Thursday, November 15, 2012
Turnout US presidential election 2012
Turnout dropped by 7.9 million voters, falling to 123.6 million this
year from 131.5 million in 2008. This is the first decline in a
presidential election in 16 years. Only 51.3% of the voting-age
population went to the polls.
Monday, November 12, 2012
They're basically just looking for a steady job as their own boss.
Less than a quarter of America's 27 million small businesses have
employees. An even smaller portion grow beyond 20 employees. And many of
them don't want to. New research from the University of Chicago finds
that 75% of small-business owners aren't aiming for growth at all.
They're basically just looking for a steady job as their own boss.
Friday, November 9, 2012
The 2012 presidential election results in the highest income counties in the United States:
The 2012 presidential
election results in the highest income counties in the United
States:
Mitt
Romney/Paul Ryan - 47%
|
R
|
||
Barack
Obama/Joe Biden - 52%
|
D
|
Mitt
Romney/Paul Ryan - 40%
|
R
|
||
Barack
Obama/Joe Biden - 59%
|
D
|
Mitt
Romney/Paul Ryan - 29%
|
R
|
||
Barack
Obama/Joe Biden - 69%
|
D
|
Friday, November 2, 2012
Societies that herd livestock in rugged terrain tend to develop a “culture of honor.”
Anthropologists have long noted that societies that herd livestock in
rugged terrain tend to develop a “culture of honor.” Since their wealth
has feet and can be stolen in an eye blink, they are forced to deter
rustlers by cultivating a hair-trigger for violent retaliation against
any trespass or insult that probes their resolve. Farmers can afford to
be less belligerent because it is harder to steal their land out from
under them, particularly in territories within the reach of law
enforcement.
Sunday, October 28, 2012
Jobs Shortage and Retired Shortage
Jobs Shortage and Retired Shortage
There is a Jobs Shortage in nasty jobs.
Characteristics of nasty jobs:
Three-Week Shifts of 12 hours a day
Temporary jobs
Hardworking jobs
Commodity business
There is a Retired Shortage in fancy people
Characteristics of retired fancy people:
Their financial adviser sends them about
$6,000 a month, generated from their investments.
They also collect Social Security and small pensions.
An example of the logical conundrum between quality service and free service:
Some European businesses prefer to use U.S. forecasts
because they are free, while some U.S. businesses
spend large sums for European forecasts because they
are better.
Friday, September 14, 2012
The artificial money
The artificial money, prompting low interest rates, is not being
utilized because people are still in the process of repairing their
balance sheets. The artificial excesses are simply being circulated
through loans from institution to institution to produce artificial
gains that amount to more money with nothing to back it up.
Wednesday, September 12, 2012
At the same time the government is running trillion-dollar annual deficits
When the Fed must, in Chairman Ben Bernanke's words, begin "removing
liquidity," by selling bonds, the external debt of the federal
government will rise and the Treasury will then have to pay interest on
that debt to the public. Selling a trillion dollars of Treasury bonds on
the market—at the same time the government is running trillion-dollar
annual deficits—will drive up interest rates, crowd out private-sector
borrowers and impede the recovery. Debt-service costs to the Treasury
will spiral as every 1% increase in federal borrowing costs add $100
billion to the annual budget deficit.
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