BillHeise | September 14, 2010
This started out as a response to a Facebook note posted by one of my friends. He had written: Well there you go: After voting in 2001 for a tax decrease by pushing its cost onto the next administration, Mitch McConnell (R-KY) shows his support for the working class by refusing to support a continuation [...]
Category: Economics, Politics |
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BillHeise | September 11, 2010
This post is my take on Jim Cramer’s encounter with Jon Stewart on the Daily Show last year. I’ve had this floating around unfinished for a long time, and I thought I’d never publish it. But after taking the summer off, I wanted to get back in the swing of things and found this. If [...]
Category: Economics, Philosophy |
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BillHeise | September 6, 2010
I found this article by Robert Reich on the web today. In the article, he complains: “Face it: The national economy isn’t escaping the gravitational pull of the Great Recession.” That’s because the real problem has to do with the structure of the economy, not the business cycle. No booster rocket can work unless consumers [...]
Category: Economics, In the News |
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BillHeise | July 31, 2010
I don’t think so, but I found this article, entitled “Will Washington’s Failures Lead To Second American Revolution?,” on the Internet today. The article is filled with anecdotal evidence that we may be heading towards a future that only a new American Revolution can correct: The Wall Street Journal’s steadfast Dorothy Rabinowitz wrote that Barack [...]
Category: Economics, In the News |
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BillHeise | April 14, 2010
A couple weeks ago, I was talking about the difference between Neil Postman’s certain vision of the past and his uncertain vision of the future. I had noted that he was worth listening to when he was talking about the past, but when it came to his vision of the future he was worse than [...]
Category: Economics, Philosophy |
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BillHeise | December 20, 2009
The Adam Lambert Problem I found this on the Web today. In the article, subtitled “Wrong track” poll numbers aren’t just about the economy,” conservative commentator Peggy Noonan focuses on the sinking of Obama in a Wall Street Journal/NBC News poll. It is another in a long trail of polls that show a clear if [...]
Category: Economics, In the News, Philosophy |
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BillHeise | November 1, 2009
The Lost Generation with Curmudgeonly Response This is clever. More than that, it is heartwarming. But….there are other opinions, like this: Cynical people exist, and a cynical person wrote the second video. The idealists among us probably feel that the person who wrote the second video is curmudgeonly. That’s because they are. But having curmudgeonly [...]
Category: Economics, Philosophy |
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BillHeise | October 29, 2009
It’s Halloween week, so I thought I’d go back to the previous post in which I note that zombies seem to be everywhere in the culture these days. I’ve been thinking about this a lot (I know, how cool am I?) and here are some of my zombie thoughts. Zombies are lifeless creatures who come [...]
Category: Economics, Philosophy |
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BillHeise | September 16, 2009
The 1960s had given us the idealism which was supposed to solve all our problems. [see Changing Media II; Hair, and Deaf-Mutes in Mao’s China]. All we had to do was make the move away from our individual selves to what I have come to call our “inner goddess” and what Robert Graves had called [...]
Category: Books, Economics, Personal, Philosophy |
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BillHeise | March 8, 2009
The fact is that only experts dabble in complex derivative markets like options. But the stock market has been sold as a solid investment for mainstream, middle-class investors. So people pile into the stock market when it is going up, and they complain when it goes down. But the fact is that when we invest [...]
Category: Economics |
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Tags: Wall Street