One of the major economic indicators that the government and Wall Street depend on, especially to tell us whether the country is in a recession or not, is the GDP (Gross Domestic Product). However, there are many who feel this indicator is inaccurate in reporting the real effect of...

Tom Brokaw asked the candidates their last town hall debate question from Peggy in Amherst, New Hampshire "What don't you know and how will you learn it?" This reminded me of a famous Donald Rumsfeld quote that is now considered poetry according to Slate.com:

The Unknown
As we...

One of the most interesting and unique things about Obama is his concept of a national level CTO (Chief Technology Officer). Alright, it's not all that innovative. CTOs have been around since technology. A CTO is a common upper manager in industry, but not in government. Certainly not as a...

Banks trade on temptation, a tool of the devil (if you believe in that sort of thing). They are evil. People get into debt head over heels because banks make it so easy to do so. Then the banks come along and act like these people who can't or won't...

The debate analysis in the media is rampant with contest analogies of war, baseball, boxing, football; you name it. Any testosterone contest imaginable is fair game. Nora Ephron noted, "we watched Obama miss opportunity after opportunity to score a knockout punch -- as the men in the room tended...

Dear Mr. president,

I'd like to apply for a loan. I hear you're in the business now. What kind of rates can I get? If it's anything like my credit card, 30%, forget it. Oh, I'm sorry 29.9%. Anyway, I hear you're good with loans for failing businesses. Government prime...

The smoking gun in Treasury Secretary Henry Paulson's $700 billion Cash for Trash, bailout plan, is a kind of (a now typical neocon) disaster capitalism effect (a.k.a. corporate socialism), as Naomi Klein describes in her book, The Shock Doctrine: The Rise of Disaster Capitalism.

Klein said...

Want to know how to take back this country, or start a revolution? The answer is as obvious as the nose on your face. Banks.

Take your money out of the banks. Get a safe. Personally, I don't hold money long enough to even need one. As soon as I...

Michelle Obama spoke on Monday about how "....you treat people with dignity and respect, even if you don't know them, and even if you don't agree with them."

Is that the same kind of respect that Obama supporters show for Hillary supporters when...

Did you know that the military inclusion of embedded reporters as war correspondents was due solely to a law suit against the Pentagon by Larry Flynt? In this upside-down country of lying presidents, and corruption-diseased politicians it seems almost natural that the one true champion of real American values is...

The big news in the business world today was the Fed's seizure of IndyMac Bank, due to a recent run on holdings by depositors. It's not every day you get to see a good old fashioned bank run. When was the last one? Back in the depression? Oh, I...