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Category Archives: Politics
Even Death Won’t Save Us
Rubbernecking at the economic train wreck of central planners is not without hazard. A strained collar and dry eyes, for instance, are common perils. So, too, is the lasting grimace of disbelief that comes with the rollout of each zany … Continue reading
Posted in MN Gordon, Politics
Tagged central planning, henry paulson, interest rate, neel kashkari, tarp
6 Comments
The Cure is Worse than the Disease
Today we look back to the recent past with singleness of purpose. Context and edification for the present economy is what we’re after. We have questions… How come the recovery has been so weak? Why is it that, nearly seven … Continue reading
Posted in MN Gordon, Politics
Tagged aig, bailouts, dick fuld, financial engineering, jim bunning, tarp
5 Comments
Double Whammy Economics
What’s up with the U.S. consumer? They seem to have come to their senses at the worst possible time. They can no longer be counted on to push economic growth up and to the right. Specifically, they’re not spending money … Continue reading
Posted in MN Gordon, Politics
Tagged consumer spending, larry fink, nirp, saving, treasury yields
3 Comments
No Free Lunches Be Damned
“There ain’t no such thing as a free lunch,” is one of the essential axioms of economics. No doubt about it, there’s no getting around this simple truth. Everything has a price. For example, even if someone buys you lunch … Continue reading
Posted in MN Gordon, Politics
Tagged european central bank, interest rate, mario draghi, nirp, no such thing as a free lunch
7 Comments