Prize

........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........

May 6, 2012

Required Reading

           Taking the view that incumbent National politicians should be tossed out of office en masse regardless of party, as we at The Post now do, some financial issues come immediately to mind:


           - massive pilfering of middle class savings through the "stock option" swindle that now funds Washington players,


           - recalculating inflation to escape facing up to the magnitude of our mounting cost of living,


           - accommodating the rigging of U.S. Treasury Bond prices, creating market disruptions that can only result in another global financial meltdown once the true cost of our National debt comes home to roost, 
             
           - refusing to quantify the scale of our un/underemployment levels, let alone find these people jobs.


           There are more, but a complete list sounds too depressing to deal with.  Whatever, that last issue is addressed in a recent NY Times piece that doesn't go far enough because it can't.  There are no numbers.  That's what not quantifying something tends to do.  The link follows:


http://www.nytimes.com/2011/07/10/business/the-unemployed-somehow-became-invisible.html?_r=1&pagewanted=all