Category Archives: Unhappy Days

Would You Buy/Keep This Stock?

Investors are urged to periodically ask themselves, “If I did not already own this stock, would I buy it now?” If the answer is no, perhaps it’s time to sell. In the past, I’ve asked that same question of things … Continue reading

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Business Porn

A venture capitalist I heard several years ago spoke of a startup’s income or revenue projections as “business porn”, all fantasy with no reality constraints. Startups with actual income or even some profit weren’t as interesting. Looking at Trump speech … Continue reading

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Capitalism 4.1

The more capitalism makes the news, the less appealing it looks. If I look at other systems, I see similar problems. It’s not the structure per se, it’s the degree to which greed is tolerated and/or celebrated. Greed is destroying … Continue reading

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Right to Organize

Public corporations are capital organizing for increased impact and negotiating power. Unions are labor organizing or banding together for increased negotiating power. The former looks like it is enshrined in our culture and law. The latter is under attack, often … Continue reading

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How to Increase US Economic Mobility

The United States has ceased to be “Horatio Alger’s America – a country defined by the promise that whoever you are, you have the same chance as anyone else to rise, with pluck, industry, and talent.” Restoring America’s Economic Mobility … Continue reading

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Lincoln and the American Dream, Still a Struggle

A book review by Walter Brueggemann in the Christian Century lead me to “A Just and Generous Nation”, by Harold Holzer and Norton Garfinkle, a historian and an economist, respectively. The overall theme is Abraham Lincoln’s fight for the American … Continue reading

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Good Governance and Healthy Economies

The Nobel Prize in Economics was awarded to Angus Deaton for his work analyzing poverty, consumption, and economic health. His conclusion was that strong governments are needed to create the conditions under which people can have a predictable enough economic … Continue reading

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Reverse Robin Hoods

Available statistics suggest that the average unbanked family spends more on financial transactions than they do on food. When the Bank Robs You includes the above frightening statistic. Here in Texas payday loans are limited by law to no more … Continue reading

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Why I Dislike Putting My Retirement in Wall Street’s Hands

As more and more news emerges just how corrupt and greedy Wall Street is (see Cities and States Across the Country Are Paying Massive Secret Fees to Wall Street), the harder I try to Disintermediate Wall Street (DWS). That is, … Continue reading

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Capitalism – Where Did It Go Wrong?

Free markets (or even better, fair markets where no one can manipulate them), investments, and entrepreneurship have a lot of potential for the common good. But modern corporations seem to have stopped serving the social good that was their original … Continue reading

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