Sensible or Not Sensible
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A GOLDEN ERA?
In the past few weeks our new President has tried to impose a tariff-based economy on what has been since WWII a global free trade system. He remarked that America’s Golden Era was that period between 1870 and 1913 before the 116th Amendment. The 16th Amendment gave Congress the power...
T T T T TARIFFS?
Not Again No getting around tariffs. A broad variety of these charges on goods from other countries were announced on April 2nd. Not surprising this radical departure from a global economy based on free trade sent the markets into a tailspin. George Washington’s Second Bill So what is the thinking...
Benjamin Franklin: Our Founding Blogger
Benjamin Franklin is the only Founding Father to have signed, The Declaration of Independence, The Treaty of Paris and the Constitution. The Trifecta; The three most important documents at our country’s inception. He was born in 1706 and died at the advanced age of 84 in 1790. So, his period...
UNITED STATES POSTAL SERVICE
I have often heard people question why the US postal service, USPS, cannot be as efficient as UPS or FedEx. There are voices clamoring for privatization of the postal service. Benjamin Franklin Our First Postmaster The U.S. Postal Service was founded in 1775 by Benjamin Franklin a Founding Father of...
TESLA IS JUST A CAR
Tesla is a car. It’s also a company which makes batteries and solar energy equipment. But mostly it’s a car company. They believe they are a special car company. A digitally anointed brand that deserves the high valuation for ownership of its stock and ownership of their cars. Facts In...
Empathy Suicide?
This last week there has been a remarkable pair of statements from the richest man in the world. The first “The fundamental weakness in western civilization is empathy.” He goes on to refer to empathy as if it were a bug in an operating system. If we could just reboot...
Ponzi Scheme vs Social Security
The richest man in the world has now proclaimed that Social Security is a Ponzi Scheme. Nothing could illustrate his total misunderstanding and complete disregard for the powerful benefits of the program. Ponzi Scheme The first element of a Ponzi scheme is that the initial contribution is gained through fraud....
Watergate: Words From Our Preservers
It has been over fifty years since the Nixon administration attempted to bug the headquarters of the Democratic Party in the Watergate Hotel. Nixon was about to win the general election against George McGovern in what can accurately be described as a landslide. Electoral Votes 520 to 17. Popular vote...
A Parking Spot That Saved Our Democracy
Memories of the Watergate Scandal have grown dim. I came of age in the 70’s and Watergate was a central event in my understanding of what it meant to be an American. My association with it grew even stronger when in 1976 my Mother moved into an apartment in the...
GOVERNMENTS VS CORPORATIONS
There are basic differences between a Government and a Corporation. Corporations The only goal of a corporation is to provide SHAREHOLDER VALUE. That is the mantra of the Business Roundtable. This organization consists of the Chief Executives of 200 corporations. They boast that they contribute to almost one fourth of U.S....
Margaret Chase Smith: The Four Horsemen of Calumny
I believe it is time to include not only the wisdom of our Founders on this site but to also include what I will call The Preservers. Men and women who in times of great peril stood up for Constitutional Values. Today is not the first time this country has...
LIES, DAMN LIES, STATISTICS
These is an age old saying which I hesitate to credit to any one source, but it goes, “There are lies, damn lies and then there are statistics.” I studied graduate level statistical analysis for two years and God help me I enjoyed it. I try to resist the temptation...