gop-party-of-no

Obstructionism works

Perhaps the Democrats will be able to avoid losing the Senate tomorrow. I hope so, because if they don’t, we are in for a terrible two years. (Although I think we will probably be in good shape for a better four years following that.) But even if the Democrats hold on in the Senate, things…

FergusonMO-B01

Ferguson: It’s time to stop studying, already

The St. Louis Post-Dispatch recently published an editorial titled, “A defining moment.” The editorial states that by creating a Ferguson Commission,,Missouri Gov. Jay Nixon “has set the table for important, potentially groundbreaking conversations.” The governor says that the commission “will need to be led by the region’s great academic institutions, by professionals who will let…

Traders-in-New-York-011

Why is the stock market soaring when the real economy is on its knees?

The short answer is the Fed has been propping up the stock market. And, high stock prices are not always tethered to traditional methods of stock valuation, like productivity, price, earnings, growth—all those “fundamentals” you learn about in the “Investing for Dummies” book. The market has become a highly manipulated gambling casino for the elite, where bank…