Monday, May 30, 2016

Steve's Barking;Donald Trump as......

Donald Trump as....
Tr(i)ump(h) the insult dog....Look at the ugly mug on that woman......Lying Ted ....Crazy Bernie......

Donald Trump as......
Rodney Dangerfield.....America gets no respect...No respect I tell ya..Mexico sends it's rapist and criminals to us, not it's best people, no respect. The Chinese beat us in trade...no respect.

Donald Trump as.......
P.T. Barnum....... A sucker is born every minute..... Never give a sucker an even break.

Sunday, May 29, 2016

Steve's Barking; The economics of American political chaos, theory that is!

The economics of American polical chaos or ehhh things ain't so bad.
The theory of economic American political chaos is not something anyone would find in books of economics, or for that matter in any history books, it just some foolish observation.
The best economy in the US in the past forty years occurred with a Democratic president (Clinton and Obama) and ( not Rebublican or Conservative) obstructionist congress. Little got done but the economy grew by leaps and bounds. The Democratic presidents and their minions took full credit.
Now if a person looking at this snap shot and not listen to the presidential partisan politics, chaos in government is good for the economy, the politicians can't gum up the works.
Don't try this if your country has a parliament, were new elections can take place if the pime minister has too much hair up his or her nose. It worked(?)  in America twice.
Maybe we in America should vote Libertarian Party or in certain circles, the do nothing party, or as some people might say do nothing and no harm shall be done.


Thursday, May 19, 2016

Steve's Barking; Poles, it don't mean a thing till Sept

Why does anyone care what the poles say in the U.S. Presidential race. No body gives a sh*t until September.
As anyone who has followed American presidential politics will tell you that hardly anyone really thinks of the presidential politics once the nominees have been selected. We Americans can now worry about our sun tans until September when the elections get into full swing.
Nobody even watches the conventions anymore. It's not must see TV like when I was a boy.

Monday, May 16, 2016

Steve's barking; Is the idea of an American or any countrie's business dying

With companies moving from country to country just to avoid taxes.
Large companies buying very little companies in foreign lands just to avoid taxes.is the idea of an American company still valid?
With companies from foreign land buying companies that are American is still valid that company is still America?.
If GE bought Mercedes-Benz, is Mercedes-Benz still a German company?

If the changing hands with corporate headquarters changing from country to country changes from a trickle to a flood perhaps we of the world perhaps should think of common pay and workers rights along with the a new way of collecting taxes.





Saturday, May 7, 2016

Steve's barking; unintended consequences

Life is full of unintended consequences. We helped lessen disease by burning garbage only to discover burning garbage is bad for our lungs.
We did quantities easing to money into the monitary system but at the same time we demand that banks have high reserves. The good news is that the Federal reserve has 4.5 Trillion in our debt. If one wants to be deep in thought, that person can say hay we reduced the deficit by 4.5 Trillion.
The bad news is if people started believing that we can reduce our deficit any time we want to by having the Federal Reserve print money and buy all our debt.
Another unintended consequence is that we set up higher reserves for our banks, of cause that takes money out of the system that can be lent. Unintended consequence, deflation (maybe).
If we realize what the unintended consequences are we must make decisions if the planned action are for the better, or the consequences make lives worse.

*Better to have deflation, and a slower increase in economic growth then have a banking meltdown.
** If the Federal Reseve charter doesn't say that it must sell the bonds that it has on the open market, we have great breathing room.