The Grab for Power

The other day Warren Buffett wrote “OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.”  The rest of the NY Times Op-Ed piece goes on to explain why he and […]

Gold Standard Wisdom: Let’s Go Back to Flint Knives, Too.

We’ve been hearing a lot about the gold standard lately from Tea Party loyalists and those pandering to them.  Specific elements of their philosophy and social agenda have become talking points and gained legitimacy that 10 years ago would not have been there.  Is it because the ideas have legitimacy or because people are desperate?  […]

The Decline of a Civilization, Part 2

A little reminder of recent history.  In the German presidential election held on March 13, 1932, there were four candidates: the incumbent, Field Marshall Paul von Hindenburg, Hitler, and two minor candidates, Ernst Thaelmann and Theodore Duesterberg. 70 percent of the German people voted against Hitler.  The fanatical minority remained on the fringe and there […]