Category Archives: Economy

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Questions for Rex Sinquefield About the City/County Merger

FRED SAUER MATRIX For Immediate Release Thursday, March 24, 2016 Contact: (314) 540-1010   QUESTIONS FOR REX SINQUEFIELD ABOUT HIS PLAN TO MERGE THE CITY AND THE COUNTY St. Louis, MO—On Wednesday, March 23, 2016 Fred N. Sauer placed this ad in the St. Louis Post-Dispatch to invite St. Louisans and Missourians to a presentation


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To Understand the Angst in the Financial Services Industry, You Have to Understand the Real Consumption of Oil

This month, the Wall Street Journal ran a piece about oil consumption: Oil, at $31.41, Skids to 2003 Levels. The piece suggests that demand and consumption have driven the fluctuating prices of oil over the past few decades and are now causing a crisis in the energy industry. Several years ago I wrote a detailed


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An Unpleasant Surprise Coming

Recently, I bought gas for $2.10 per gallon, a very pleasant experience indeed. This would be a typical reaction for anyone in a market economy where cheap energy is essential for building a growing and completely diversified economy.  On the other side of the coin, there are many places where lower oil prices are not


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Why GE Should Have Taken My Advice a Long Time Ago

Several weeks ago General Electric announced they would be divesting themselves of their subsidiary, General Electric Capital Services, over the next two years. The company kept a positive spin on the move, saying “the future of GE is as an industrial company,” glossing over what is a colossal failure on the part of a company


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The MF Global Collapse Explained (And Why It Is a Crime)

Anybody using the financial services industry puts their faith and trust in a whole lot of people they have never seen or ever will. We all rely on regulators and regulations that are instituted by state and federal governments.  In fact, almost anybody who has any savings probably has them parked in one of our


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Famous Economist Inadvertently Blurts Out the Truth About Keynesian Economics

Alan S. Blinder has all the credentials and accolades which liberal elites crave.  He is a Princeton economics professor, the first member of President Clinton’s original Council of Economic Advisers, a former Vice Chairman of the Board of Governors of the Federal Reserve and one of Keynesian economics’ staunchest supporters.  Recently in a Wall Street


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Why Goldman Sachs (and Warren Buffett) Always Win

Last week’s stock market turmoil was a reminder that America continues to struggle to recover from the financial collapse of 2008-2009. Benchmarks of our economic progress, or lack of it, are over 40 million people on food stamps, unemployment rates stuck over 9%, and GDP growth slowing, as it just missed expectations of 1.3% growth.


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The Democratic Wrecking Machine

After 2 ¾ years in office, President Obama’s policies have failed to revive the U.S. economy, and have actually made things worse.  Reckless actual deficit spending for the first 2 ¾ fiscal years plus estimated spending for the final year of 2011 will aggregate to $4.864 trillion. Note that the immediate prospects for recovery are not good:


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American Taxpayers: Meet Your New Friends and Neighbors the Greeks

America expended tens of thousands of lives and immeasurable national treasure, including the Marshall Plan, during and after World War II to liberate and rebuild Europe. The United States also defended Europe throughout the Cold War while they pinched their defense budgets and capabilities in favor of massive social expenditures. With the bailouts of Europe


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Deadly Radiation for Urban Communities-Collective Bargaining Agreements

Deadly Radiation for Urban Communities-Collective Bargaining Agreements It is a tribute to the culture of America that almost from the very beginning there was a consensus that our youth deserved an education. Some of our early ocean crossers imported another of Western Civilizations’ unique achievements: In 1806 the Public School Society of New York introduced


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