Criticism continues to grow about the Geithner Plan (the , which is just a refurbished version of the original Paulson Plan. The consequences of this plan’s failure — operational or political — could be severe.  Squandering the momentum of Obama’s first 100 days in office could make later and bolder economic plans difficult to sell. Political …
Our descendants will wonder how America fell from a pinnacle of prosperity and power such as the world has never seen. Our policies for the past thirty years have been both astonishingly foolish and broadly supported by America’s elites (Left and Right). This note focuses on the core of our irrational economic policy, the “twin …
We have been warned. Death of the post-WWII geopolitical regime Read More »
After fifty years, the post-WWII geopolitical regime has become frail. Chapter One of this series considers the US economy, and what lies ahead for America — the hegemon of the current global order. Our friend, Smokey the Bear In the late 19th Century the goal of preventing forest fires gained wide support in the US. …
Summary: Part three of four part series.   Here is part one, part two, and part four. Forecast #4: bankruptcy Perhaps only a crisis will catalyze America’s transition to a new form of government. There is no lack of candidates. The last stone in the foundation of America’s greatness was laid by Alexander Hamilton, who as Secretary of the …
Forecasts – Why wait? Read tomorrow’s news … today! (part 3) Read More »
