April 2009
0 posts
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February 2009
13 posts
Throwing money away
Was just speaking with a friend the other day, and the old saying came up of “If you’re renting, you’re just throwing your money away.” This has always felt incorrect, but I never really did the math. I now have done it, and if you do, you’ll realize that it comes down to a really basic understanding of what you want in a house, not so much in terms of money being...
“If you put a tax cut into the hands of a business or family, there’s no...”
– John Kerry - meh
“The latest spending, signed into law yesterday by President Obama, came on top...”
– John Browne more
What is a recession?
When you hear people on tv talk about recession, specifically they can say that we are not in a recession… or that we haven’t been in a recession… because we haven’t had 2 straight quarters with a reduction in our GDP. That’s a great definition for tv people, but not very accurate for real life. A basic way to think of a recession, or more specifically the...
“It’s not your money.”
– Rep. Joe Knollenberg (R-Michigan) video
Of Keynes and Men
So what or who is this guy Keynes? You’ve heard of him right? Well, even if you haven’t, this is the reason for stuff like “stimulus”. Ok, let’s go over two things. First, what does this guy Keynes have to do with economics, and what does he have to do with our current situation.
What is Keynesian economics? Well, in a nutshell, it is fiscal stimulus with far...
Stimulus = ?
So it goes… The stimulus stimulates the economy. Really. How? Oh jobs you say. How do new jobs stimulate the economy? Hmmm. Starting to get a little fuzzy? Oh, even though you don’t understand it, you hope it will work. I totally agree….except. Well there’s this one thing. There’s not a possibility for a stimulus package to actually work. Bummer.
Ok,...
Transparency....
The total size of the four major files is over 100MB, and consists of 1419 pages. Three of the four files are huge “scanned” PDFs, meaning they were created by printing the original document and then scanning it in again —- and therefore contain no real “text” that can be easily searched. This will make our parsing process difficult and more time consuming, so we most...
California, are we paying enough taxes?
That’s pretty much the heart of the issue. It is interesting when we take a look at how taxes are put into effect, and then how they are repealed. For instance, if I was to propose a tax that would take 3% on all long distance phone calls, you would ask for what purpose. I would then say, “Well, it is for this war that we are fighting.” You would then assume that when that...