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Debt Ceiling – the Real Issues

The failure to raise the debt ceiling would not be negative regarding the creditworthiness of the US. It would signal that politics is becoming so intractable that...

Kansas, Nebraska and Louisiana Eliminating Income Tax

Republican governors of Kansas, Nebraska and Louisiana are pushing to eliminate personal and corporate income taxes. While the Marxists/Socialist like Paul Krugman...

Here We go Again – Hypreinflation

I really do not understand why people insist that HYPERINFLATION must take place. That ASSUMES government will print to meet its unfunded obligations rather than...

Japan’s New Foreign Policy & USA’s Arrogance

After decades of self-imposed pacifism and dependence upon the United States, Japan is beginning to carve out a new role in regional maritime affairs. Newly elected...

Star Trek Tractor Beams Are Here – Schumpeter Next Wave of Innovation?

Star Trek is here. One of the explanations behind the long wave in the business cycle was put forth by Schumpeter. He argued that a new technology appears and...

Gun Shows Exploding in Attendance

Well Obama did it. Gun shows and sales are soaring. When Katrina hit, there was no rule of law. People had to protect their own property from criminals who if Obama...

Refinancing Your Mortgage

Anyone looking to lower your interest rate on a fixed mortgage had better start now. The paper work required by banks is currently insane and the pendulum has swung...

Politics – Who will Be Blamed

A reader commented: “Since the debt melt down will happen after Obama leaves office in 2016. He will get off scott free of any blame.” That is NOT...

Clarifying the Dow

2014 is the next big turning point. That means we either get a high or a low, We did NOT achieve a Yearly Bullish Reversal at the end of 2012. We need a monthly...

How Taxation in Japan forced Abandonment of Property & Feudalism

Winston Churchill made the point clear: “I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to...