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Keynesian Economics: Is It What We Need?

As an economics simpleton, I’m merely attempting to wrap my head around the concepts of macro economics. With the absolutely crippling effects of the S&P downgrade and the stock market plummet, I thought now would be a good time to look at what should be done and to pose the question, is more debt the way out of the hole? Did Keynes have it right and has the fiscal policy of the U.S. been absolutely absurd since the mid 70’s? Let me know because I don’t the right answer. Read the Rest of the Article

Posted in Theory | 1 Comment

Toasting Tea to the Death of America!

It has finally happened. Years of Republican extremist ranting, in combination with an increasingly dysfunctional government, has spawned a far right extremist party that is now holding our country hostage in the debt levels debate, and threatening to drag our entire country, and likely the world, into chaos and ruin all for the sake of broken ideologies and misguided policies. Read the Rest of the Article

Posted in Uncategorized | 3 Comments

Generation Screwed?

Forget Generation X, Y, and Z. Should the youngest generations be labeled “Generation Screwed”? With the federal deficit sky-rocketing, the economy stalled, social services being slashed left and right, and a GOP that still refuses to raise the tax rate for America’s wealthiest, will the youngest generations in the United States be forced to bear the burden of decades of national mismanagement? Read the Rest of the Article

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Hostage Situation

Is it time to panic yet? Probably. Krugman says we need to spend more; everyone on the right says we need to cut all spending. Who knows? But there is something that we can all agree on. If we don’t raise the debt ceiling, it’s going to collapse right onto our heads. And with this in mind, why aren’t we? This answer is simple. Politics. Read the Rest of the Article

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The Euro is DEAD!

Time to face reality. The Euro’s days are numbered. It might not today, or tomorrow, or even this year but at some point in the not so distant future, the Euro will be shelved and most countries will go back to a national currency. A preposterous claim in the face of the many politicians, money managers, financial leaders, economists, and everyone else who hoped on the Euro-bandwagon all those years ago. But let’s not forget, these are also many of the same people who brushed off the idea of a financial crisis in 2007-2008, and still fail to see that the currently designed globalization system isn’t benefiting everyone (or even “most everyone.”) Read the Rest of the Article

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Violence Is Obsolete!

You read the title, and you read it right, violence is obsolete. Not all violence in all situations, of course, but violence as a top-down means of control is going the way for the eight track and Atari. Clear out another corner in the shed, violence will be looking for a place to nestle up and gather dust. Looking for proof? Take the U.S. wars in Iraq and Afghanistan, the fall of Murabak in Egypt, the revolutions in Tunisia, and every other faucet of the “Arab Spring.” Read the Rest of the Article

Posted in Uncategorized | 3 Comments

Irony, Middle East Style

In a recent Pew survey of Middle Eastern counties that are considered moderately to very pro-U.S. (Egypt, Saudi Arabia, etc.), they found that even with Obama’s “reset” strategy, current U.S. approval ratings are now at an even lower level than they were during the final year of the Bush administration. Given the rise of the Arab Spring and the people who brought it about, it isn’t surprising. The Obama administration has made it easier to name the counties we aren’t bombing than the ones we are. Read the Rest of the Article

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Is the U.S. at Risk of a Double Dip?

The economy has stagnated, no one can argue against that. With a slowing growth rate, and fewer and fewer jobs being added it’s obvious that we are in for a slow and painful recovery, at best. And keep in mind, that is at best. With the current financial crisis threatening to spread through Europe and disrupt global trade, the approaching deadline for unemployment which has been injecting billions of dollars in consumer spending into our economy, and the threat of major budget cuts Read the Rest of the Article

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The Pakistan Problem

The United States has a problem. And that problem goes by the name of Pakistan. As corrupt and as backwards as a country can get, with human rights violations, terrorism, an on-going civil war, a broken economy, natural disasters, and every other problem one could imagine, Pakistan would be in the running for the “Hell on Earth” award. This isn’t to say that there are not millions of perfectly wonderful Pakistanis, indeed there are and many of them suffer at the hands of corruption, extremism, and everything else. Read the Rest of the Article

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