Tuesday, February 28, 2012
Gas Prices as an Indicator of Energy Costs
The consumer does not need more reminders about the pain experienced with every fill up at the pump. The drain on your
pocketbook is growing. During economic dislocation and diminished vitality any prospects of a turnaround dim as gas approaches
$4.00 a gallon and beyond. Been here before and the idea that this time the economy will be less effected is unreasonable.
The cost for all energy is rising but the impact of gas prices has a personal burden on everyday budgets. The
Price of Fuel provides a useful synopsis.
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Tuesday, February 21, 2012
Regulations Harm Small Business and Protects Corporations
The prospects for conducting commerce are never an easy task. The hurdles to start a business much less stay competitive
demands the greatest skill and fortitude. Innovation and inspiration often is the best course for those bold enough to become
an employer. The idea that a level playing field exists for all comers is preposterous. The entire macrocosm for business
rests upon separating your enterprise from that of your rivalries. Such is a basic lesson for those brave or foolish enough
to enter the arena.
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Tuesday, February 14, 2012
David Stockman's Viewpoint on the Obama Budget Disaster
Passing a Federal Budget is a rarity, especially under the administration of a committed Marxist. The Democratic Senate’s
strangle hold on bringing up legislation, particularly a budget, goes without saying. What makes this new budget for 2013
any different? This time the day of reckoning hits hard the first of the next year. The recent interview with David Stockman
on the Fox Business channel with Neil Cavuto is an extraordinary analysis why the economy will absorb a frightful tax increase all at one time. The fallout
to commerce could become the real end of the world scenario. Take the time and watch the insightful observations from a courageous
number cruncher who served this nation with distinction during the Reagan Presidency.
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Tuesday, February 7, 2012
Banking, Housing and Mortgages
The primary players that caused the housing bubble are:
1) The banking institutions that bundled and sold very risky
mortgages
2) The Wall Street firms that bought these instruments and hedged for a default hazard by booking speculative
derivative insurance that could never pay off on massive defaults
3) Fannie Mae and Freddie Mac provided government
backing, of last resort, on bad mortgages
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