Archive for October, 2008
Bubbles
Monday, October 20th, 2008The United States has been experiencing asset bubbles at an accelerating rate in recent years. The stock market bubble of the 90s was soon followed by the housing bubble. As that bubble was deflating, commodities were accelerating in price. Will these bubbles continue? What causes them?
The U.S. Federal Reserve has a stated policy objective of [...]
Mikey’s Mistep
Tuesday, October 14th, 2008Recent news reports reveal that Michigan Attorney General Mike Cox has recommended that the State of Michigan establish a web site, showing exactly what the state is spending money on. He argues that this would allow the citizens of the state to monitor how their government is managing their money. He also argues that several [...]
“Change”
Wednesday, October 8th, 2008The two major party nominees for President are each running on a platform of “change.” Let’s explore that concept.
The founding fathers of this country established a limited government while expressing concern about the danger to our liberty of too much government - too much concentration of power in the hands of elected officials. Over time, [...]