Saturday, June 19, 2010

Steve's barking at who's responsible foul up in the Gulf of Mexico

Just who responsible that the oil spill isn't being cleaned up ion the Gulf of Mexico?
Well let me tell you. It's the ghost of Ronald Reagan.
 The old mighty great communicator's came down from the heavens and prevented the the US government from doing it's duty. His ghost proclaiming that government shouldn't do it's job after all government is the problem. His chorus better known as the Reagan disciples would  scream Business knows what it's doing and government can't even run the postal service.
Now we all know that after Reagan no politician or almost no politician would dare tell the watchdog agency to do there job and the more gravies office holder would get legislation past, weakening these agencies were one has to wounder why they exist.
 The ghost of Ronald has a strong hold on this nation an as long as we areafraid to do anything to protect the citizen from foolish behavior we are going to have oil spills, lousy health care, and an economy that will be almost at death's door.   

Sunday, June 13, 2010

Steve's barking 1 plus 1

We all know that one plus one equals two, but what if a group of children were taught  that one plus equals three? What would happen if this became widely excepted?
Now the people who know better would make fun of those who believe that one plus one equals three and those who believe this would attack those who don't as socialist or even worse communist or what ever ist that group is scared of.
The one plus one = three would then ask  those who believe that one plus one =  two to prove it. This would be an almost impossible thing to do, so therefore one plus one now equals three, screwing up all mathematical equations and bring anarchy to the world.
Welcome to the world of history and economics.

Friday, June 4, 2010

steve's barking at the recession.

We are out of the recession. How do I know this? I turn on the Boob Tube and those commentators on those business networks tell me so. They tell me that the economy grow by 1 tenth of 1 percent this quarter and some other ridicules  number the quarter before this and the quarter before that.  They also mentioned that the recession started when we had three negative quarters in a row.
Now we called this thing a recession because we didn't want to call it a depression, a depression being something that's really terrible. We call a depression a depression because we don't want to call it a panic like the really old days, that's more ominous then a depression.
What would  happen if we decided to call it a mild recession if unemployment hit 5% real numbers not government numbers, over 7 %  recession and over 10% a deep recession and over 13% real numbers an oh no depression.
Put that in your pipe you modern day economist and smoke it.