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Category Archives: economy
Living in Liberal-ville, U.S.A.
Have you ever had a contract with someone who (you learned later) never had any intention of keeping his word and performing his obligations? Have you ever had a contract with someone who (you learned later) felt no moral obligation … Continue reading
Supreme Court to Rule on Obamacare. Is Obamacare Constitutional?
As regular readers of caughtinavortex know, our basic approach on important political and social issues is to use humor and satire to highlight absurdities. However, some issues defy even our very best efforts to use humor and satire to make … Continue reading
Posted in economy, politics
Tagged affordable health care, health care lawsuit, obamacare, supreme court
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Chevy Volt Sales Are Really Taking Off.
The sales of the fabulous Chevy Volt electric car (with the auxiliary gas engine in case you actually need to drive somewhere) are really taking off. Government Motors is ecstatic. Sales are so good that California is bending the rules … Continue reading
Posted in economy, humor, satire
Tagged chevy volt, Chevy Volt sales, electric car, Fred Flintstone car
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Liberal Economics: Not Just Condoms Should be Free.
The Liberal List of Things that Should be Paid for by Someone Else. Recently, my liberal friends have all been on a tear regarding women’s contraception. The keep telling me that if a woman needs contraception it should be paid … Continue reading
Posted in economy, humor, politics, satire
Tagged condoms, contraceptives, economics, free speech
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Tax the Rich. Make Them Pay Their Fair Share
I have been listening carefully to my liberal friends explain their solution for excessive government spending. They say we should tax the rich. We should tax the rich more. We should tax the rich a lot more. My question is: … Continue reading
Posted in economy, humor, politics, satire
Tagged economy, fair share, humor, politics, satire, tax the rich
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Government Debt.
The following link is to an interview with Kyle Bass, of the Hayman Capital Hedge Fund. It’s an interesting review of the ongoing sovereign debt crisis. http://www.zerohedge.com/news/kyle-bass-un-edited-buying-gold-just-buying-put-against-idiocy-political-cycle-its-simple Just for kicks, how about this piece of good news? U.S. government debt … Continue reading
Euro Zone Problems are Mounting. European Debt is Toxic. Is France Next?
Sometimes there is just no need to comment. Other folks can say many things much better. So suffice it to say that anyone who thinks they are going to escape looming economic problems is probably not paying attention. The FMI … Continue reading
Posted in economy, politics
Tagged current events, economy, euro zone, Europe, European crisis, French bonds, politics
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“Occupy Wall Street”. Who Are These People? The Silence of the Lambs or the Awakening of the Pawns?
Like so many people who can read (and actually do so) I have been wondering about the “Occupy Wall Street” protestors. What a fascinating subject. Liberals in tents. Students in sleeping bags. Anarchists in black shirts. Loons with dreadlocks. Drug … Continue reading
Posted in economy, no category, politics, satire
Tagged New York protests, Occupy wall street, politics, satire
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Will Aliens Bail Out the Eurozone and Solve the European Debt Crisis?
It is beginning to be clear that the sovereign credit crisis in Europe will not be solved anytime soon. In fact, it is becoming increasingly clear that the only solution to the crisis may be sovereign debt defaults. Imagine that. Governments … Continue reading
Posted in economy, humor, satire
Tagged debt default, default, depression, economy, European crisis, European debt crisis, Greek debt, humor
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The Economy is a Forest. A Firestorm Has Started
Talking economics with my liberal friends is a daunting task, bordering on masochism. The basic problem is that most 21st century American liberals do not understand the simplest laws of macro-economics and micro-economics. The public schools have failed to teach … Continue reading
Death by Debt. Education debt, sovereign debt.
The college debt burden in the United States is far too big already and is getting larger every day. The burden on the students is only sustainable in a vibrant, growing economy. If you are unaware of the danger posed … Continue reading
Posted in economy, politics
Tagged college debt, sovereign debt, student debt, U.S. debt
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Occupy Wall Street: Non-thinkers
I’ve been thinking a lot about the protests in New York, the protests against capitalism, and the demonstrations in other cities. I sympathize a bit with some of the folks demonstrating against the state of things in our national economy. … Continue reading
Posted in economy, politics
Tagged New York protests, Occupy wall street, protests against capitalism
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Student Loans: Traveling the Road to Serfdom
In the 1940’s Austrian-born economist Friedrich von Hayek wrote “The Road to Serfdom”, warning that government economic controls inevitably lead to serfdom. Never have his predictions been more prophetic. The federal government in the United States is actively engaged in creating a nation of … Continue reading
Posted in economy, freedom, no category
Tagged serfdom, student loan default, student loans, the road to serfdom
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The Obama Jobs Bill Explained – Part 2
Barack Obama has been criss-crossing the country campaigning for passage of his “jobs bill”. However, the biggest problem he faces is that neither a majority of democrats or republicans in the House of Representatives or the Senate want to pass … Continue reading
Posted in economy, politics
Tagged Aftershock, economy, Endgame, jobs bill, obama, politics, tax surcharge, The Fourth Turning, wealth tax
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Obama Jobs Speech Translated
On September 9, 2011 Pres. Obama made another speech. In keeping with our duty to offer translations of what Obama actually says, here is the decoded version of his latest exercise in verbosity. Mr. Speaker, Mr. Vice President, Members of … Continue reading
Posted in economy, humor, politics, satire
Tagged american jobs act, humor, obama, obama jobs speech, politics, satire
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Obama “Jobs” Plan Explained
The neo new dealers controlling the Democrat party and running the Obama White House have come up with a new proposal to deceive lazy democrat voters. After much thought, I have decided to digest the plan into a simple explanation. … Continue reading
Where Am I? The Obama Parallel Universe
This is the first post in a while. The reason: I am on vacation. I am in a parallel universe. Don’t ask me where it is. All I know is that it is parallel to the one I was in before … Continue reading
Electric Car Sales Dismal
Sales figures for the new electric cars, Nissan Leaf and Chevy Volt, are not looking so good. Lots of people have signed up and made a deposit to test drive a car but it appears not so many are actually … Continue reading
Pimco Dumps Treasuries
Here’s a commentary regarding the decision by Bill Gross and PIMCO to stop investing in U.S. Treasury bonds. If you are an investor in fixed income products the analysis presented by Jim Jubak may be useful. http://money.msn.com/investing/bond-king-gross-dumps-treasurys-jubak.aspx
Thoughts About Japan
For years, disaster recovery planners, economists, and policy makers have wondered what might happen if the supply of electricity failed in a modern, developed economy. It’s one thing for people in a county like Haiti to lose power. It’s sad … Continue reading