Republicans’ crash and burn

How bad can it get for Republicans? The short answer is “much worse”. The long answer is “much, much worse”.

There are many ways that the party of Reagan is screwing up right now, and any one of them would cause the Gipper to shake his head in shame. Taken together, however, it is just about impossible to recognize the party itself – let alone a path to victory.

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Swing state

Any analysis of national elections always comes down to a few “Swing States”.  These are the states that are not reliably in one camp or another but are up for grabs.  None of them has characterized the national elections better than Ohio, a state that had 20 Electoral Votes through the 2000s – a fairly rich prize.  It has served as a valuable “bellwether”, picking the winner con Continue Reading

Negative interest

Modern finance has seen many innovations in the last 20 years. The Black-Scholes-Merton theory promised risk-free investment if it was properly hedged, or insured through market based options. That spawned a whole new category of investment in derivatives, or re-selling of insurance that nearly anything might go wrong. Continue Reading

Drugs

“Just say ‘No!’.” Drugs have not been discussed frankly and openly in US politics since the Controlled Substances Act of 1970 was passed. The framework passed then set up five categories or “schedules” of drugs based on their medical use and potential for abuse and how they would be regulated. Continue Reading

No way!

The air was heavy with only a slight chill weighing down the slushy footsteps down the sidewalk of Seventh Street. It wasn’t exactly a crowd that slipped past the Ice Bar at Moe’s along the route of Saturday’s parade but there was a thin inkling of the start of Winter Carnival, about as relaxed as this warm winter itself. Continue Reading

Citizens, united?

No Supreme Court decision in recent years has ignited a firestorm of protest and mayhem like the Citizens United decision, now two years old. The basic finding was that corporations, like people, have certain free speech rights that cannot be curtailed without a “compelling interest”, and none has been described. Continue Reading

Debt supercycle

The challenge came in a moment of weakness born of a position of power.  I was up giving a quick talk on the essence of storytelling to a group of students learning about marketing techniques, particularly focused on blog writing.  It’s a hot topic lately, but my approach is, as always, that there is really nothing new about it at all.  Just as the thought-out schtick was winding Continue Reading

Obama’s job and yours

Will the economy produce a lot more jobs in 2012, or are we stalled looking at permanent unemployment and a new underclass? It’s an important question because the answer to it predicts the course of the election season far more than anything else. It’s the economy, stupid – really it’s the jobs. Continue Reading

Growing jobs, revisited

Back in October 2010, job creation was at a complete standstill.  The bottom of total employment was hit in February of that year and little had changed since.  A simple analysis came through Barataria from Gary Shilling designed to predict when the turnaround might possibly occur – sometime after the economy (as Gro Continue Reading

Good news or bad?

After a somewhat slow December, there is a lot of good news and bad. The problem is that both seem to come at the same time, leaving anyone following the flood of information bewildered.  Two main categories of news, economy and national security, are running at odds with each other.  Are things getting better or are they getting worse?  It depends on how you look at it.

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