Capitalism destoyed the American family

I run into many people who live apart from their family and where they grew up.  Lot’s of people face the challenges of caring for their aging parents while living in another place.  Young parents don’t have family nearby to help them with childrearing.  I remember when I was young that my Aunts and Uncles … Read more

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US Tax Revenues

I saw a post from one of my friends the other day, talking about relief for individual taxpayers.  I found the following graph on Wikipedia which shows the percentage of tax revenues from various sources.  It’s interesting the taxes from individuals have remained relatively flat at 40% over the past 60 years.  Tax receipts from … Read more

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Don’t blame the 47%

I found the latest ‘gaff’ by republican candidate for president Mitt Romney so misleading that I have to write about it.  This is typical republican rhetoric making ordinary American citizens the scapegoats for the problems in America. I wonder if Mr. Romney would care to comment on the millions of dollars in agriculture subsidies that … Read more

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European Bank Stocks Rally – Why not?

I saw this article in the Financial Times and I had to comment.  There was a big rally in European Bank stocks in January.  http://on.ft.com/xuvEpq Why shouldn’t European Banks rally?  They are getting practically free money in the form of low interest loans from the European Central Bank as part of an unlimited three year … Read more

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PM Criticizes EU

I think the UK Prime Minister should turn his attention to fixing the problems in the UK and let the Eurozone leaders work on sorting out the problems with the Euro. Read the article here: http://bit.ly/xdDHuT He already created enough problems when he vetoed a proprosal for more financial rigor within the Eurozone at last months … Read more

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We Need More Financial Sector Regulation

I read an editorial in The Economist about the recent “Occupy Wall Street” movement.  I find it interesting that the author took the liberty of editorializing about several symptoms of the 2008 financial crises without adequately addressing the cause. The author talks about the need for more economic stimulus to get people back to work … Read more

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A multi-party political system represents the people

How much longer should the U.S.A. struggle with the two party system, i.e. Democrat or Republican? I hope that people will look beyond their borders and take a look at what’s happening in Germany, France, and the United Kingdom.  The multi-party political systems in these countries sometimes make it necessary to form a coalition government. … Read more

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