Category Archives: Politics

Newt Gingrich Gets A Christmas Sermon

Newt Gingrich is awakened, like Abou Ben Adhem, from a deep dream. It’s 5:00 am on Christmas Day – he peers around in the darkness. He senses it – there’s a supernatural kind of presence in the room. “Who’s there?” … Continue reading

Posted in Christmas, Current Events, Politics | 11 Comments

Going for Broke. Our Ponzi Economy.

How do bad deals, such as subprime lending, become good deals with some financial engineering? Let’s do a thought experiment, with 3 hypothetical deals. Deal #1: Here’s the deal: You invest $100 with me. I’ll pay you $110 at the … Continue reading

Posted in Current Events, Money, Politics | 4 Comments

Financial Armageddon – Our Slippery Slope

The stock markets fell across the world today. We saw the biggest two-day decline in the S&P 500 since 2008, and the S&P 500 Index itself is at a twelve month low. Europe is teetering and it’s not just Greece … Continue reading

Posted in Current Events, Money, Politics | 9 Comments

The Eight Billion Habitable Planets in our Galaxy

Growing up in India I remember it was hot in summer and, having no air-conditioning, we often slept on the roof of our house. I would spend endless hours staring at the brilliantly lit night sky and marvel at all … Continue reading

Posted in Cosmology, Current Events, Money, Politics, Science | 11 Comments

How to Pay for the Jobs Bill

Around 1935, President Roosevelt, faced with the depth of the Great Depression, created a Jobs and Social Security Program to stabilize the American economy. He introduced some bold new initiatives: Social Security Public Works Administration Federal Deposit Insurance Corporation Rural … Continue reading

Posted in Money, Politics | 13 Comments

The Radical Right’s “American Exceptionalism”

One of the distinguishing features of Gorge Orwell’s dystopian classic, 1984, was the minimization and distortion of  language. So bondage and tyranny were called “liberation”, blatant propaganda was spread by the “Ministry of Truth”, War was waged by the  “Ministry … Continue reading

Posted in Politics, Uncategorized | 1 Comment

Are Taxes too High?

I received a very informative link to ten telling charts about U.S. taxes, from my friend Ashok Chandra that I wish to share. Our taxes are the lowest they have been since 1950! Corporate taxes have been falling precipitously for … Continue reading

Posted in Money, Politics, Uncategorized | Leave a comment

America Downgrades Itself!

Yesterday the inevitable happened. S&P downgraded U.S. debt from AAA to AA+. It was a stunning case of self-inflicted pain by a dangerously dysfunctional government. They were ably aided by a media that is incapable of analysis and perspective, so … Continue reading

Posted in Money, Politics, Uncategorized | 2 Comments