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Raising the Roof 6 – Panic

Today the Dow Jones Average dropped 500 points after dropping 800 over the past 10 days.  How is that possible?  I thought Congress and the president had saved us by raising the debt ceiling. I thought Wall Street liked certainty and Tuesday’s deal for raising...

Raising the Roof 5 – Puzzlement

Well, the Debt Ceiling debate has ended.  The deadline was August 2 and that’s when the politicians finally got around to doing something.  The “whimper-instead-of-bang” conclusion to the debate had few surprises: the debt ceiling was raised (yawn),...

Raising the Roof – 4

Part of my family lore is that, through my paternal grandmother, I’m descended from Davy Crockett.  Maybe I am and maybe I’m not.  Someday I’ll join Ancestry.Com and find out. There’s a Davy Crockett story from his time in Congress that bears...

Raising the Roof – 3

I’m tired of the Debt Ceiling debate, mainly because I don’t think anything meaningful will come out of it.  A recent poll showed that 69% of Americans don’t want the Debt Ceiling raised, but prefer that the Feds learn to live within their means. ...

Local Wisdom

Living in the Atlanta metro area as I do, I’ve watched several locally founded companies like Coca-Cola, Delta Airlines, Turner Broadcasting, and Home Depot.  Being an entrepreneur myself, I appreciate these rags-to-riches companies’ stories. So I was...

Praying For a July 4th Miracle

This morning in church my pastor mentioned Dr. Yousef Nadarkhani, a Christian pastor in Iran.  Yes I know, is there such a thing?  Well, perhaps not for much longer. Yousef is condemned to die for the crime of being a Christian and protesting the fact that his son was...

Shunning Populism

During his speech about the debt ceiling on Tuesday, which I was not able to hear in its entirety, President Obama said something curious. He criticized Republican lawmakers of grandstanding on the debt issue so they could get on “cable news”. You...

Raising The Roof – Part Deux

The House of Representatives just voted down a measure to raise the debt limit to more than $14 trillion.  The vote was more than three to one against the bill.  That doesn’t mean everyone who voted against it didn’t want the debt ceiling raised; many...

“Obscene Profits”

There’s a broken record in the media right now.  It’s playing “Obscene Profits…Obscene Profits…Obscene…”  So I got to thinking, how do you define “Obscene Profits?” In my last post, I pointed out that many people,...

Can You Say “H-Y-P-O-C-R-I-S-Y”?

Perhaps nothing illustrates better how Democrats don’t understand economics than the effort now underway to punish the oil companies for the current increases in gasoline prices.  First suggested by President Obama, the Senate tried but failed to pass a bill...