Posted in Economics on November 24th, 2009 No Comments »
Today I was faced with the age old question: Is this guy lying, exaggerating, or telling the truth?
You see, I went to an asbestos awareness training. I have gone through this training a number of times before. Normally my biggest challenge is staying awake.
This time it was different. The presenter was good at his job [...]
Posted in Economics on November 23rd, 2009 No Comments »
Today I wrote this comment on one of Felix’s blog posts….
Felix,
Are you comparing apples to oranges?
As I understand it, you are comparing the federal debt in the US to the average national debt in the EU. On the face of it, this would seem to be a fair comparison. But I am under the [...]
Posted in Economics on November 14th, 2009 No Comments »
Today I hear a rumble. I see everything starting to shift. I think there is an earthquake coming.
Words that should scare you…
As of July 2009, California’s budget shortfall was 49.3% of its general funds. States have considered drastic options to fill such gaps.
“I looked as hard as I could at how states could declare [...]
Posted in Economics, Life, Politics on November 5th, 2009 No Comments »
Today I was discussing with someone why I will never make a really good tradesman. I said that all the really good tradesmen that I know spend a lot of their free time making or fixing things. It’s the thing that they enjoy doing more than anything else. Their idea of variety is to fix [...]
Posted in Economics, Politics on October 22nd, 2009 No Comments »
Today I wrote this in answer to a comment on my post…
To be honest, I do not believe most of the things that I argued in the above post. Truth be told, I would never seriously argue about equality at all. I only wrote the post for the fun of playing devil’s advocate.
To me it [...]
Posted in Economics, Life on October 14th, 2009 No Comments »
Today I read a post on Naked Capitalism that commented on a recent New York Times article on how even those in American with jobs are facing pay cuts. Yves Smith (the blogger behind Naked Capitalism) used that article as a spring board to argue that Americans put to much focus on careers at the [...]
Posted in Economics on September 29th, 2009 No Comments »
Today I wanted to write more on what I wrote about yesterday. But I don’t know that I will be able to to. I fought with a headache all day and I need to be going to bed. Not the best state to be in when one tries to explain rather dry economic data.
Most of [...]
Posted in Economics on September 28th, 2009 1 Comment »
Yesterday I dug into some economic source data for the first time in a long time. The initial impetus came from the need to revisit the post where I predicted what the nominal return on a 5 year treasury bond would be in a year’s time. Since the year was up last week, I figured [...]
Posted in Economics on December 7th, 2008 1 Comment »
Over at the Marginal Revolution, I got involved in a discussion about Obama’s stimulus plan. It got a little out of hand on my end.
I don’t have much use for Keynesian economic views. I still hold to views that I laid out here, although I would hope that if I had to write them [...]
Posted in Economics on October 13th, 2008 1 Comment »
The Dow was up almost a 1,000 points today. Governments around the world have guaranteed with their lives that there will be no more problems. And I mean that in the most literal way possible. The sums that European Governments have thrown at the problem are out of this world. From Brad Setser….
The US and [...]