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Larry Kudlow is Still an Idiot
One Loonie fell today, and another rose. The Canadian “Loonie” tested 2018 lows against the dollar when existing Canadian home sales crashed to their lowest in five years. On the same day Loony Larry Kudlow rose to a new chief position at the White House, more than justifying recirculation of the following article:
Trump’s Mirage of Spending Cuts Will Make America’s Collapse Great
In the first debate, Hillary Clinton called Trump’s tax plan “trumped-up, trickle-down” economics. It’s the one thing that came out of her mouth that I had to entirely agree with. Many others are saying it, too: New analysis from a nonpartisan group finds that Donald Trump’s latest tax proposals would increase the federal debt […]
Trump Tax Plan Turns the Donald into Trickle-Down King
If George Bush Senior thought Reaganomics was “voodoo economics,” he’d think the Trump tax plan was its kachina doll, and if GB Minor had been smoking weed while popping magic mushrooms when he made his eponymous tax cuts, the Bush Tax Cuts might have come out looking like the Wall-Street tax Fantasia that Trump’s peeps have brewed up — a […]
Trump: Trojan Horse for the Establishment or Mighty Mouth for Mankind?
I crave the opportunity to see an anti-establishment candidate win the election. I would exult in seeing our corrupt establishment shattered. So, while I do not like Trump the man (as it would appear he has never done anything that didn’t entirely serve his own self-interest and pompous ego), I have thoroughly enjoyed seeing him upset establishment Republicans and establishment […]
When Investor Billionaire Warren Buffet Begs for Capital Gains Tax Increase, Can Republicans be Right?
How can Republicans still believe a capital gains tax increase will hurt investment and jobs when the world’s most successful, multi-billionaire, investment advisor begs to differ? Republicans may stand on the right side of the aisle, but they certainly do not stand on the right side of the argument when it comes to ending the […]
Do Higher Taxes Raise More Money? (What about them Bush Tax Cuts?)
Here’s a brain game for you: Before reading this article, watch this short video and see if you can figure out on your own why the narrator, who pretends to be an honest broker of pure mathematical fact, is completely wrong and dishonest in the claim he makes at the end of the video. This […]
Republicans Have Become the Failing Power Grid of America
Watching the aftermath of hurricane Sandy, I found myself repeating something I’ve complained about for decades. I watched the tired story of millions of people living in dark because of power lines being whipped about in a storm. What a metaphor that is for how truly in-the-dark America has become. I listened to stories of […]
Deficits, Debts and Democrats vs Republicans — US national debt in graphs by year and president
As you read this article on Democrats vs Republicans when it comes to who did better or worse with the U.S. national debt, bear in mind that I am an independent voter. I cast my virgin vote for Ronald Reagan. I voted for President George II … but only the first time! After installing Bush […]
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 […]
Bushwhacked by the Bush Tax Cuts for the Rich
“Tax the Rich, Tax the Rich!” cry the protestors who occupy Wall Street. Overwhelming social disparity lies at the heart of their cries. Democrats want to correct that inequity by adding more taxes to the rich while conservatives protest against taxing the rich. The result is an impasse in the U.S. when it comes to solving its budget […]
