Category Archives: MN Gordon
Be Like Jimmy
The DOW jumped up 108 point yesterday. The headlines offer many reasons why this is so. But we don’t have time to consider them today. For we have other points to ponder…like debt. You see, individuals and nations alike have … Continue reading
Economic Panacea Unveiled
According to Standard & Poor’s Ratings Service, California’s credit rating is at a “crossroads.” The new fiscal year will begin one week from today and there’s still no budget in place. “If a budget is not adopted in time for … Continue reading
Give Default A Chance
“Jove does not give all men their heart’s desire.” – Homer, The Iliad The Measures Are Killing Us Last week, following several shots of ouzo, the Greeks took to the streets of Athens. There, while attempting to surround Parliament, they … Continue reading
On Savages and Perpetual Infancy
Last Tuesday Federal Reserve Chairman Ben Bernanke said the economic recovery was “frustratingly slow.” By Wednesday the yield on the 10-Year Treasury Note had dropped below 3 percent. At the same time, stocks, oil, and gold were shellacked in unison. … Continue reading
