Fiscal Cliff – Fiscal Slope – Fiscal Escalator – Fiscal (Insert here) – Does it Matter? 2

By Daniel McKay
Fiscal Cliff - Fiscal Slope - Fiscal Escalator - Fiscal (Insert here) - Does it Matter?
If you have been following the blogs of Paul Krugman, Simon Johnson, or the aggregator Economistsview like me, you’ve probably seen multiple posts about the fiscal cliff, fiscal bomb, fiscal slope etc. The general consensus is that our budget adjustment scheduled to be taken at the beginning of January will be more gradual and hurt less ...

Princeton Moses Gbah: The Republican Party’s Path Forward 1

By Princeton Moses G.
Princeton Moses Gbah: The Republican Party's Path Forward
Decades from now, when Political Historians are analyzing their way through the archives of American Political History, they shall conclude with unanimous certitude, that the 2012 Presidential Election results were indeed an insidious apogee of the Republican Party’s descent into political abyss. A defeat brought upon by political malpractice, self-injurious behavior foiled amid a tidal-wave ...

Political Posturing in the Fiscal Cliff Deal – Another Look 1

By Daniel McKay
Political Posturing in the Fiscal Cliff Deal - Another Look
Both the Democrats and Republicans drew lines in the sand in recent days about what their side is willing to give in the debt deal. With these lines drawn, we are beginning to see what the battle will look like, and our predictions are being recognized. Obama and Democrats came out early and said that ...

The Government’s Budget and the Economic Tightrope 4

By Daniel McKay
The Government's Budget and the Economic Tightrope
Now that the elections are over, we are sitting less than two months away from what I would consider a catastrophic budget resolution. It is politics, not economics that has dictated the fiscal cliff – and I suspect unfortunately that it will be politics again, not economics that determine what the solution will be. The ...

The Rolling Jubilee – Occupy Still Taking on the Banks

By Daniel McKay
The Rolling Jubilee - Occupy Still Taking on the Banks
I was recently informed of a new movement being orchestrated by Occupy Wall Street group (OWS), called Rolling Jubilee. Coming from the previous position that OWS was well-intentioned but lacked real movement potential I didn’t expect to see much of them – so with this I was surprised. The idea? Buy debt that is sold from the ...

The Politics of Extremism was dealt a Severe Blow on Election Day 1

By Princeton Moses G.
The Politics of Extremism was dealt a Severe Blow on Election Day
  In 1964 the Republican Party’s nominee for President of the United States, the Senator from Arizona, Berry Goldwater during his nomination speech proclaimed to his party as a precaution that, “Extremism in the defense of Liberty is no vice, and moderation in the pursuit of liberty is no virtue.” But on the issue of ...

Obama wins re-election bid. What to expect the next 4 years 3

By Daniel McKay
Obama wins re-election bid. What to expect the next 4 years
Well the election is over, and as the results have come in we can officially announce that President Barack Obama will remain at the helm for the next four years. So now the question is, what can we expect the next four years? During campaigns we see a lack of movement in government, congress gridlocks ...

Are We Subsidizing the Wal-Marts and McDonalds of America? 1

By Daniel McKay
Are We Subsidizing the Wal-Marts and McDonalds of America?
I’m not a huge fan of Wal-Mart, although I can say I’ve strolled the aisles. For me it isn’t just their employment policies, their enormous size and leverage on domestic suppliers, or that they aimed to profit off the deaths of their employees. It’s my compassion for fair employment and the burden it places on ...

The Death of Facts 5

By Daniel McKay
The Death of Facts
We live in a world where facts matter. Knowing that if I eat arsenic I die, or leaving my car on inside the garage shuts down the supply of oxygen to my body and leads to death can save my life. Facts are things that can’t be avoided, even if you choose to ignore them- ...

‘Fool’s Gold’ 1

By Princeton Moses G.
'Fool's Gold'
“Morning Joe” host, Joe Scarborough often refers to the Republican Party’s futile efforts to win the State of Pennsylvania as “Fool’s Gold,” because every election cycle, the Party invests an exorbitant amount of time and money into the state, just to see the fruits of their labor on Election Night slowly enveloped into atrophy, like ...