High powered traders and investors are the most consistent proponents of small government; that is, until Wall Street panics as it is doing now over the market’s current instability. They are crying for the Federal Reserve to pump liquidity into the coffers of irascible investment banks that have caused the problem with its reckless loan procedures. Why reward such irresponsible policies whereby so many in the thousands if not millions are losing their homes? Well, that’s precisely why the Fed h...

In early childhood all of us were taught to save for a rainy day: save up your pennies to get that baseball glove or hoop you always wanted. Later we were told to save those dollars earned working part time to get your first jalopy, plus enough for auto insurance. Before you could blink an eye you were contributing to your parents savings that would send you to college. When you married, savings were for a down payment on a house and education for your children. The point is “savings” is...

The general conservative posture on outsourcing being good for the economy is defended by the balance of insourcing. It is true that many foreign automakers have been compelled to assemble their automobiles in union-free zones of the US. Seldom, however, are they actually manufactured here — essential parts for assembly are imported. There is no question that the automobile industry has improved because of Japan, Korea and Germany stressing quality. Conservatives like to blame the old time ...

The business world fears a government solution to the health cost crisis that has risen 38% since 2001 in retaliation for the relatively effective hold on costs during the 90s. If their fear is justified then the captains of industry and the sergeants of small business should unite and fight the obvious profiteering of the medical industry and medical insurance companies. If a giant company like Ford can rollover on the directive of insurance companies, then something is rotten in the economy. ...

Americans continue to pull the wool over their eyes that it doesn’t matter that they are selling their souls to protect the instant comforts of their bodies. To believe that runaway trade deficits don’t matter as long as there are foreign countries that are willing to accept liens on our assets because of our huge consumption is tantamount to the runaway domestic credit extension to individuals that in the long run will result in bankruptcy as wage earners’ capacity to meet consumption is in t...