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Monthly Archives: November 2013
Where Does the Money Come From?
This week revealed fresh evidence that things may get worse for the economy before they get better. Obviously, this is not the direction we’d wish to see things go. But rarely do we get what we wish for. This new … Continue reading
Posted in Economy, MN Gordon
Tagged monetizing debt, money, optimism, quantitative easing, small business
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Tomato Economics
No one quite understands what’s going on with the economy as far as we can tell. Looking to government reports for answers doesn’t help much either. In fact, the government’s economic data actually generates more questions than answers. For instance, … Continue reading
Posted in Economy, MN Gordon
Tagged commerce department, GDP, jobs, knowledge, labor department, wisdom
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Redistributing Wealth to the Rich
The world’s more unbelievable and fantastical than anything we could imagine. Look around. Astounding things are taking place each and every day. For instance, earlier this week China’s richest man, Wang Jianlin, paid $28.2 million for Pablo Picasso’s painting of … Continue reading
Posted in MN Gordon, Stock Market
Tagged bubble, DOW, monetizing debt, quantitative easing, S&P500
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Stunting the Lives of Millions
An extraordinary occurrence took place last Friday. Congress let a temporary $5 billion food stamp stimulus from the 2009 Recovery Act expire. We can’t recall ever hearing of a federal program becoming smaller. Can you? As a result, one in … Continue reading
Posted in MN Gordon, Politics
Tagged congress, food prices, food stamps, freedom, government meddling, taxes
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