Tocqueville as Prophet
“The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.” Alexis De Tocqueville, Democracy in America (1835) Last week the economic...
View ArticleRepublicans: Welcome to Lupine Equality!
Lately, while imbibing the recent mainstream media blathering, I note that one is expected to succumb to their frequent blandishments to feel sorry for Republicans. We mean ol’ lib’ruls are accusing...
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A Dream Deferred
The Baha’i Faith teaches that an equitable and just distribution of wealth is essential to the prosperity and progress of civilization. When ‘Abdu’l-Baha, Head of the Baha’i Faith (1892-1921) visited...
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Debt Figures Show that Americans are in Denial
After decreasing their overall credit card debt by nearly $33 billion in the first quarter of 2011 and leading many to believe that a corner had been turned, U.S. consumers added upwards of $18 billion...
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Money Cannot Be Eaten
As the last of the Occupy encampments are swept away across the nation, few can fail to recognize that whatever the future of this movement, its activists have successfully “occupied” public...
View ArticleObama is Correct But for the Wrong Reason
In a recent interview with 60 Minutes’ Steve Kroft, President Obama was asked if he felt he overpromised during the last presidential campaign when it came to fixing the economy. The president...
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Martin Luther King, Jr.: American Dreamer
The essence of the American Dream can be captured in two words: upward mobility. On more than one occasion, I have written about how for those left behind by the Great Recession, the American Dream has...
View ArticleKeynesians Are Clueless
Paul Krugman, New York Times columnist, Nobel Prize winner, and Keynesian economist extraordinaire is about to have his new book, titled End this Depression Now, released. In it, the Duke of Deficit...
View ArticleAmerica’s Lost Decades
Not too long ago an industrial giant experienced one of the greatest economic booms in its history. Thanks to easy credit and low interest rates, investors in that country ran up astronomical debts and...
View ArticleCredit Card Issuers Showing a Social Side
Banks, in search of their next generation of affluent lifelong customers, have taken the credit card sign-up tables that used to speckle college campuses on football Saturdays in the fall onto the...
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Book Review: ‘Confronting Capitalism’ by Philip Kotler
Unlike the American founding fathers, whose ideals for their nation’s growth were through democratic principles, hard work, decency and fairness in business and the marketplace, today’s foundering...
View ArticleProp 8 and the Future of the American Family
In the wake of the ruling striking down Proposition 8, the California constitutional amendment that would outlaw gay marriage in that state, we have moved a step closer to the possibility of gay...
View ArticleMany of the Now Unemployed Unlikely to Ever Return to Work
The unemployment numbers released today indicate an unexpected sluggishness in the job market: payrolls shrank by 131,000 and the unemployment rate remains at 9.5%. In the week ending July 31, the...
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