Time Odyssey

A journey into the weird.

Archive for the 'Economics' Category


I believe in this decade . . .

Monday, November 10th, 2008
Economics, Environment, Politics | No Comments »

Gore is back in the news with his latest attempt at pushing forward a green agenda. That beingĀ for the US to try for 100% renewable energy within 10 years. Yes yes – all well and good. However in the process he has cited this call as being similar to JFK’s call to put a man [...]

Buffett Buffet

Thursday, October 2nd, 2008
Economics, Politics | No Comments »

Warren Buffett has provided an interesting proposalĀ for the use of the Treasury moneys just recently passed by the US Congress and Senate. According to Buffett, allow people who do have funds available to invest to put up a 20% equity stake in the purchasing distressed assets with the Treasury providing the other 80%. In this [...]

NASA 2025

Tuesday, September 30th, 2008
Astronomy, Economics, Politics | No Comments »

CNN reports today about NASA’s mid-life crisis and the agency having lost its way. In truth I feel that the lack of vision is not characteristic of a failure on NASA’s part to develop strategic policy but rather a lack of vision on the part of America‘s top administration to recognize the value such contribution [...]

Asteroid 2007 TU24

Saturday, September 27th, 2008
Astronomy, Economics, Geology, Politics | No Comments »

So here is a scary thought: Asteroid 2007 TU24 was discovered on October 11, 2007 and it was only determined on January 24th, 2008 to not be a threat. What is the problem here? The closest approach to Earth of this object was calculated to be just 5 days later. Now I don’t know about [...]

The US’s Financial Chernobyl

Thursday, September 25th, 2008
Economics, Politics, Uncategorized | No Comments »

The US financial crisis is one of epic proportions. To understand it one needs to understand why and how money changes hands within a fairly complex system of exchanges To start we have the consumer with standard requirements for various types of debt instruments: mortgage, revolving credit, car loans, etc.. The consumer goes to the [...]

Economics of Poverty

Tuesday, September 16th, 2008
Economics, Philosophy, Politics | No Comments »

So I am listening to CBC radio today very briefly in the car and they have some speaker on Ontario Today who is advocating a whole series of social reforms from increasing the minimum wage to benefits for contract employees and a host of other social programs. On the right side of the fence we [...]