Ever since my first car, a basic 1965 Chevrolet Nova, I’ve always owned a GM car. Before buying my 2008 Chevrolet Malibu (reviewed here), for the first time in my life I considered foreign cars. My wife was born in Detroit as her dad worked at GM as his did his father. Actually her current [...]
Archive for the ‘Economics’ Category
On GM
Posted in Economics, tagged Auto Industry, Bailout, Economy, General Motors, GM, GM Bankruptcy, U.S. Automakers on June 3, 2009 | 6 Comments »
On a Buy American Quiz
Posted in Economics, tagged Brands, Business, Buy American, Consumerism, Consumers, Economics, Foreign companies, Foreign products, Politics on May 12, 2009 | 7 Comments »
I recently had a conversation with a person promoting the importance of Buy American. Being the economic world is much different today than in yesteryear, I couldn’t resist the challenge.
After telling him I understood his convictions, I challenged him to practice in his daily life what he preaches. For instance he had to refrain from [...]
On Timely Financial Information
Posted in Economics, Politics, tagged Banking, Banking crisis, Bryon Dorgan, Congress, Democrats, Economy, Financial Crisis, Gramm-Leach-Briley, Republicans, TARP on March 31, 2009 | 8 Comments »
This isn’t what I had planned today, but this is too good to pass. Yesterday I saw an interview with Senator Byron Dorgan (D-ND). Seems he called our financial crisis from the Senate floor in 1999. Here’s the interview, and then the rest of the post provides additional resources. “Thank you” public record for allowing us [...]
On Economic Shorts
Posted in Economics, Politics, tagged AIG, Bailouts, Budget debt, Democrats, Federal Budget, Government Spending, Partisans, Republicans on March 26, 2009 | 8 Comments »
On the Budget Debt
Basic economics teaches that an important role of government is to stimulate the economy during down times through investment. Although this ideal supports the current approach by the Democratic Congress and President Obama, the fact that the previous administration and a Congress (controlled by both parties during that time) miserably failed to [...]
On Bummed
Posted in Economics, Life, Politics, tagged Culture, Economy, Humans, Life, Race, Recession, Society, World on February 21, 2009 | 6 Comments »
Readers who have been here before will probably not a different tone, so I admit … I’m bummed.
There’s a lot of bad news these days. Not that the media used to be cheerful, but the nature of difficult times is applied each day. I can’t recall ever feeling this disturbed about the big picture. Yes, [...]
