I stumbled upon Beatrice Gerard’s Hunting for Sparrows when looking for some light reading for the weekend. It’s a thriller, but it underlines two different philosophies of economic development. There is action and the rest, of course, and a good dose of, what shall I call it, eroticism, but what struck my attention was the debate between Supply Side [...]
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Ghosts and Demons
President Obama said today that the OWS shouldn’t demonize the people working at Wall Street. I would agree in general with that, but I suspect that OWS is not against the clerks, analysts, etc. who work in Wall Street, but rather against those who don’t work. Not only those who don’t work, but those who [...]
Occupy is here to stay
Regardless of what happens with this wave of protests (winter can be a big deterrent for popular movements), the occupy movement, its continuation, spawns, and follow-up movements are here to stay. Washington has two illusions: that the movement wanes during the winter months and doesn’t come back, and that the 1012 elections offer a relief, [...]
Why it is important that Occupy Wall Street Remains Independent
A The Onion called Occupy Wall Street to define a position so everybody could move on and ignore them. The old guard doesn’t get Occupy Wall Street. They still think in terms of “political movements” when Occupy Wall Street is a moral movement. For too long, Morality (and I mean Morality, not chest-banging in the [...]
The Lobbyist for the 99%
Occupy Wall Street is being pressured to “make demands”, “offer solutions”. I contend this is not the role of a broad-based grassroots movement, that’s the role of the elected officials. Occupy Wall Street has been very successful so far in becoming the “Lobbyist for the 99%”. Think of it as a lobbyist who brings home [...]
And yet the data shows a fast recovery
This is an update to a post published almost two years ago: Some Historical Perspective on the Current Recession.Back then I analyzed data until the third quarter of 2008. The data showed that we weren’t in a depression yet, and that Up to the 3rd quarter of 2008, the economic recession was shallower than the [...]
Gold Chatter
Image via Wikipedia There is a lot of chatter about gold these days. Gold lost around 5% since May 12 and the chatter box is running wild with explainers. Here it is, yet, another explainer. There is nothing to see folks. Gold was overextended and it entered a correction period. These corrections can go from [...]
Increase in productivity (we are all Haitian)
Image via Wikipedia I haven’t written in the longest time. My last post, I see, was back in November. What could, you would ask, force an able-body-human-being-who-enjoys-sharing-his-unwanted-opinions-with-strangers (that’s my real name) to stay away from writing and almost forget the password of the blogsite? The answer my friends, is blowing in the increase in productivity [...]
If you are honestly against subsidized health care
If you are honestly against subsidized health care, I want to ask you that starting tomorrow, and for consistency sake, you stop using the list of products listed below. You see, this is not an all encompassing list, it’s just the beginning of the list of products that you should be worried about. What’s the [...]
Economic data supporting the need of health care reform
Just taking quick notes related to the health care debate. I find that most of the assumptions of those opposing health care reform are misinformed at best and disingenuous at worst. I am not talking about honest common folk who formed an opinion based on incorrect information, I am talking about those feeding the incorrect [...]
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