Category Archives: economy

Two Weeks And Counting

The US Federal Government shut down has entered its third week. Parks and Federal offices have been closed, over 380,000 federal employees have been furloughed and more than 420,000, such as the TSA and the Coast Guard are working without pay because Congress and the White House have not funded their agencies due to Trump’s […]

The Best Of Days

Every Tuesday morning Earl flew into New York from Boston for meetings at his investment firm’s main office. Traffic on the highway from the airport was lighter than the previous month. A telling sign of the failing economy. No wait at the Midtown Tunnel’s tollbooths was another. The drive to 57th Street and Madison Avenue […]

The ‘Trickle Down’ or More Appropriately the ‘Piss Down’ Effect

During the early years of his administration President Reagan was attempting to sell tax cuts for the rich. The public wasn’t buying this proposal until David Stockman, the White House budget director, suggested that if the rich get more money, the wealth will ‘trickle down’ to the masses, thereby forming a key formula for what […]

The Revenge of LBFMs

Men come to Pattaya for one reason. It is not golf or the beach. They come for the girls. The Thai girls offer ‘companionship’. Farang men are obliged to exchange money for this friendship, even if it’s for as little as an hour. Almost everyone understand the dynamics of the exchange, however newcomers to the […]

International Write-Off Day 2015

. Julius Caesar returned from the conquest of Gaul and paid off the hoi polloi’s debt. The rich were bribed with gold. Romans called this holiday a ‘jubilee’ and the common man extolled Caesar. They were no longer slaves to the upper classes, who hated Caesar for disrupting the ancient social order. Caesar thought that […]