Tag Archives: economics

Something for Nothing

Posted on 2008-09-30 by David

As I have been thinking and reading about the credit crisis my mind has been chewing on the idea that there are two very different kinds of investing. One is the kind of investing where you put in an initial … Continue reading →

Posted in culture | Tagged bailout, economics, money | 2 Comments

Amateur vs Professional

Posted on 2008-09-29 by David

The financial amateurs in Congress have given us the 110 page text of their bailout plan which they will probably vote on today. It’s pretty much like the 102 page draft I wrote about on Saturday. They added the option … Continue reading →

Posted in National | Tagged bailout, economics, fiscal restraint, money | Leave a comment

Economics 101 (Bush Edition)

Posted on 2008-09-25 by David

Wasn’t it so nice for our president to give the country a lesson in economics. He worked hard to reinforce the image of Washington knows best. Unfortunately his lesson left out a few details that are less than flattering for … Continue reading →

Posted in National | Tagged bailout, Bush, economics, fiscal restraint, money | 6 Comments

Everyone Should Read This

Posted on 2008-09-24 by David

I’m not one to link and run, but sometimes there is really nothing to add. I think that everyone should read what Obi wan has to say about the bailout situation.

Posted in Local, National | Tagged bailout, connections, economics, money | 6 Comments

We Must Do Better

Posted on 2008-09-23 by David

There has been no shortage of opposition to the hastily proposed $700 Billion Gift Card (Chris Suellentrop provides a nice rundown) – unfortunately little of the real opposition comes from members of Congress. Our own Senator Bennett has flipped from … Continue reading →

Posted in National | Tagged bailout, change congress, Deseret News, economics, fiscal restraint, government, New York Times, Salt Lake Tribune | 4 Comments

A Managed Economy

Posted on 2008-09-22 by David

I try not to focus on political or economic issues on Sunday, but I had a hard time when I noticed the figure "$700 Billion" yesterday. I was particularly worried by this statement: . . . it would allow Treasury … Continue reading →

Posted in National | Tagged bailout, checks and balances, economics, fiscal restraint, government, national debt, Salt Lake Tribune | 2 Comments

And Now For Some Good News . . .

Posted on 2008-09-19 by David

I’m sure there are many who would not see this as good news, but when I read about contracting credit in the lives of everyday people I was thrilled. Because I expect that many people would not share my positive … Continue reading →

Posted in culture, National | Tagged economics, fiscal restraint, money | 2 Comments

Something’s in the Air

Posted on 2008-09-18 by David

Some of the people I work with like to dabble in trading stocks. They keep tabs on the stock market and they like to talk about their experiences. Through all the turmoil of the last few months their comments have … Continue reading →

Posted in culture, National | Tagged economics, money, New York Times | Leave a comment

Bureaucracy in Action

Posted on 2008-09-10 by David

If you’ve ever wondered why smaller government is better government just look at this: . . . the U.S. Dept. of Agriculture USDA tests about 1% {of slaughtered cattle} for BSE, or Mad Cow Disease. But Creekstone Farms wants to … Continue reading →

Posted in National | Tagged bureaucracy, choices, economics, government, regulations | 5 Comments

IOUSA

Posted on 2008-09-08 by David

With bailouts such as Bear Stearns and Fannie Mae/Freddie Mac there could not be a better time for the Peter G. Peterson Foundation to come along with the backing of $1 Billion (from Peter G. Peterson) and the insider expertise … Continue reading →