Three years ago I had said that we were in the opening engagements leading to the next global war. Specifically, I mentioned that It is not going to be fought over territory, or politics, or religion. It will be an economic war, a cultural war, a global war, and one in which the civil populations [...]
Moody’s stepped into the deficit debate today by suggesting that the US should get rid of the debt ceiling altogether. This suggestion makes some sense but isn’t exactly the best mechanism for determining what the debt ceiling should be at any given time. For example, during World War II, the debt in the US spiralled [...]
Cheap solutions are not necessarily the best solutions especially when the problem trying to be solved is mired in the complexity of the human condition. I refer to all of these shenanigans going on with News Corp. The general population has a right to be angry about what has been going on. However the rash [...]
The problem with the folks in Washington is that they think small. Especially they are all about me – me me me me me. In order to fix this deficit crisis, they have to start changing the way they think from “Me” to “We”. I would like to put forward what I call the 5% [...]
As a Government there are a ton of little things that can be done in an economy that don’t involve increases in taxation. Simply the threat of imposed legislation is usually enough to spur large corporations to actions. And while the immediate threat knee jerk reaction is to claim foul, the end results can be [...]
One of the most back-asswards aspects of democratic systems is the legal system. Especially when dealing with issues related to intellectual property and copyright. Most everyone is familiar with the Digital Millennium Copyright Act and how big media (record labels, film, and print) use this device in order to strong arm people who are simply [...]