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A Davos Parable

Cirrus clouds wavered overhead like a circus big top billowing in a summer breeze. Sunlight filtered through, making it a warm, hazy afternoon for the kaleidoscopic disarray of people jumbled on the fairgrounds. A large banner that read “The World’s Fair or Bust” rippled above the ground and flapped in the breeze. Small groups of […]

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Liberals Scared to Death by Their Own Caricature of Trumpettes

  Everyone must stop saying they are “stunned” and “shocked.” What you mean to say is that you were in a bubble and weren’t paying attention to your fellow Americans and their despair. YEARS of being neglected by both parties, the anger and the need for revenge against the system only grew. Along came a […]

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Professional Stupid-People Consultant: A Personal Perspective on Why Corporate Culture is in Decline

I’m working on a new Linked-in profile and wanted to get your thoughts on it. I’m sure others have similar experience in the decline of corporate culture to share here, too. If I wanted to stay employed in the current corporate climate, I’d update my profile as follows to make it fit what corporations are […]

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Who is Responsible for Creating America’s National Debt?

In my last article, I described how Republicans and Democrats have equally contributed to America’s national debt AND to our economic crisis. That raised a lot of ire from some people on some blogs, and I’m fine with that because anger is always the response when you try to break through denial, especially mass denial. […]

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How to create sustainable economic recovery

It should be coming clear that economic recovery has evaded us. If you’re not seeing that just yet, your illusion of recovery will dissolve quickly this fall, just as I’ve said it would. Nothing the Federal Reserve has done has created recovery because it was never possible that such simplistic stimulus — made to appear […]

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The Obama Economic Recovery in Nine Easy Images

If you refuse to blame the Obama administration for the “economic recovery” pictured in these charts, then you’re just a Democrat protecting your own ideology. If, on the other hand, you refuse to blame the Republican congress, you’re just a Republican protecting your own ideology. Either way, you are part of the problem. You are […]

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What a Property Manager job description REALLY means

The following is a job description for a property manager position found in a real job announcement (association name changed to protect those who are not actually innocent). Based on my experience, here is what job descriptions like this actually mean [brackets are my helpful, guiding comments]. Property Manager Job Description for General Manager Our General Manager leads […]

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An economic plan that might have brought recovery from depression

Anyone can criticize while having no better ideas.  In fact, I would argue that, if you cannot put forward reasonable alternatives, you might not be qualified to criticize those who are, at least, trying something. In that spirit, I want to scope out a new economic recovery program vastly different from the economic plan the U.S. adopted […]

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Why I make economic predictions, and why I smell like a bear and brag about it

Some people predict the economy is going down in order to sell gold. I call them the “gold bears.” Others make economic predictions as a way of guiding people in their stock or bond investments. They are the golden calves of the Wall Street bull. I have completely different agenda than either. The gold bears […]

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The Fundamentals of Economic Failure

Whether right in predicting a plunge in October or not, I am confident that the economy is not in recovery in spite of the convulsions of last week’s stock market. Not even a little bit in recovery. The U.S. economy is merely shored up with additional rotten wood. The original rot in the floor is as […]

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Consumer Spending Returns to Old Deficit Habits

Not all the news was Greek. The U.S. consumer spending report this week showed that consumer spending is up even though consumer confidence is at its lowest point in two and a half years. GDP supposedly returned to pre-recession levels, too. That came with the caveat from Paul Ashworth, an economist at Capital Economics, that the rise […]

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Larry Summers Wants to Fix the Economy, but You Can’t Fix Stupid

Apparently, experts never learn. Larry Summers writes: “The central irony of financial crisis is that while it is caused by too much confidence, too much borrowing and lending and too much spending, it can only be resolved with more confidence, more borrowing and lending, and more spending.” (The Financial Post) What he really means is […]

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Why the Government Says The Great Recession Ended When it Never Did … and Why the Press Doesn’t Get it

In the statement below, CNBC (Reuters actually) tells us in one breath that we’re worse off than we’ve been in 28 years, but in the next breath, they tell us the recession ended two years ago. How does it not occur to them to ask, “If the Great Recession ended two years ago, why are […]

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Saving Capitalists from Capitalism

The main reason this depression is being talked about now as a “second recession” is that the governments of this world propped up the initial phase of this global depression with all the cash they could manufacture — more cash than has ever been pumped into the U.S. economy at any time in history. Thus, […]

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