Browsing All Posts filed under »Business«

A Lesson From The Not So Distant Past

January 4, 2011

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This is Rudolf Havenstein. The name probably means nothing to most people. However, during the hyper-inflation in Germany that commenced after WWI.,  this man was the President of the German Central Banking System.  He held essentially the same position that Ben Bernanke holds in the U.S. today.   When Germany needed more money to fight WWI. […]

Obama’s Plan For Financing Healthcare

December 5, 2010

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This is not an idea that is original to the President.   This method is frequently used by State and Local Government to finance Public Education and the building of  “Roads to Nowhere”.     Thanks to Rube Goldberg for his on target assessment of the arcane and Byzantine methods that politicians come up with to  make people […]

The Federal Reserve and the road to Hyper-Inflation

October 18, 2010

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It seems to be a foregone conclusion that Fed Chairman Ben Bernanke will push for another round of Quantitative Easing (Printing more money) sometime after Nov. 3rd.    The Fed seems to think that the risk of unleashing future hyper-inflation is better than allowing the markets to take care of  the Nations current financial woes in […]

National Policy Choices And An Uninformed Majority

June 9, 2010

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Recently Zogby International conducted a survey to measure which group of voters were more knowledgeable about the economic policy choices facing the United States.  Those questioned were asked if they considered themselves to be Liberal, Moderate or Conservative. They were also asked their political affiliation or party choice either Democrat, Republican or Independent. They were […]

Ford Announces It Will Discontinue Mercury

June 3, 2010

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One of the saddest days in American automobile manufacturing history occurred this week as Ford Motor Company has announced plans to drop its Mercury line.  Maybe its just nostalgia on my part that makes this news so sad. The Mercury line has not been profitable for many years, but back in the early and mid […]