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November 2010



Gridlock or Governance

November 24, 2010 – Comments (0) | RELATED TICKERS: C , EXAS , GMO

A week after the third consecutive monumental Congressional elections in which seat turnover was extremely high, what do we take away?  Conservatives would claim that the United States has taken a decided turn to the right and that liberalism in America is dead.  I find these conclusions hard to believe.  [more]



Demographic Depression

November 24, 2010 – Comments (2) | RELATED TICKERS: C , EXAS , GMO

Much blame has been laid regarding the current state of the American economy.  While there is ample blame to go around, most of it is misunderstood, if not outright misplaced.  The United States is in a long term economic aggregate demand decline not due to the foolish, arrogant and greedy economic policies of both the government and financial industry of the early 2000s- which we have covered- but because of a larger problem that can not be quickly solved.  The United States is suffering an aggregate drop in economic demand due to an aging population.  The depression is demographic in nature.  [more]

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