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Monthly Archives: September 2012
Who Needs Government? (The Middle Class does)
Next week, the presidential campaign debates are upon us. One of Mitt Romney’s staffers, Beth Myers, put out a memo framing the choice as follows: “The choice [is] between President Obama’s government-centric vision and Mitt Romney’s vision for an opportunity society … Continue reading
Posted in U.S. Politics
2 Comments
Risk On (Again)
The world has been zig-zagging between optimism (risk off) and pessimism (risk on) in the economic sphere for the last few years. Optimisim has usually been fueled by announcements and plans (e.g. hopes and promises) — announcements by the ECB … Continue reading
Posted in The Global Economy
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O-HI-O (again)
Two weeks ago, I argued that Obama would win Ohio and that would provide him the key to victory. Today, the polls have moved strongly in that direction. Why? Ohio Unemployment: August 2012 — 7.2% Columbus area unemployment (Largest metro … Continue reading
Posted in U.S. Politics
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Two nations, divided under God, in the U.S.A.
The fall-out from Romney’s false and distorted view of America as two nations, almost half of whom see themselves as victims and want government hand-outs, which the other half pays for, has obscured the fact that we ARE becoming two nations. The … Continue reading
Posted in U.S. Politics
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Romney joins Ferguson as a target
A few of weeks ago, I discussed the troubles that Niall Ferguson ran into from claiming that America had become a “50/50” nation — half the people working, the other half not paying taxes and collecting government benefits. I also noted … Continue reading
Posted in U.S. Politics
2 Comments
Islam in an Uproar
The events of the last week — killings in Benghazi, attack on US and allied installations throughout the world, a marked upswing in killing of US troops and trainers by Afghan police and army trainees — have been feeding the … Continue reading
Posted in The Middle East Revolts
8 Comments
What’s the Buzz, tell me what’s happening
The news cycle sometimes slows down, but this week was overwhelming. We got both German Constitutional Court Approval of EMS and QE3 from the Fed, plus pro-Euro results in the Dutch election (and the market zoomed up as I predicted … Continue reading
Posted in Uncategorized
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Don’t Fight the Fed
Debra Brown asks how I could post a warning for a Fall Surprise last week (a major market plunge), and then this week say that the market could be rising into the election — what changed? Ms. Brown is right — … Continue reading
Posted in The Global Economy, U.S. Politics
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O-Hi-O
Barack Obama’s re-election seems assured because of one decision and one state. No Republican candidate has won the presidency in modern times without winning Ohio. Not one. And the key to Republican victories in America in the last 30 years … Continue reading
Posted in Uncategorized
3 Comments
A Nice Day for the Democrats
The Democratic National Convention was a roaring success. Add to that the drop in the headline unemployment number from 8.3 to 8.1 percent this morning, and it looks like it will be a good month for the President. Of course, … Continue reading
Posted in Uncategorized
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NewPopulationBomb 