I am an S.O.B. (son of a butcher). I see every issue through the eyes of my beloved butcher father David Root. That’s how I knew Donald Trump would win the election when few others did. It’s because I clearly see the attack on middle-class America. I see the dramatic decline of middle-class America. I understand […]
Tag: economics
The Cycle of Debt & A Salt Free Diet
“If you do not have economic freedom, you are not free.” This is not my quote, but came from a gathering I attended some years ago. I do not remember who said it, but it has stuck with me for many years, — decades in fact. I was reminded of it, again, when reading Proverbs […]
Complete & Total Vindication
Obama was up to his old tricks again on Tuesday with his farewell speech. Once again he lied about the economy and jobs. Or maybe I should phrase it differently: Once again, Obama chose to omit the facts. The good news is I feel vindicated. All conservatives should feel vindicated. As in… Complete and total vindication. […]
It is easy to imagine thousands of Sears and K-Mart stores sprinkled across the country. It took each of these corporations over one hundred years, including many national economic downturns and corporate bankruptcy periods to reach a point that in November 2004 resulted in K-Mart acquiring Sears for a venture encompassing assets worth 11 billion […]
Indian Casinos… Too Big To Fail!
Imagine a major Indian casino, the Mohegan Sun in Connecticut, reporting that its slot revenues reported to the state in April have “stabilized,” slipping only 1 percent. The same casino reported $1.3 billion (with a “B”) in gross revenue for 2009. However, the economy is still dark, customers have less disposable income to slough into […]