Category Archives: Politics & Economy

It’s The Lack of Jobs, Stupid!

A General Systems Law: Complex systems such as economies go through cycles of peaks and valleys. A Rule for Good Government: Governments should increase their spending when the economy is faltering and should cut their spending when the economy is booming. The boom periods would be restrained somewhat and the downturns would be ameliorated. This […]

Being Poor is so Expensive!

My friend John was downsized out of his job about a year ago. He ended up working for Walmart for a fraction of his previous salary. A few months after starting at Walmart, John said to me: “I never realized being poor takes so much time. It takes me hours to get to work. Any […]

Banks vs the 99%

Bank of America just got a slap on the wrist for reportedly stealing something on the order of 4.5 billion dollars from its debit card customers.   Here’s how the bank scam works. Suppose one day you use your debit card to make three purchases, all around ten dollars. Then you end your day with […]

Time for Class Warfare

Time for Class Warfare! According to Warren Buffett, “There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.” President Obama suggests that the rich should pay a fair share in taxes and the usual gang of politicians and pundits begin bellowing “class warfare!” Further, they argue that […]

The American Ideal & My Role

The American Ideal Thomas Jefferson’s Declaration of Independence articulates the American Ideal. “We hold these truths to be self-evident, all men are created equal, that they are endowed by their Creator with certain unalienable Rights … Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving […]