Saturday, November 16, 2013

Steve's barking working in retirement

I’ve been asked how life is like after retirement. My answer is I didn’t retire from work; I just retired from getting paid for work. Now that I don’t have a nine to five I can devote more time to my real jobs. I’m a chauffeur, a low grade handy man, a wife’s secretary, a male escort, a date calendar and reminder for my wife, an ATM machine (honey I left my wallet at home) a dishwasher, a porter, my wife’s administrated assistant,physiologist, A dying cat (family says where’s the dying cat when I sing to the tunes on the radio), and last but not least comedian.

Why does it take a husband and wife to screw in a light bulb? The husband to screw in the light bulb and the wife to criticize.

Thursday, November 14, 2013

Steve's barking our founding fathers in no new slaves

My research has shown that just about all the important founding fathers have written extensively against slavery in their time. None of the southern important founding father with the exception of George Washington ( his slaves were freed after his death as decreed in his will) freed their slaves.
It is hard for me to believe their statements how appalled they were at slavery in this country. Those who justify certain reading of the Constitution by proclaiming this is what the founding fathers of America meant when the Constitution was written and justify their interpretation by quoting some obscure document of a particular founding father. Those who make these interpolations have some explaining to do, as too how trust worthy these interpolations are when most of our southern founding fathers wrote how appalled they were at slavery and most claimed they wanted to end it, yet still kept their slaves.

Steve's barking is the economy like a lungs?

Is the economy like lungs takeing in money and spitting  out jobs?
Do people really believe that urban myth that government borrowing money takes money out of the private sector?  Let's just say my unlearned friends, that government borrowing can and usually does increase the money supply. For you who believe that the money supply is finite I have a bridge that spans the East River that I want to sell you.
What happens to the money that government borrows?A good portion is placed in banks untill actually needed. The money in the banks is then turned around and lent to the private sector, who then puts part of that money that isn't needed into the bank who then lends that money out again, presto the money supply increases, proving once again that public sector borrowing doesn't always squeeze out the private sector.


Warning! This blog hasn't been proof read.



Monday, November 11, 2013

Steve's barking don't complain with the presidents vacation.

Those who didn't like the Bush presidency would complain that the president was always on his ranch.
Those who don't like the Obama presidency complain about his vacations and his golf game.
Hay if the president isn't in Washington how much trouble can they get the country into?

Wednesday, November 6, 2013

Steve's barking is 5 times a charm (boring) or does a bear (blank) were he sleeps?

If in economics you do A and B happens, and you do if at least 5 times does that mean every time you do A, B happens is that a true course and effect? What happens that you unwittingly do Z all the five times?
What  if looking at cause and effect you missed a time when doing A, B doesn't happen?
What if government had not done A and B happens, does that really mean A be is going to happen?


In the past one can see that on certain occasion when government pumped money into the ecomoy there was inflation, that doesn't mean that by pumping money into the economy is a cause of inflation, one has to look at all factors to determine the exact causes of inflation when the money was pumped into the ecomomy.

Monday, November 4, 2013

Steve's barking it's probably wurst

A month ago I thought that Germany loved Merkel, today I'm not so sure. I had no idea that the Christian Democrats had a partner in crime and that partner was rejected by the citizens of Germany.It only goes to show that this foolish American doesn't know that much about our European friends(?). I under the foolish notion that Europe would be the greater beneficiary of a new trade pack, when the leader of the European Union (that being Germany) is saying that because of American ease dropping on her phone calls that means sanctions on America. Now I'm thinking if you have sanctions on a country that you want to have a new trade agreement, that would defeat the purpose. The irony of this situation is those in America who are afraid of a new European trade pact wins. Those in Europe who need the trade pack lose. I do believe that's called cutting off your nose to spite your face.
Doesn't all counties, even allies spy on each other?

Friday, November 1, 2013

Steve's barking 17 trillion in present day debt equates to 30 or 40 trillion dollars in future debt, How?

I heard some financial genius on the boob tube the other day stating the nations nearly 17 trillion dollar deficit is really 30 to 40 trillion dollar deficit, of cause this genius some how equated the deficit to Enron. This being the a financial network no in dept explanation was given. After I heard this financial wizard it was on to the next segment like any late night variety talk show would do.
Now I might not be Mensa but I'm not that dumb. Like I've stated in prior blogs we really don't have less  a 16.8 trillion dollar debt (The allocation of funds that aren't, etc), so as I see it debt talk starts out on the wrong foot. Now unfortunately in 15 to 20 years no money will be owed to the Social Security trust.
2.4 Trillion no longer on the books. Now we come to the Feds Quantitative Easing, I guess one believes that the Federal Reserve is going to keep buying bonds after it hits three trillion dollars. The Feds are going to sells their bonds or demand higher interest rates? I haven't looked at other monies that the government owes itself, they might be disappearing too, vanishing in to payments.


*The government show no willingness to shore up Social Security, it does show a willingness to rob the recipients in some fantasy that it reduces the debt.