SUPPLY SIDE VS KEYNESIAN DEMANDS In the first parts of this series, I’ve described for you the difference between “Free Market” Capitalism and the type of Government Regulated “Capitalism” that we have today. So why hasn’t “Capitalism” worked? After all, don’t our Politicians ALWAYS make a big deal about how they want the economy to [...]
Filed under: Finance/Economy by T. Edwin Perry
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I was at a Christmas Party Friday night (no, it was not a “Holiday” Party” – you could tell by the decorations), and, after an offhand crack about Socialism by Yours Truly, a friend asked this question: “Which would you prefer: Fascism or Socialism?” His argument was that we are currently living in a Fascist [...]
Filed under: Finance/Economy, Miscellaneous, Politics by T. Edwin Perry
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Two kids are standing on the playground. The first kid dares the other one to hang upside down by one leg from the monkey bars. The second kid dares him back. The first kid double-dares him. The second kid double-dog-dares him. The first kid asks if the other one is scared. The second kid calls [...]
Filed under: Finance/Economy, Politics by T. Edwin Perry
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“Pass This Bill Right Away.” When I last posted about the President’s “American Jobs Act,” this was the crux of his argument, that Congress needed to pass this bill right away, and that the population needed to contact their Representatives to tell them to do just that. Not to read it, not to discuss it, [...]
Filed under: Miscellaneous, Politics by T. Edwin Perry
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“You should pass this bill right away.” Seven little words. If there’s anything to be taken from the President’s speech on September 8, 2011, it is this little phrase, and the very clear pressure that it represents. Throughout the President’s speech, the urgency of passing the “American Jobs Act” as quickly as possible has been [...]
Filed under: Finance/Economy, Miscellaneous, Politics by T. Edwin Perry
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President Obama is at it again. Now, I know what you’re thinking: “Todd’s going to slam the President for being an idiot…AGAIN,” and I suppose you’re right. Even President Obama’s SUPPORTERS are getting fed up with him (as evidenced by the audience’s reaction to Rep. Maxine Waters and the Congressional Black Caucus regarding criticizing President [...]
Filed under: Finance/Economy, Politics by T. Edwin Perry
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On July 25, President Barack Obama & Speaker of the House John Boehner went “Head to Head” in “Back to Back” speeches about the ongoing Debt Crisis. As a huge surprise to everyone, nothing new was said. Both stuck to their talking points, neither offered anything new or different than they had discussed before, and [...]
Filed under: Finance/Economy, Politics by T. Edwin Perry
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Time keeps on slippin’…slippin’…slippin…and, apparently, Congress and the President have made absolutely no headway into dealing with the whole Debt Ceiling/Budget Crisis that could mean that, within just two weeks, Social Security Beneficiaries may not get their checks, the military may not get paid, and the entire economy may collapse. Well, at least that’s what [...]
Filed under: Finance/Economy, Politics by T. Edwin Perry
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