Saturday, September 7, 2013

$1Trillion is Available to Stimulate the Economy

Well over $1 trillion in cash is now held by S&P 500 companies. However, the vast majority of corporations are too scared of the economic environment, ]to act and employ the funds.


You can’t blame them, when they worry about encroaching taxation and regulatory agencies in Washington. The administration keeps informing them by word and bureaucratic action that it’s ready to impose anti-business diktats, over which Congress has often no vote or power to control.  (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.

Friday, September 6, 2013

Climate Fears Still Pay Off For Some




Since the heat waves of summer replace the dire hardship experience of severe winter, and vice versa, climate control always gets media attention.


There are adherents who treat climate control as a religion and have no doubt the earth is warming.


To others it’s a political cause that creates a road to office and helps to keep them there.


To others in government, it’s a subterfuge for quietly and indirectly raising taxes on consumers, as well as industry.


And for still others, it’s business in which you can buy and sell so-called cap and trade credits.


They market a green philosophy in a variety of industrial and consumer products that you choose to develop for profit.

The now-gullible public will find out the climate promoters can be grouped with the types who used to tell us the world would come to an end by a certain date. When that never occurred we just forgot about the quacks. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Thursday, September 5, 2013

For-Profit and Non-Profit Company Competition


Government-operation proponents are always enthusiastic about non-profit business. They rant against profit-making businesses.

The so-called non-profits can lose fortunes for their backers, while the for-profits can make pennies-on-the-dollar of sales. Yet, the government-operation fanatics remain committed to left-wing perception and deception.

It is impossible for private business to compete for long, whether it be the insurance business, health care, energy production, whatever, if taxpayer funds are grabbed by government for capital and operating needs and losses. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Wednesday, September 4, 2013

The Dollar’s Use as International Reserve Currency


The potential loss of the dollar as a reserve international currency is now underway. The ability to protect U.S. global interests in the future will be diminished in this process.

Do not treat unlimited government spending lightly. The repercussions can be extremely serious in matters of our economic and national security.

Think of what is happening with Greece and the European Union. The U.S.debt ceiling question is not important. Spending below that ceiling resolves the problem.

A budget deficit that cannot be overcome without massive taxation guaranteed to stifle economic growth, to prevent deficit reduction is a major difficulty.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Tuesday, September 3, 2013

Ben Bernanke’s Untaught Lesson From the Franklin D, Roosevelt Era


Ben Bernanke has made an avid study of the actions of Franklin D, Roosevelt during the latter’s tenure in office during the Great Depression.

Roosevelt made many errors, including raising taxes, and enormous spending after signs of economic recovery became apparent later on. In fact, he never got us out of the depression. The war effort did.

Yet, Bernanke appears to be following a similar easy-money route that is not working.

Can it be that Roosevelt’s administration, as is today's, was dedicated to class warfare and “soaking the rich”? (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Monday, September 2, 2013

Government Efficiency at Business


Whenever the government proposes a function that is now done by private industry, the taxpayer will be contributing the necessary capital and operating funds.

And will be taking all the risks that is taken on by the stockholders of private industry. As well as responsibility for the losses, which are bound to happen under government operation. Think Post Office as an example.

So be careful of any government attempt "to reduce costs" by competing with private enterprise. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

Sunday, September 1, 2013

Well-Paid Teachers Too Often Rate “D”


The National Assessment of Educational Progress has been called the Nation’s Report Card. It reported that only 23% of fourth-graders, 30% of eighth-graders, and 21% of 12th-graders were” proficient” or “advanced” on their national geography exam, given in January to March, 2010.

I saw one of the simple questions posted in the Wall Street Journal. The newspaper reported that only 33% of eighth-graders got it right.

With a student body such as this in the U.S. we certainly do not get our education money’s worth. But I do notice teachers’ unionized pay and benefits are ever higher.(See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)