Category Archives: economy
What are the Occupy Wall Street demonstrations about?
What is the basic narrative of the Occupy Wall Street movement? Is it Main Street vs. Wall Street? Is it the bailing out those financial institutions that are too big to fail? Is it exposing corruption in capitalism when powerful … Continue reading
Happy Labor Day!
I would like to wish everyone a happy Labor Day! I hope that you are able to enjoy this time off to spend with your family and friends. As we celebrate this Labor Day, I am certainly reminded and can … Continue reading
Debt Ceiling Crisis
The debt ceiling bill that was passed last Tuesday (August 2) provides for the debt ceiling to be increased by $2.4 trillion dollars in total, calls for cuts of more than $2.1 trillion over ten years in spending (with $900 … Continue reading
Political Courage
Where is the political courage in our governmental leaders? In the midst of a looming deadline (Aug. 2) to increase the debt ceiling, the Republican leadership has abandoned an opportunity to reduce the deficit by $4 trillion or more over … Continue reading
Happy Birthday America!
Happy Birthday America! As we celebrate our Independence Day on the Fourth of July, I can’t help but to reflect on how blessed we are to live in such a great country! Consider yourself rich compared to the rest of … Continue reading
For the unemployed
There is no doubt that one of the toughest problems to solve in our current economic situation is the ability to create jobs. It was announced today by the Bureau of Labor Statistics that the unemployment rate rose to 9.1 … Continue reading
