Archive - Jan 30, 2010 - Blog entry
Next Currency … A Real One?
Submitted by mikla on 01/30/2010 11:57 -0500Pretend for a moment that the US $dollar is no longer useful. With what could we settle transactions? For fun, let’s assume for a moment that we want to try something different. What about a basket of stocks and bonds? Holding a share of all future profits from those may be the best we mere mortals can do.
It's Still Not My Fault and I Feel Your Pain
Submitted by Econophile on 01/30/2010 01:52 -0500President Obama seems to be tone deaf and his State of the Union address was revealing. His rambling speech continued his theme of Big State control on the one hand yet preaching bipartisanship and fiscal responsibility on the other. This administration and the Democratic leadership is marching us toward European-style welfare socialism and seem incapable of compromise.
