Latest Blog Posts for What Needs To Go Right

• Making Up Money
  on Jan 11, 2013 in gold local currencies money time banks state banks Treasury 1.2 quadrillion trillion dollar coin AIG Derivatives Federal Reserve bit coin interest rates
  The trillion-dollar coin is getting a sustained amount of press these days.  Essentially the idea is that if the Republicans continue to be intransigent about raising the debt ceiling the President could use the law that allows the Treasury to m...
• The Risk of the Single Metric
  on Dec 14, 2012 in excellence profit Costco risk management Sandino Jim Cramer Risk Apple corporate theft Wal-Mart Jim Reeves Donald Trump Chen
  Over the past several decades the number of metrics used to measure a company’s worth have narrowed to one: profit.  The formula is simple Profit = Excellence You can find this simple construct in everything from the bombastic pronouncem...
• The debts will not be paid
  on Jan 2, 2012 in balance the budget quantum money debt physics
  The debts will not be paid.  Not the sovereign debts, the corporate debts, the municipal debts or the personal debts. This is not a question of moral hazard nor is it a slogan on a piece of cardboard or line out of an Internet manifesto. ...
• The Certainty of Uncertainty
  on Dec 12, 2011 in Taleb uncertainty confidence Tversky Hyland Risk quantum economics certainty Kahneman Einstein
  Over the past year we have heard intermittent calls for the restoration of confidence, usually by those who would relax all manner of regulation and oversight of commercial and financial ventures.  The past, it would seem, adds credibility to th...
• Truth in America
  on Jan 26, 2011 in bankruptcy Irish QE2 forclosures State of the Union truth Tunisia
  Truth is an emotion applied to a set of facts.  President Obama stated early in his State of the Union speech:   “Two years after the worst recession most of us have ever known, the stock market has come roaring back.  Corporate prof...
• The Risk of War in Korea
  on Dec 6, 2010 in DMZ Wikileaks north Korea China Tae Kwon Do South Korea
  Regardless of your opinion about the existence and intent of Wikileaks perhaps the most surprising thing about the internal diplomatic cables that have been revealed to date is that they are not very surprising.  The Karzai brothers are corrupt...
• Separation of Bank and State
  on Nov 28, 2010 in Ireland Federal Reserve TARP Portugal Spain ECB
  There is currently a series of commercials on American television promoting an operating system used in many of the new smart phones.  In one version of the ad there is a man standing at a urinal, relieving himself using one hand and texting wit...
• The French and the Fat Lady
  on Nov 22, 2010 in Fat Lady France David Brooks banks debt based monetary system Stalin fiat currency run on banks Eric Cantona
  Every American school child learns of the exploits of the Marquis de Lafayette during the Revolutionary War.  Some go on to read Alexis de Tocqueville’s Democracy in America and learn of the author’s admiration for the establishment of our d...
• Fear, Rage and Bad Decisions
  on Nov 14, 2010 in Fannie May rage Kesey One Flew Over the Cuckoo's Nest fear Freddie Mac DSM
  I spent the first ten years of my adult life working in psychiatric facilities – in those days called mental institutions of even “loony bins” by my insensitive friends.  I got the job right out of college.  I simply showed up at the...
• It's the money, stupid.
  on Nov 7, 2010 in Nicholas Taleb Federal Reserve debt jobs BOJ
  Some thirty plus years ago I read a book entitled Man’s Worldly Goods, The Story of the Wealth of Nations by Leo Huberman.  Mr. Huberman was an avowed socialist and co-founder of The Monthly Review – a dyed in the wool lefty if there ever wa...

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