A Few Dollars More

Given the amount of rain that has flooded our nation’s mid-west over the last month it may be hard to believe that the United States is facing a fresh water shortage. We are not alone. Water scarcity is growing worldwide and at an increasing rate. As it does food prices everywhere will [...]

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All the news that seems fit to print these days is on the subject of oil.
This week in response to congress and the public’s demand “that something must be done” to halt the inflationary spiral of commodity prices, the United States Commodities Futures Trading Commission announced the formation of an interagency taskforce consisting of the [...]

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“What is the government going to do about these gas prices?” a client from Texas asked me recently.
He had just filled up his Chevy pick-up and it cost him over $70. Together, we complained and commiserated over the coming $4/gallon gas price. We both agreed that the McCain/Clinton proposals to cut gas taxes [...]

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Yes, by any yardstick, I’ll take a short, sharp couple of quarter’s recession over revisiting the pain of the Seventies. The problem is no one is giving you or me the choice.
Stagflation, the simultaneous occurrence of high inflation, high unemployment and slow economic growth, battered this country for 13 years, from 1969 to 1882. [...]

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