Category Archives: Uncategorized

Patriocracy movie review

I’m sad to say that after watching the movie “Patriocracy”, a documentary about our country’s polarized political environment I can’t endorse it for one major flaw; that of its mischaracterization of the US debt. They use the same low-info fear … Continue reading

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Why Krugman is wrong, and how. The importance of debt.

Finally a clear description of how the economics profession is failing us.  I’ve heard time and again that they don’t include banks in their equations, and never quite understood what that meant.  Leave it to the very clear writing of Steve Keen … Continue reading

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Savings, good for me, bad for you. Economics 101

George W. Bush famously said after 9/11 that Americans should go out and spend.  To many this seemed like a dumb idea – when in a recession, we should hunker down, save, not spend.  But he was partially right.  While savings … Continue reading

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Travel as education. The “walk about”

I just watched the below video interview of entrepreneur David Gilmour, founder of Fiji Water.   He talks about his father giving him a choice at the age of 16.  I’ll pay for you to travel on $10 per day, by yourself, every … Continue reading

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The top 1% have already won the class war

Stunning visual of why Occupy Wall Street says this is the 1% vs. the 99%. Source MotherJones.com

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How a simple idea could help Occupy Wall Street change everything

Occupy Wall Street has the passion, the numbers, and is squarely focused on the right villains.  The question is can they come up with real-world, workable solutions to our country’s financial problems. To that end this article shines a spotlight … Continue reading

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Letter to the Editor, NYTimes re: Krugmen

I just hit send on the following email in response to Paul Krugmen’s op-ed piece about taxing the rich called “The Social Contract”. The Times asks for responses to be 150 words or less, this response is more than double … Continue reading

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Understanding MMT: Why deficits?

Why has our nation run deficits nearly every year? Why has the “debt” gotten so big? If you’ve never heard of MMT or Modern Monetary Theory than you probably still believe the U.S. governement has a “debt” that must be paid … Continue reading

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