An accountant friend would tell a story of the 1980 Savings and Loan collapse. He attended a meeting where the board members watched a presentation recommending that they upgrade their corporate jet to the latest model for several million dollars. After the presentation ended the chairman stood up and announced their S&L was insolvent and […]
Capitalism for the Gains, Communism for the Losses I was taught very young in my life that “A Fool and His Money are soon Parted”. Except if you live in a country with a government that protects the wealthy and taxes the poor. This was the case with the failure of the Silicon Valley Bank. […]
This quote that several weeks ago went viral on the internet appears to have been inspired by a passage from author Kurt Vonnegut’s 1963 Novel CAT’S CRADDLE: The quote that came across my e-mail two weeks ago was wrongly attributed to naturalist writer David Attenborough. I just couldn’t imagine a naturalist designing such an experiment. […]
81 years ago, today Japan attacked our navy at Pearl Harbor. Thousands of servicemen lost their lives. Even today there are somewhat wild theories as to why Japan did so. I just read in the paper that Congress has passed a law that prevents the railroads from striking. A railroad strike would have been devastating, […]
Even prior to Covid, across our country, in all parts of our economy, there has been a decline in the “work ethic”. Doctors, lawyers, accountants, and engineers are working less, and their productivity has declined significantly over the past 10 years. Teachers are working less and asking for higher wages at the same time. Same […]
Inflation is defined as an increase in the money supply. Inflation can also be caused by an increase in the rate in which money is spent. The president or Congress can budget more money for certain projects, or to help those suffering loss due to the recent pandemic. But this does not affect prices until […]
We live in a material world and because of that we live our lives in the context of scarcity. We are called on to work by the necessity of having to provide for ourselves, our families, and our neighbors. In the creation story in Exodus God himself is seen as “working”, ultimately creating His greatest […]
Have you noticed that in the last 6 months there have been a lot of new people working in supermarkets, retail shops, landscaping and home building? If you haven’t you need to take your blinders off. Has anyone been keeping tabs on the immigration issue in our state? I’m not sure the people who are […]
My best friend in life and adopted brother is Fr. Lance Krzywicki. Before becoming a Catholic Priest, Fr. Lance was a Wall Street Attorney and Financier. While in New York he became friends with Cardinal John Joseph O’Conner. On Holy Saturday of 1987 I became a member of the Catholic Church after undergoing ” The […]
Bob has 40 years of experience as a Senior Executive on Wall Street Who Really Runs America? When you look at who is really controlling our country you need go no further than the major investment firms on Wall Street Black Rock, Vanguard, and State Street. Think about the fact that in 2028 two of […]
I have received many e-mails and read the posts on articles I have written regarding my charges of corruption in Idaho Politics. Corruption doesn’t have to be illegal, but the longer it is allowed to occur, the less transparency there is in government, and the more likely it is to become illegal. Conservatives need to […]
“I would rather be governed by the first 2,000 people in the telephone directory than by the Harvard University faculty,” William Buckley famously said. It looks as if his worst fear is being realized. Or by Congress or by many of our State legislators and Governors—especially in Blue States and inner cities. Is Idaho a “Blue […]