Tag Archives: Economics

Down with Capitalism, says Jesuit

Well, heck, he’s down in S. America, where it’s paddy-bar-the-door when it comes to left-wing economic analysis   Read it here: Crisis and survival.

But God knows how many Norteamericanos applaud him, in or out of the Jesuits.

Federal Spending doing quite nicely, thank you

Graphic display bordering on pornographic.

Oh those puny cuts

It hurts when he laughs about laughably small spending cuts.

Give those Republicans credit

Good econ news has White House happy, says Larry Kudlow.  But “sublime irony” in that:

The wake-up in job creation is a function of Republican policy. After all, for two years the Obama Democrats spent themselves into oblivion, with over $1 trillion of so-called big-government stimulus. Didn’t work. By the end of last year, that failed stimulus wore off, and it was replaced by Republican tax cuts.

Remember that in mid-December, after his election shellacking, President Obama signed a deal that extended the Bush tax rates across the board. The top marginal rate stayed at 35 percent. Investment tax rates for cap-gains and dividends held at 15 percent.

Most business people I know — folks who work in both large and small companies — welcomed the tax-rate freeze as a sign that maybe the war against growth, capital formation, and small business was either coming to an end or at least a two-year truce.

So, presto, the jobs numbers start jumping in the new low-tax year.

War against growth, yes.

How to help poor people

The rich with their dogs, ca. 1925-ca. 1945 / ...

Rich people with dogs

Soak the rich? Forget about it.

Fourteen? No problem!

Rally for Planned Parenthood

These ladies would never do such a thing.

Newsalert has an undercover video of Planned Parenthood woman giving advice to a pimp with underage prostitutes.

For instance, in the two weeks of inactivity after an abortion, “waist up, waist up.” That way, she can earn her keep while recuperating.

It were better for the Planned Parenthood woman to go swimming with a millstone around her neck and be drowned in the depth of the sea.

Legalize, legalize, legalize

Various prescription and street drugs may caus...

Samples

Former UK top drug official Bob Ainsworth to the House of Commons:

“We need to take effective measures to rob the dealers of their markets and the only way that we can do that is by supplying addicts through the medical profession, through prescription. We cannot afford to be shy about being prepared to do that.

“We spend billions of pounds without preventing the wide availability of drugs. It is time to replace our failed war on drugs with a strict system of legal regulation, to make the world a safer, healthier place, especially for our children. We must take the trade away from organised criminals and hand it to the control of doctors and pharmacists.”

Imagine that.  Organized criminals would lobby against it.

John McWhorter argues further, cogently, for the end of prohibition.

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Ready for reform in Chicago?

You think you know achievement in your life?  Compare it with this, from pdb at Chicago’s long-overdue Department of Zoning Oversight Fellowship Forum:

Zoning dept-Pete

It’s as old as dirt, but what better way to nurture hope than through change, or the promise of change. Obama did it, see sweeping election. What comes after is open for analysis. The first and second quarter reports are in for the recent changes in the DoZ, and this Intern can’t find anything to complain about, although he’d like to.

Take this: interior renovation of a commercial storefront in a historic skyscraper down by M. Park. Only days before the scheduled appointment, the architect is able to push it back (2) days; no muss, no fuss.

Read the rest, a.k.a. Adventures of Super-Intern, saving the building world from mindless bureaucracy.

Down-home cooking for Nigeria, Namibia, et al.

African arteries, get ready for clogging.

Good news:

The improved political stability of various African governments, the region’s vast population and a growing middle class in Africa—where chicken is a dietary staple—led [KFC owner] Yum to set its sights on the continent.

Why is there gold in them hills?

Approximately 40% of Africans live in urban areas now and the number of households with discretionary income is projected to increase by 50% to 128 million over the next decade, according to a recent study by the McKinsey Global Institute

It’s a trend:

“People are now focusing on the emerging world, with a bit of a gold rush going on,” says Graham Allan, CEO Yum Restaurants International.

“A lot of companies, especially Chinese ones, have invested in Africa,” Mr. Allan adds. “We share the general view that Africa over the next 10 to 20 years will have massive potential.”

Of the roughly one billion people in Africa, KFC estimates it currently reaches 180 million.

It’s what you call an emerging market, about to be served (exploited, say you class-warriors) by global capitalism.  Very good, but can cholesterol-reducers be far behind?  Maybe from a tree in India?

Maybe not, in view of African tastes:

The menus at African KFCs are similar to those in more developed markets, albeit with more chicken drumsticks and wings, and fewer boneless items such as sandwiches and nuggets.

“Africans are wary of processed food,” says Keith Warren, general manager of Yum’s Africa business. “They want chicken on the bone.”

Who doesn’t?

Auditing with intent to prosecute

Journal of Forensic Accounting

Today's topic

Forensic audit is apparent cornerstone of Tea Party efforts in fading Illinois. Forensic audit?

Application of accounting methods to the tracking and collection of forensic evidence, usually for investigation and prosecution of criminal acts such as embezzlement or fraud. Also called forensic accounting.

Read more: http://www.businessdictionary.com/definition/forensic-audit.html#ixzz179Ul6ty3

From which you may gather why the state’s politicos do not favor it, same ones who favored such an audit of Medicaid in Illinois. In the one you endanger politicos, in the other docs and patients.

On the other hand, docs said in 2008 they were being paid too late.

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