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Markets
David’s weekly update on the financial markets and economy
After twelve consecutive months of telling the Wall Street firms that (a) They need to lend more, and (b) They need to lend more, and (c) The only way to fix the economy is for Wall Street to lend more, President Obama has proposed a plan to punish firms that participated in the “too big ...read this post
I am awake so early in the morning every day that sometimes I think I must be seeing or hearing things that are outside of reality. I think I am pretty adjusted to my early wake-up bell, but when you wake-up to a news announcement that “Barack Obama has received the Nobel Peace Prize ...read this post
“Okay ladies and gentlemen, I have flown across the world here to Copenhagen, and I will make this quick for you. I love being here, and even if you go against my wishes tomorrow, this trip will not be in vain. There is nothing I need more than to see Scandinavian socio-political ...read this post
I subscribe to the view that President Obama is in a true economic pickle, one in which out-of-control deficits are simply unsustainable, and will require forceful action. The economic pickle lies in how he addresses the deficits: Cut spending, and guarantee that you will receive the wrath of anyone and everyone affected by a ...read this post
It goes without saying that the fields of Logic and Critical Thinking are not big priorities in our present educational system. I do not believe that many people are familiar with the fallacy known as post hoc, ergo propter hoc, but I am declaring now that American society is about to see the most ...read this post