Monthly Archives: July 2013
The Joy of Going for Broke
One of the fabulous familiarities of living in a fading society is that not a day goes by where something utterly flabbergasting doesn’t occur. We don’t like it, of course. But who are we to stand in the way of … Continue reading
Guided By the Heavy Hand of Government
Wednesday was one of the more hilarious days in recent memory. President Obama gave a speech on the economy. As a Reuters article put it, the speech “sought to inject momentum into his economic and domestic policy agenda.” It didn’t. … Continue reading
Detroit Bankruptcy Uncovers Disastrous Pension Fund Fudge Factor
Detroit filed the largest municipal bankruptcy case in U.S. History last Thursday. Then, on Saturday, Helen Thomas bit the dust. No doubt, both passing were long overdue. As far as we can tell, the demise of Helen Thomas and Motor … Continue reading
The High Point of China’s Economic Boom
Sometime in the early 1980s, goes the popular lore, Chinese leader Deng Xiaoping looked out across the vast people’s communes and pronounced, “To get rich is glorious.” Suddenly, without hesitation, the people put down their rakes, walked off the farm … Continue reading
