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Tag Archives: government meddling
When the Voters Get Whacked Again
Yesterday, at opening bell, stocks paused for a moment and then barfed all over themselves. After that, they did it again…and again. When it was over the DOW had plunged 512 points and Wall Street had fully freaked out. Is … Continue reading
Posted in Economy, MN Gordon
Tagged ben bernanke, collapse, DOW, government meddling, jobs, monetizing debt
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Admit Defeat of the Social Utopia
Production is the End “The economic goal of any nation, as of any individual, is to get the greatest results with the least effort. The whole economic progress of mankind has consisted in getting more production with the same labor,” … Continue reading
Posted in Economy, MN Gordon
Tagged debt ceiling, GDP, government meddling, labor department
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Europe Doubles Down on Greek Bailout
Hot dry Santa Ana winds blow from the east across the California desert every fall. They rip and roar their way over and down the mountain passes and rumble their way across the vast Los Angeles basin, pushing the smog … Continue reading
Posted in Economy, MN Gordon
Tagged collapse, euro, government action, government meddling, PIIGS
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Broken Promises Broken Dreams
White House and Congressional efforts to reach a Grand Bargain are merely a distraction. The basis for such a bargain – reduce spending so the debt limit can be raised – is fraud and folderol. Nothing that we’ve seen suggests … Continue reading
Posted in Government Debt, MN Gordon
Tagged debt ceiling, government action, government meddling, thinking
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