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Archive for the ‘capitalism’ Category

Didn’t the government bail these suckers out?

Friday, June 20th, 2008

Seems a couple of the executives at Bear Stearns got arrested Thursday. Matthew Tannin and Ralph Cioffi are not happy campers..or happy hedge fund operators. From the Marketwatch link: They were charged in a nine-count indictment that alleged the two engaged in wire fraud, conspiracy and securities fraud in misleading investors ...

Energy Policy: It’s the Trust Stupid

Thursday, June 19th, 2008

People used to wonder where the tipping point was for gasoline. Unleashing my massive intellect, I've calculated it's approximately $4 per gallon. Four bucks is the point at which people stop driving, airlines start charging extra to lose your luggage, and Hummers lumber uneconomically into that long oil-soaked night. It just ...

Unregulated Capitalism and The Mortgage Crisis

Thursday, June 19th, 2008

Conservatives have a mantra- the market is king. They feel that any government regulation of business activity is too much, and further, that if a consumer is too "stupid" to understand all the fine print legalese then too bad, so sad. To make money is the ultimate goal, regardless of ...

Let’s See, Who Hasn’t Been Squeezed and Gouged Yet? Renters!

Sunday, June 15th, 2008

If you’re renting — better enjoy the fantastic deal you’ve been getting. It might not last much longer. So far, banks and cell phone carriers have gotten most of the publicity for suckerpunching their customers with hidden fees, and changing the rules in the ninth inning. But other businesses are seeing ...

Tickets To Eternity On Sale For Three Easy Payments Of $19.99?

Thursday, June 5th, 2008

If you're not familiar with Newsmax, suffice it to say that it is a right leaning internet site...one that routinely spouts Republican talking points. I signed up for their email alerts a couple years ago and while I rarely read their rhetoric, I occasionally come across an item that defines ...

Health Care Crisis: Wal-Mart to the Rescue!

Sunday, June 1st, 2008

You’re probably thinking “What the F%$#!&*^%$#$!#?!?!?!?!?” But this article makes a few interesting points. Yes, Wal-Mart has thrown people out of work by driving local stores out of business. And your local emergency room is flooded with Wal-Mart employees who can’t afford (or aren’t qualified for) their company’s health care “coverage.” But: ...

Libertarian City-States?

Tuesday, May 27th, 2008

A few Libertarians are trying to put their money where their mouth is.  Tired of their country and the government that drags them down they are planning to build a "Spar Platform" in International waters to house their vision of a Libertarian City-State.  Peter Thiel has just ponied up the first 1/2 ...

What a Disaster

Thursday, May 22nd, 2008

It's always something. A cyclone wallops Myanmar or Burma or whatever the hell else they're calling themselves these days and close on its heels, an earthquake rattles the fillings from a quintillion Chinese teeth. Both are totalitarian regimes, neither has a long history of doing much for their people as they ...

Gas Prices, Gas Bags, & The Gas Chamber

Monday, May 19th, 2008

No doubt the current energy crunch is a complex equation. A number of factors likely contribute to the rising price of gasoline in the United States. As I understand it, they include the rapidly expanding consumer demand (including China and India), the fact that the U.S. hasn't built a new ...

Beyond The Mainstream Media: Understanding The Food Crisis

Friday, May 16th, 2008

When I traveled around the world, one of the most notable differences was the character and content of television news. The primary distinction seems to be a matter of depth...meaning the news in other regions isn't just presented in short sound bites. Granted, we have programs in the U.S. that ...

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