Category: American Economy

July 20, 2013

Wake up, Gulliver: The Lilliputians are almost done

Filed under: American Economy,Politics In General - 20 Jul 2013

Jonathan Swift’s classic novel Gulliver’s Travels—and in particular the novel’s first section in which the tiny Lilliputians immobilize Gulliver by binding him with thousands of tiny, threadlike ropes—serves as a literary metaphor for today’s American economy. While our friends on …

March 17, 2013

Federal Reserve Constitutional or Merely Legal?

Filed under: American Economy,American Government - 17 Mar 2013

The Federal Reserve is the Central Bank of the United States. It is in charge of printing money issuing bonds and setting interest rates for those bonds. Article 1, Section 8 of the Constitution says, “The Congress shall …

September 22, 2012

Trying To Make The Barn Door Fly

We engineers have a saying: “Given enough thrust, even a barn door can fly.”

Now, one does not have to have a PhD in Aerospace Engineering to understand how non-aerodynamic a barn door is. But the saying is indeed true: if …

September 1, 2012

On God and Man on Wall Street

V&V: Dr. Columbus, why did you write this book?

Dr. Craig Columbus: The financial-scandal genre is a very crowded shelf. These books do a fine job of recounting Wall Street’s misdeeds. But no one had addressed the topic of fixing …

August 13, 2012

If it isn’t Right it’s Wrong

Back in the nineties when Pat Buchanan was wise enough to label the Culture War for what it was some of us asked, “How can a moral wrong be a civil right?” This was back when those coming out …

August 6, 2012

Is the Inertia Greater Than the Momentum?

The causes of our problems are not hard to see. Americans aren’t obese because evil restaurateurs are forcing them to eat fried butter on a stick. We are bulging at the seams because we eat too much and …

April 19, 2012

A Progressive Perverts the Commerce Clause; but O’Reilly Gets it Right!

Bill O’Reilly (Fox News) made our Framers proud when, on March 26, 2012, he correctly explained [probably for the first time ever on TV] the genuine meaning of the interstate commerce clause. O’Reilly’s guest was Big Government Progressive Caroline Fredrickson, …

February 18, 2012

The Obama Fable about Energy: You know where he can shove his windmills!

Filed under: American Economy - 18 Feb 2012

As I always say it is better to read Obama’s speeches then to just listen. Obama never talked about the high price of gasoline at the pump in his last SOTU. It is way too high and it is causing …

February 11, 2012

Americans Are Better Than Who Obama Thinks We Are.

Along with their ever-present accusation that anyone who criticizes or disagrees with America’s first black president is a racist, class envy is the centerpiece of Obama’s re-election campaign.

December 17, 2011

The Obama/Energy Strangle-hold On America

While the Obama Administration has worked tirelessly at minimizing the negative political fallout of its “green jobs” debacle (Solyndra being among the few that gained attention), the nation has yet to fully grasp just how devastating the Obama agenda has …

September 16, 2011

President Obama’s Latest “Jobs” Gambit

If you watched President Obama’s speech to a joint session of Congress, you didn’t see anything new. He did what he does best—campaign for re-election and pay lip service to private enterprise and fiscal responsibility while proposing more top-down economic …

September 1, 2011

Obama has a Plan for the Economy. What would Your Plan Be?

Filed under: American Economy - 01 Sep 2011

After Obama comes back from his needed vacation, he is going to hit us with the plan of all plans. I betcha you can’t wait. He can!

First off he needs to apologize without being so condescending. And he needs to …

August 22, 2011

Gold’s Meteoric Rise

The price of gold has gone on a tear this summer, from slightly under $1500 per ounce to well over $1800 per ounce, and it looks like it wants to go higher. What gives?
Well, if you bought gold last spring, …

August 17, 2011

Big Deal or No Big Deal?

Filed under: American Economy,Economics,In The News - 17 Aug 2011

As the August 2 deadline for a debt-ceiling deal drew near, many expected a big deal that would significantly change the direction of federal fiscal policy. After weeks of tumultuous negotiations, partisan bickering, and impassioned histrionics, the agreement that finally …

July 22, 2011

Debt Ceiling is not made of Glass!

There has been so much talk about the debt ceiling, but most of it appears to be false.

The liberals want you to think that if we don’t raise the debt ceiling we will default on all our bills. And the …

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