In my opinion, there are no reasons to continue on with the Electoral College System, as we have the technology to create a popular vote. Living in Arizona, my vote for Barack Obama has little chance of making a difference in this Red State. Although, it is pink today. Al Gore would have been [...]
Archive for the ‘politics’ Category
Eliminating the Electoral College
Posted in politics on November 4, 2008 | Leave a Comment »
A Divided Hawthorne?
Posted in economics, politics on November 4, 2008 | Leave a Comment »
Something became clear to me in a moment of randomness. After posting the Hawthorne affect on my blog and then watching “A Divided Classroom” I realized that productivity is mostly a contribution of self-esteem and confidence. Beyond productivity, success is an affect of self-esteem and confidence. In the Hawthorne affect, peoples belief that [...]
Fed Funds at 1% again
Posted in economics, politics on October 30, 2008 | Leave a Comment »
In 2003, we had Fed Funds rates at 1%, at a time when prices were rising and the economy was still boiling even rebounding from the Internet Bubble and 9/11. This fueled irrational exuberance (as coined by Alan Greenspan) and fueled by his policies pushed money into a market that started taking bigger and bigger chances. [...]
Globalization creates Localization
Posted in economics, politics on October 29, 2008 | Leave a Comment »
As the world continues to globalize, we will continue to localize.
Resources will be polarized as community gardens and farmers markets will start to appear in your neighborhoods and exotics will become more scarce. The cost of moving goods around the globe is unsustainable as the reliance on oil becomes more of a burden. [...]
Go to FiveThirtyEight.com
Posted in politics on October 19, 2008 | Leave a Comment »
Tax Cuts, Energy, Healthcare, Social Security and the Economy
Posted in economics, politics on October 13, 2008 | Leave a Comment »
What makes America great? Free Enterprise, Rule of Law and Meritocracy
When the Berlin Wall came down, Adam Smith won over Karl Marx. Adam Smith and the invisible hand will continue to present challenges as markets change, peoples insatiable needs and we adjust to an advancing society.
Every few years the invisible hand needs a correction. [...]
What to watch for in the credit crunch
Posted in economics, politics on October 13, 2008 | Leave a Comment »
1. Money market desk – are banks starting to lend? Capital has to be increased in companies and banks so that banks will lend to companies and banks will lend to banks and companies can survive on the cash at hand or get credit from banks.
2. LIBOR - is a daily reference rate based on the interest rates at [...]
Thunderbird Professor explains Financial Blockage
Posted in economics, politics on October 13, 2008 | Leave a Comment »
Bank Stabilization & our markets
Posted in economics, politics on October 13, 2008 | Leave a Comment »
How do we really free the flow of money into banks and through banks, so that they take risk? When depositors are withdrawing everyday? Do the deposit guarantees really create risk taking and free up credit? Can we audit the cash reserves and move banks together consolidating an industry in risk, while keeping the [...]
We need a coordinated effort from the G7 in a globalized world…
Posted in economics, politics on October 12, 2008 | Leave a Comment »
The G7 and G20 need to agree to support a coordinated effort:
1. Liquidity in Interbank – banks need to lend to each other to create money supply.
2. Recapitalize Institutions – create money supply and liquidity so banks take risk and lend money, not just pad their own balance sheet to avoid runs on the bank.
3. [...]
