Taxmageddon Only Part of the Problem

by Bob Adelmann | 10:44 am, November 4, 2012

Considering the precarious position the country is in, it’s amazing that Congress looks like it’s going to do everything it can to put off into the future – punt, kick the can, whatever you choose – to avoid making any hard decisions today. I agree with Mark Twain.

Are you better off than you were four years ago?

by Brian T. Schwartz | 10:01 pm, November 1, 2012

On Saturday, October 20,  The Boulder Daily Camera published my answer to this question: Am I better off financially?  No.  My income is lower, while living expenses have increased. I’m not alone. For each state, the Washington Post graphed trends of inflation-adjusted median household income between 2007 and 2011.  During this time, Colorado’s median household [...]

Preliminary GDP Report a Nasty October Surprise

by Bob Adelmann | 6:37 am, October 30, 2012

I didn’t mention that a lot of the GDP growth came from government spending. Gee, I wonder if that had anything to do with the election? Probably just a coincidence.

The Trouble with Outright Monetary Transactions

by Bob Adelmann | 6:37 am, October 29, 2012

It’s a game, a charade. Even if the central bank’s president lies through his teeth, his audience believes him anyway. Is there no one there to exclaim: “The emperor is naked!”?

Layoffs Hit New High

by Bob Adelmann | 11:04 am, October 28, 2012

Bloomberg’s Chris Burritt reviewed the carnage on Wednesday: Ford is closing a car-assembly plant (the first one in ten years for the car-maker, with rumors of a second closing in early 2013), while Dow Chemical, DuPont and Advanced Micro Devices (AMD) have laid off 5,500 workers since the first of the year. Since September 1st, North [...]

Fiscal Cliff, Fiscal Gap, Lame Duck Congress

by Bob Adelmann | 8:31 am, October 25, 2012

There are none so blind as those who refuse to see.

Seeing Stars: Petty Tyrants

by Randall Smith | 6:00 am, July 27, 2012

Don’t you just love all this manufactured outrage over Chick-Fil-A? I mean, it’s not as if the owner’s views are new. He’s been speaking out in favor of traditional marriage for some time.

I have to admit, though, that I’ve been amused by the petty t…

Seeing Stars: Obama Fails Civics

by Randall Smith | 6:00 am, April 3, 2012

President Barack Obama claimed to have taught Constitutional law. There’s even some evidence that he did so but you wouldn’t know it based on his comments yesterday. He has either forgot or has chosen to ignore the purpose of the Supreme Court i.e., to…

Budget Deadlock, Despite House Passage of Ryan Plan

by Bob Adelmann | 4:26 am, April 3, 2012

Two things are apparent: few in Washington are serious about reining in government spending, and those who are are missing the point. It’s not making the government more efficient, it’s getting government out of where it doesn’t belong that is the real issue.

Speech: Bernanke Fails at Transparency, Rails at Gold Standard

by Bob Adelmann | 1:00 am, March 28, 2012

It’s clear what’s happening here. This is an admission that the Fed is under withering continuing attack and this is a feeble attempt to respond. The slide show is laughable. I take great comfort, as noted in the article, that no matter what the Fed does, it exposes itself as the fraudulent entity that it really is.

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