Category Archives: economics

They Finally Convinced Me

I have Comcast cable internet. When it works, the speed of the connection is great. But there are just too many times when it doesn't work. Moreover, Comcast has some of the worst customer service I have ever experienced—on the phone, in person, via the web. But now, with internet usage on the rise, instead of […]

Buncha Whiners

So Phil Gramm, who supports John McCain in November, says, "We have sort of become a nation of whiners." A good response from John McCain would have been something like, "Damn straight! And it's time to wean the American people from their dependence on the government, restore their civil liberties, get them back in the driver's […]

Backwards Bernanke

Just when I thought Ben Bernanke couldn't be more of a putz… "The dollar surged on Tuesday after Federal Reserve Chairman Ben Bernanke warned the weak U.S. currency posed a risk to inflation, adding to views the central bank could raise interest rates later this year." Say what?! I'm not economics expert, but last I checked the […]

Suing OPEC

House passes bill to sue OPEC over oil prices "The House of Representatives overwhelmingly approved legislation on Tuesday allowing the Justice Department to sue OPEC members for limiting oil supplies and working together to set crude prices, but the White House threatened to veto the measure."[…]"'This bill guarantees that oil prices will reflect supply and demand […]

Self-Preservation and Job Security

A recent post, 96% of Ordinary People Know That Modern Art is Crap and Artists Are Pompous Narcissists, reminded me of the simple fact that every field is self-preservative. That is to say, of course art professors are going to say that people need to be educated, and need to be "woken up," or something […]