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Category Archives: Finance and economics

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Another domino theory: Europe and the global economy

The New Neo Posted on May 17, 2010 by neoMay 17, 2010

There are frightening financial rumblings from Europe. It’s not just about Greece, either, nor even limited to Europe. The last few decades have intertwined the economies of the entire world more tightly than ever. This seemed like a good idea … Continue reading →

Posted in Finance and economics | 61 Replies

The 2010 US election: as Europe goes…

The New Neo Posted on May 13, 2010 by neoMay 13, 2010

…so goes the 2010 US election?: …[I]t does appear to many that within the Obama administration and the Democratic congressional leadership there is the sentiment that America would be a better place if it were more to resemble Western Europe… … Continue reading →

Posted in Finance and economics, Liberals and conservatives; left and right, Politics | 56 Replies

Wall Street mystery

The New Neo Posted on May 11, 2010 by neoMay 11, 2010

Do we yet have any idea what actually happened that day the market fell so precipitously? [NOTE: This guy says he knows why it happened. But to me, his explanation sounds like “it happened because it happened.” Why did it … Continue reading →

Posted in Finance and economics | 29 Replies

Jobs added, unemployment up

The New Neo Posted on May 7, 2010 by neoMay 7, 2010

Seems like a oxymoron, no? But not really: Beyond government jobs, the report showed that the private sector created 231,000 jobs. Manufacturing continued to trend up, rising by 44,000. The industry, which is leading the economy’s recovery, has added 101,000 … Continue reading →

Posted in Finance and economics | 17 Replies

Venezuela and the failure of socialism

The New Neo Posted on May 1, 2010 by neoMay 1, 2010

It’s no surprise that Hugo Chavez’s socialist state of Venezuela has fallen on hard times. They are well-deserved; Chavez had to work hard to achieve the decline in a nation that has rich natural resources on which to draw. The … Continue reading →

Posted in Finance and economics, Latin America | 11 Replies

Obama and Sowell: who can tell when people have made enough money?

The New Neo Posted on April 30, 2010 by neoApril 30, 2010

Remember Barack Obama, Joe the Plumber, and “spreading the wealth?” It seemed a surprising revelation at the time. But Obama’s income redistributive tendencies have become an old and familiar story, if hardly a ho-hum one. Now Obama has done it … Continue reading →

Posted in Finance and economics, Liberals and conservatives; left and right, Obama | 62 Replies

Will the Republican Charlie Browns…

The New Neo Posted on April 30, 2010 by neoApril 30, 2010

…ever catch on to the Democrats’ Lucy and the football?

Continue reading →
Posted in Finance and economics, Politics | 12 Replies

Feeding at the public sector trough…

The New Neo Posted on April 23, 2010 by neoApril 23, 2010

…will bankrupt us. The powerful public sector unions have obtained unsustainable benefits for their retired members, and the bills are coming due.

Continue reading →
Posted in Finance and economics | 11 Replies

Will House Dems say “We don’t need no steenking budgets”?

The New Neo Posted on April 16, 2010 by neoApril 16, 2010

This House of Representatives seems intent on making history, and it’s not a good sort of history. If passing a budget—or even proposing one—causes problems and the need for debate with opponents, then hey, why do it? After all, money … Continue reading →

Posted in Finance and economics, Politics | 10 Replies

Goldman Sachs in trouble

The New Neo Posted on April 16, 2010 by neoApril 16, 2010

The SEC has charged Goldman Sachs with “defrauding investors by allegedly marketing a financial product tied to subprime mortgages without telling them a big hedge fund was on the other side of the trade.” My first question was one which … Continue reading →

Posted in Finance and economics, Law | 32 Replies

Thoughts on tax day

The New Neo Posted on April 15, 2010 by neoApril 15, 2010

[NOTE: This is an edited version of an essay of mine from the past.] Today is April 15th. This means that, along with millions of others, I’ll be making my way to the copy machine and then on to the … Continue reading →

Posted in Finance and economics, Me, myself, and I | 6 Replies

Next on Obama’s hit list: small contractors

The New Neo Posted on April 12, 2010 by neoApril 12, 2010

It may have slipped under your radar screen, as it almost did mine. But I was talking to a friend who owns a small home remodeling business and he reminded me that on April 22 (Earth Day!) new EPA regulations … Continue reading →

Posted in Finance and economics, Obama | 61 Replies

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