![Doom [Reader Post]](https://www.floppingaces.net/wp-content/uploads/2012/09/6022046_d8198afadc_m.jpeg)
by mossomo | Oct 1, 2012 | Economy
I’m channeling the Monty; bringing you a healthy dose of DOOOOOM – one lump or two? Global economic growth has collapsed. WTO cuts global trade growth outlook. US durable goods orders dived 13.2 percent, the largest drop since January 2009. Double dip, data suggests...
![Institutionalized Failure [Reader Post]](https://www.floppingaces.net/wp-content/uploads/2012/07/TooBig2.jpg)
by mossomo | Jul 13, 2012 | Economy, Politics
I just read a most excellent thesis by Daniel Greenfield, who you may know as Sultan Knish. It starts: Too big to fail” empowers “too big to fail” systems and “too big to fail” economies. Encouraging debt and the eventual assumption of debt passed on and commodified...
![Poverty has to “exist” if we are to fix the problem of poverty [Reader Post]](https://www.floppingaces.net/wp-content/uploads/2012/07/depression-poverty2.jpg)
by mossomo | Jul 6, 2012 | Economy, Politics
Hear me out. I’ll end this with a cherry on top, a simple five second mental exercise that exposes the fallacy that is known as wealth disparity. CATO: Federal welfare spending in fiscal year 2011 totaled $668 billion***, spread out over 126 programs, while the...
![Obama says the previous economic model has failed [Reader Post]](https://www.floppingaces.net/wp-content/uploads/2012/06/obama-economy-4a.jpg)
by mossomo | Jun 18, 2012 | Barack Obama, Baracks Broken Promises, Economy, Education, Obamanomics, Politics
Saying stuff like that… is just dishonest. Allow me a couple observations I realized over the last few years. The middle class had metrics for success: – House ownership – College education – Nice cars But the above metric, doesn’t necessary mean you...
![Peak Government: The game is up [Reader Post]](https://www.floppingaces.net/wp-content/uploads/2012/05/peak-government2.jpg)
by mossomo | May 24, 2012 | Barack Obama, Baracks Broken Promises, Economy, Europe, Obamanomics, Politics, Taxes
The house of cards will crash. Call it peak government. The game is up. If we will not impose discipline on ourselves, the market will do it for us. – Monty It amazes me that this far in the recession the only solution they have is to increase taxes. It doesn’t...
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