Friday, December 27, 2013
As the sun sets on another year there are signs that the American economy is strengthening. Job data continues to improve, exports are rising, and the housing market in some areas is picking up. OF course, with all of the good data there's equally bad, stagnant housing markets in most areas outside of city centres (if you don't count the likes of Detroit and other cities facing bankruptcy). Bankruptcies have peaked, but that may be because there's nobody left to declare. The debt continues to rise and is perhaps the greatest achilles heel to the entire economic operation. With the mounting debt, and the inevitable need to raise the magic ceiling number again, America is still stuck in a fundamental economic climate that sees money creation (lending) as the primary means to generate consumption (get the economy moving). Flooding the market with dollars and keeping the interest rate low will continue to spur development, but without a worldwide uptick in consumption (Europe buying more, and emerging markets), it may be all for not. It's also crucially important to balance fiscal spending with unnecessary spending. Where can we cut? Services seems to be the place where msot are seeing the pinch, but what about the golden egg called the military? Are there dollars there ot be had and is there enough cuts and income for America to actually run a surplus. Funny how we never hear discussion about that word--surplus....
Posted by Beadie at 2:16 PM
Monday, December 16, 2013
Classic. A Texas judge gave a young teen 10 years probation instead of jail time because his defence lawyers were able to effectively argue the brand new 'sickness' called 'affluenza'. The idea goes like this, if a kid has too much money (or rather his parents) then he can't know right from wrong, or it's really hard to learn because everything is handed to you from day one. I do'nt get it either. But in Texas stupid things happen all the time. Such as teens killing whole families while drunk driving and not getting jail time. What's even more peculiar from a legal stand point is how a psychological disorder that's never been tested and has no empirical evidence to even exist, held up in court. As for the teen boy who got away free, he gets to spend his probation in a resort facility because his wealthy parents can afford it. Luckily there will be a civil suit. Funny how affluenza doesn't affect black people in Texas. http://kfor.com/2013/12/16/victims-families-file-multimillion-dollar-lawsuits-against-affluenza-teen/
Posted by Beadie at 10:20 AM
Tuesday, August 20, 2013
Off to Syria we go? Obama hasn't started a war yet, well, I guess Libya counts. But should we head into Syria. Frankly, as war hungry as many people may be in the US of A, this is one we can't afford. The threat to America is low, and frankly, the opportunity to rebuild syria (and make money) is low as well. This one doesn't make sense. Stay the heck out, we're in enough money problems as it is.
Posted by Beadie at 10:21 AM
Tuesday, June 18, 2013
We're falling! Although some accuse Republicans of handcuffing the economy (holding it hostage) by preventing changes that would see tax increase for some large corporations, the reality is still holding--we're in a debt crises as a nation. Funny how nobody seems to be talking about the impending doom. i guess it's summer.
Posted by Beadie at 10:22 AM
Monday, January 14, 2013
Guns to kill people.... well you know the rest. More and more mass shootings are sadly occurring in our country. The debate is becoming increasingly polarised at a time when we need a NEW conversation about guns in this country. Staying on opposite ends of the spectrum and beating drums until one gets enough support to prevent or enact change doesn't seem to help. Taking guns away isn't the solution, albeit making it harder for military style weapons to stay out of the hands of regular Joes, well I'm for that (although would stand outside of the Conservative camp on this one). Reality is we have a culture of guns and it's the culture that needs to change if we're going to stop killing each other. Forget the fact inner city violence is happening all around us (not getting national media attention), let's just talk about the overall reality Americans kill each other more than any other. There's no civil war here, it's just plain cultural to tote guns and use them as means to carry out violent messages (or crazy ones more often than not). We have to change, perhaps legislation will help, but ultimately no law will fix the root problem.
Posted by Beadie at 10:24 AM