Monthly Archives: June 2016

The Rise and Fall of Amazon.com

I focus on the incentives that cause numbers to go up or down. Incentives are simple to see. Describing them with equations is very complex and of questionable value. I don’t know when it will happen but AMZN (amazon.com) will … Continue reading

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The Pretense of Knowledge

The American Public is highly vulnerable to many dangers, that result from a severe deficit of education, almost complete  ignorance, and an unrealistic high level of self esteem. I have written previously that the largest and fastest growing industries today … Continue reading

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Reasons to Vote For Hillary Clinton

In the early 90s Marion Barry, mayor of Washington DC was sentenced to prison on drug chargers. After he was released, the citizens readily elected him to the city council and then as Mayor again. Why would the folks in … Continue reading

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Democracy Under Siege Free Markets Near Extinction

In a world that appreciates democracy, ordinary British citizens deciding an issue for themselves would be treated as a wonderful development. The current global mindset is that it is much too dangerous for regular people to decide these things. The … Continue reading

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Down Day But No Brexit Crash

The market did not crash although 3% down is meaningful.  Monday, every available resource will be used to turn the market back up. Chances are very slim that the market will crash early next week.  The Federal Reserve claims to … Continue reading

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Stock Market Post Brexit Vote

A vote by the British to exit the European Union will not cause a crash on Friday. The Federal Reserve and other central banks are prepared for that outcome and will buy like mad men. It is never a good … Continue reading

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Why Fascism Grows

If we feed a dog a a washtub full of hamburger meat, the dog will eventually get full and stop eating. Once the rich learn to use government to feed themselves, their appetite is unquenchable. There is no incentive to … Continue reading

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Danger and Brexit

In case anyone is not following this, Bretxit means British citizens voting to leave the European Union. By some, the prospect of Britainleaving the European Union is deemed the disaster of the 21st century. Brexit is not the actual danger. … Continue reading

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Humphry Hawkins Testimony

Janet Yellen is testifying before congress today. Ms Yellen is the epitome of a fantasy based economist. She is the kind that gets paid. She is a good enough accountant but nothing she or the other Open Market Committee members … Continue reading

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End of Democracy

Politics is about the present. What is good for tomorrow or what should be remembered from the past is not considered. History for most Americans begins at the date of their last suffering.  Citizens who have not suffered, have no … Continue reading

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