Category: Economics

The Achilles Heel of Capitalism

The Achilles Heel of Capitalism

What is the Achilles Heel of Capitalism?

a. Too big to fail

b. Too small to succeed

c. No due diligence, oversight and accountability

d. All of the above

Mutually Inclusive or Exclusive?

Is The Failure of Capitalism …Too Big To Fail?

If the failure of Capitalism is deep seated in “…too big to fail …” where is China on a scale of 1 to 10?

The U.S.has long promoted …if not flirted with too big to fail. Yet, in spite of the recent past’s intertwined financial catastrophes …the U.S.A. is still …reluctantly unwilling to demonstrate an ability to adequately exercise the sort of responsible constraints and policies necessary to fully come to grips with the realities and consequences still facing her in the wake of her failures …both in the here and now, as well as with many compounding issues which will extend out like an outstreched long hand …well into the future.

Like road bumps and pot holes; the catalysts of America’s most recent failures are …those which have produced some most revealing wake up calls.

The Trouble with Tribbles

For more posts …please visit:   www.geoblography.com Monday, September 26, 2011 The Trouble with Tribbles The trouble with Tribbles was there just were too many of those little parasitic suckers. […]

I’m Dreaming of A White Christmas

Deck the Halls of Congress with Bells of Folly …

Oh, the joys of Christmas …anxiously awaiting the toys which may be expected …or not. Regardless, the surprise …or the disappointment which lies in store …just might be a function of today’s haste …a spirit’s calls whose preparations just might be the foreshadowing of the past’s waste …that which has opened the door of the present only to beckon back the spirit of the past waste, no?

Go figure. Three years of waste …to move forward to today’s haste …to welcome further …still more waste?

You know they say; “…A stitch in time saves nine …”

Its corollary has been stated such that haste makes waste.

And this corollary can be stated simply, such that; waste makes for haste.

Like truths, when aptly applied …like geometry …these adages beg the following rather serious question.

Have the US fallen under these adage’s spells? Have they has netted the U.S. a return on Her investment which is (nine XXXXXXXX) nine times the haste of the last three years’ waste?

If so, today’s extra large sized (9X) net of haste must not be allowed to morph into the sea of a second merry-go-round of nine-squared worth’s (9X9) waste …the likes of which have come and gone over the last three years’ worth of wasted time, money and blind-sighted effort in neglect and lack of a more sure due-diligent aim and note-worthy purpose. (For whatever is the aim and purpose of socialism …other than to live to serve the fricking government….and that beyond “We the People …? Feed Me Seymour?)

9 X 9 = 81 times the waste …if, you know what I mean, yes?

And that all will most likely face a multiplier affect attributable to inflation …when and if the U.S. further opens the floodgates’ doors further.

The Rate of the Wait; The Cost of the Lost

The magnitude of the money required to service the interest costs generated by the public debt is stopping for no one.

With respect to its costs; the rate to wait has benefited no one save the administration which has not missed a beat in every opportunity to turn a blind eye on housing …while jabbing the financial sector in the eye with a sharp stick.

Once upon a time, not too long ago …I lived in Hungary at a time in which the rate of inflation was running at 33%. As high as that may have been …it was a promising time. People were full of hope and looking towards a brighter future. And as bleak as 79 % effective tax rates were, optimism was running rampant.

Unlike what we have here in the U.S.A. today, there and then …the velocity in the Hungarian market could only be characterized as torrential. Money was moving at an amazing spead. Opportunity was in the air.

However, here …overall broad spectrum inflation has not raised its ugly head here …now, primarily because velocity is anemically low …and whatever inflation currently exists has been rather limited to commodities in a low demand …low growth environment.

Know What I Mean Maynard?

  Know What I Mean Maynard?         Dear Vern, Do you recognize the following quote? “The market can remain irrational longer than you can stay solvent.” It […]

Field of Dreams – Build It & They Will Come

Field of Dreams

Build it And They Will Come

In light of Japan’s lost decade, why America would be inclined to invite the same?

Yet, moving away from the 08 burst of the housing bubble, what hope is there which would, could …and or should offer Americans any more reasonable hope that is tending to suggest that Washington hasn’t already opened the door to usher in another similar black-hole decade?

Who in their right mind would want to slog through another seven years …like those of the first three ….let alone suffer all the lost opportunity costs like those which Japan paid for in the darkness of Her recent past period.

In the wake of past three years of finger pointing, back biting and in-fighting …with each and every passing minute of every day …of each passing weeks and month, America must …at some point in time; get out of the bed and put both feet on the ground.

It has been bad enough to realize that America had been asleep as the housing bubble built the environment for what turned out to make for the perfect storm.

S&P Grade; Looking A Gift Horse In The Mouth

Friday evening, I was reading and listening to as many media resources …such as I could get my hands on …so as to get a grasp on the various media takes on the recent S&P downgrade of America’s Credit.

My take away from the deluge of the various news agencies offered me a unique and insightful view on number of wide-ranging variety of takes on this news moving forward.

After learning of this event; this is what I believe I found out in my approach to the media’s window

Harry Ried’s Game Let’s You And Him Fight

In consideration of all of Senator Reid’s digs and innuendos’ …his pat answers make no more than one gigantic piece of work …which is still not going to work for “…We the People …”

His scripted sound bytes have even gone as far as to suggest that former President Regan’s deficits bear a strong resemblance to today’s debt’s relative magnitude.

Bunk!

For one, to suggest such is to obviate …overlook and turn a blind eye to the fact that today …the health of the economy and the prevailing lack of confidence herein …only causes today’s deficits and prevailing economic malaise …to pale …when …and if …truth be told …is allowed to serve as a more sobering measure of a more truthful comparison.

Therein, the Senator’s drivel doesn’t make for a stable leg to stand on before making such broad sweeping comparisons …those whose logic and arguments are both untimely and can hold no water.

A cracked cistern can hold no water …such a cracked pot not withstanding.

Cut, Cap & Balance

In my humble opinion, there’s got to be a better way to safeguard fiscal sanity other than by putting a chastity belt around the federal government’s purse strings.

They put muzzles on mean wild dogs don’t they?

Horses and stagecoaches come equipped with reins, yes?

Recovery; It’s A Gas …Part 3

Should consumers despair that they …as of yet, still do not have the luxury to chose a commercially viable alternative at the pump?
Or should Americans take heart and stand up and celebrate the huge opportunity to make a call for a tremendous change …one which really would …should and will make a world wide world of difference for the betterment of consumers everywhere?
The choice is a no-brainer.
As such, for now …America (largely) has made no such choice to either stand nor make the call for such an alternative bridge fuel …in mass.
And, such as has been the case to date …this (non-call …at it were) has long stood to produce an advantage whose single most dominant luxury is being enjoyed (…like no other position can afford) …by one single segment …of an industry group …one which is comprised by a handful of rather lucky dominant oil exporters.