Steadfast FinancesPolitics Archives - Steadfast Finances
Viewing Category » Politics
13 November 2011

Congressional Insider Trading Activity Finally Goes Mainstream

Someone in mainstream media, and it’s not all that surprising it’s 60 Minutes, finally got around to covering one of Congress’ most astonishing ethical, moral, and soon to be illegal, violations of holding public office… politicians trading on insider information.  Brief clip: Insider trading on the stock market: if you are a member of Congress, […]

3 August 2011

Fake Prosperity: U.S. National Debt Growth vs. GDP Growth

If you’re a member of Gen X and Gen Y, this is probably the scariest chart you will see in 2011, and possibly, right up to the time you’re old and gray. As you can clearly see, the crony capitalism, fake prosperity, recycled Keynesianism memes et al., have been a great benefit to the U.S. economy… right […]

17 July 2011

The Hypocrisy of the Republican Debt Ceiling Debate

US Government Spending: Why the Republican Argument of “Obama is a Keynesian” Doesn’t Hold Water. ~ ~ ~ Being an idealist, I’m easily repulsed from any person/organization that I lose respect for. Case in point, the reason why I said goodbye to the Grand Old Party was because they’ve completely gone off the deep end […]

26 April 2011

Lobbyist Dollars: The #1 Problem in Contemporary American Politics

 Politics         4 comments

If you want a simple explanation of the root cause of America’s political and economic woes, this chart represents it. As Teddy Roosevelt so famously said: There can be no effective control of corporations while their political activity remains. To put an end to it will be neither a short nor an easy task, but […]

21 April 2011

David Stockman: Lobbyists Distorting Democracy & Free Market Capitalism

 Economy,Politics         5 comments

David Stockman, former Ronald Reagan budget director and one of the early creators of Reaganomics, might be one of the few Republicans still worth listening to. Unfortunately for the real fiscal conservatives, my formerly beloved GOP has no interest in listening to rational 5th grade mathematics but prefers to play shell games with the budget […]

16 March 2011

Most Bank Lobbyists are Former Government Employees

As a former federal government employee, I know all too well how in demand we were because we knew “the ropes”. Private sector human resources management often drool over certain governmental employees because we, generally, know how the system works from the inside, have solid rapports with high pay grade shot callers, and know who […]

28 February 2011

More People Believed in King George During American Revolution than in Today’s U.S. Congress

 Advertising,Politics         No comments

If you watch one video this week, make it this one from Stanford & Harvard Law professor Lawrence Lessig. Highlights: 75% of Americans believe money buys results in Congress. Only 11% of Americans have confidence in Congress. There were more people who believed in King George III at the time of the [American] Revolution than […]

23 February 2011

Facebook, Organization & Revolution

 Politics         3 comments

One has to wonder if Facebook founder Mark Zuckerburg thought about the potential to change the world on this magnitude: cause countries to shutdown all Internet access, serve as a organizational medium for national revolution, topple long standing monarchies/dictatorships, etc. First helping protesters in Iran, then helping Egyptian organizers, now setting the stage for a […]

14 February 2011

U.S. Income Growth: Reversion From the Mean

Over the long haul, the gap between incomes doesn’t seem to be all that terrible. After nearly a century, one would expect income growth to be reasonably balanced after such a large data set. However, things get a little crazy in the early 80s. More friendly tax policies, aggressive lobbying for loopholes, insane levels of […]

14 January 2011

How the Great Recession Changed Us

Interesting infographic from The Atlantic… Unemployment rate –> DOUBLED Daily consumer spending –> DOWN 47% Taxes collected from firearms & ammo –> UP 57% Savings rate –> UP 171% Personal bankruptcies from 09/06 to 09/07 vs. 09/09 to 09/10 –> DOUBLED Percentage of 18 to 29 year olds that moved back in with parents –> […]

28 December 2010

10 Favorite Neologisms & Buzzwords of 2010

I’m a self-confessed word play nut. I love the wordsmith process because it’s a constantly evolving process that illustrates new or existing concepts, that describes the etiology of new areas of study, and highlights the evolutionary process of how crowdsourcing and groupthink enriches the English lexicon. Not surprisingly, I bookmark like crazy and, sometimes annoyingly, […]

23 December 2010

Communists Bailing Out Capitalists

This sort of irony is just too good to make up… Fresh humiliation for Eurozone as China says it will bail out debt-ridden nations China has said it is willing to bail out debt-ridden countries in the euro zone using its $2.7 trillion overseas investment fund. In a fresh humiliation for Europe, Foreign Ministry spokesman […]

 Page 1 of 6  1  2  3  4  5 » ...  Last »