Flag

Flag

I have been seeing a lot of US flags out lately and, while I’ve never been a flag waver, I’m planning to plant one in my yard. I’m sure there are a number of reasons people are displaying flags. Here is what it means to me. For me, the flag of the United States does not stand for “law and order”. The Boston tea party was a violent, property destroying, act of civil disobedience. The entire American Revolution was viewed…

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Economic Common Sense – Government Debt & Taxes

Economic Common Sense – Government Debt & Taxes

Perhaps you’ve heard the term “Keynesian Economics” but aren’t sure what it means. Well, the basic idea of Keynesian Economics was around way before Maynard Keynes and can be illustrated by a couple of well known stories, one of them from the Bible. Simply put, the most basic idea is that one should save during fat times so one can spend during lean times. This is so common sense that it almost seems silly to restate it, but unfortunately US…

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Thoughts on Bitcoin Investing

Thoughts on Bitcoin Investing

The other day I was speaking to a friend about Bitcoins and referred to them as Beanie Babies for Techies. As an investment, Bitcoin is right up there with those infamous stuffed toys, Pokémon cards, and Danish tulip bulbs in 1600 – all examples of enormous speculative bubbles. The opinions on Bitcoin are generally framed in terms of economists versus the tech savvy, but the arguments against Bitcoin as a currency are strong on both sides. A recent series of articles…

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