how it goes. There’s not much … Continue reading

Posted in American Optimism, Economic Issues, End of the American Dream, Lush Life | Tagged , , , , , , , , , , , , , , , | Leave a comment

When In Doubt Extend and Pretend

Americans have their odd enthusiasms, some of which are attributable to marketing. In professional football, the Dallas Cowboys decided, for a time, to brand themselves America’s Team. That was pretty clever – it made everyone feel great about everything. They … Continue reading

Posted in Economic Confidence, Economic Issues, Economic Meltdown, Economic Theory, Ireland's Economic Crisis | Tagged , , , , , , , , , , , , , , , , | Leave a comment

The Curious Absence of White-Hot Social Anger

A quiet Sunday evening in Hollywood, rain on the way, browsing the news and opinion sites, trying to get a sense of what seems to be going on in the world, or what people think is going on – with … Continue reading

Posted in America a Third-World Country, Americans' Ambiguity Regarding the Rich, Community and Personal Freedom, Economic Issues, Foreclosure Crisis, Income Disparity | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

The Now Quaint Idea That Effort Is Related To Reward

It’s a pretty standard joke in situation comedies. There’s always the character that gets into absurd impossible situations – scheduling two dates with two gorgeous women for exactly the same time and the same place, or buying a build-your-own-peanut-butter-castle franchise … Continue reading

Posted in Economic Issues, End of the American Dream, Structural Unemployment, Unemployment | Tagged , , , , , , , , , , , , , , , | Leave a comment

The Beginning of the End of the Age of Casual Fraud

One does not usually associate high finance with high drama. Oliver Stone pulled it off in his 1987 movie Wall Street – but that relied on a script full of over-the-top one-line zingers, and on Michael Douglas, with the slicked-back … Continue reading

Posted in Economic Issues, Economic Theory, Financial Meltdown, Financial Reform, Goldman Sachs Charged With Fraud | Tagged , , , , , , , , , , , , , , | 1 Comment