Meaningless Rhetoric over Currency Manipulation

Here’s an interesting article that raises the issue of China manipulating it’s currency to keep it artificially low against the US dollar.  http://yhoo.it/qnGI4r Who benefits from this favorable exchange rate?  US Corporations.  When we talk about the loss of jobs in America, who made the decision to source goods offshore and caused the loss of … Read more

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Mixed Message – Can you spell R-E-C-E-S-S-I-O-N?

I just came across this post and I just had to laugh.  In the post they state that economists now feel that the U.S.A. my be entering another recession.  Entering?  We’ve been in a recession for the past 3 years.  The focus of the article was the sharp decline in the DOW Jones Industrial Average … Read more

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Don’t Let Government Break the Trade Unions

Break the unions and you break the middle class.  The British government was making plans to undermine the Miners Union during the 1985 strike even before the strike ended.  Read it here: http://bit.ly/pwv2NC Another article claims that Margaret Thatcher didn’t break the trade unions, it was caused by globalization.  Read it the counterpoint here:  http://tgr.ph/oEobPv When … Read more

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Wrong Thinking Republicans

President Barack Obama is criticized for increasing the National Debt and he certainly bears some responsibility for the deficits during his term in office.  However, take a look at the data and you’ll see that the policies of the George W. Bush administration increased the National Debt by 27.8%.  And I believe if you really … Read more

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Should David Cameron Resign?

Here’s a link to a short article from The Economist.  http://econ.st/qXZd6s How well can he distance himself from his former media advisor from 2007 to 2011 Andy Coulson?  It sure looks like News International had lots of access to the British government at all levels.  We know what was in it for News International, but … Read more

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A Shot Across the Bow

The decision to release oil from the strategic petroleum reserve is a shot across the bow of OPEC.  Remember the first shot is a warning, the next?  Well your guess is a good as mine.  I think it’s clear that the U.S.A. will do whatever it takes to preserve their “auto-eccentric” lifestyle.  Here’s a link … Read more

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