“Lady, You Better Hold On, We Go For A Ride”

    (That is from the second Indian Jones movie) In his surprise concession to “Republicans”, Mr. Obama has given back (?) some and taken more. The key to this last round of TAX negotiations is simple. Put off the problem until 2012. Significant? You bet! What did he do. 1 – he is giving more money to those who don’t pay tax. A new Tax Rebate, | Read More »

    The Present Economic Failure: Closed System-Positive Feedback

    Any engineer can tell you that closed system-positive feedback allows for very rapid response to a condition that may tend to run out of specification. For example, if a plane slips to the left, you may want to turn right. And any garage band member can tell you that closed system-positive feedback can be detrimental to their concert, as is evidenced by placing an electric | Read More »

    School, Taxes and Education

    It is not of primary importance here, but this whole school and taxes and education is driving me crazy. It is a commonly believed myth that if we spend enough money we can fix anything. Well we see in the bailout, spending surge by the present ministration and congress that, no, it really cannot. If we throw money at the car industry, we can compel | Read More »