THE COALESCENCE

How Powerful Evolutionary Forces are Transfroming Seven Billion Individual Humans Into a Single Harmonious Social Organism

Month: July 2011

ECONOMISTS AND FINANCIALIST

Economics: “A social science concerned chiefly with description and analysis of the production, distribution and consumption of goods and services.” Finance: “The science or study of the management of funds.” Since every step in the production, distribution and consumption of goods and services involves the management of funds, the two sciences have become inseparably intertwined. […]

BEWARE OF 4-PAGE AGREEMENTS

This past Tuesday, President Obama got all excited about the possibility of ending the budget/debt deadlock in Washington as the result of a four-page “Bipartisan Plan to Reduce Our Nation’s Deficit” prepared by a bipartisan gang of six senators. That same day the Dow Jones Industrial Average rose 202 points or 1.6 percent. Yesterday the […]

OH, THE DRAMA!

Could it possibly get any more exciting? The world’s two largest economic powers, the United States and the European Union, both on the brink of disaster. At the same time. And for the same underlying reasons. At the center of the drama is a concept called ‘default,’ generally defined as a failure to meet a […]

TICK-TOCK

Yes, time is running out. So says Timothy Geitner, US Treasury Secretary. Time is running out for efforts to save this country’s credit rating. Time is also running out for Greece, Ireland, Portugal, Spain, and now Italy. Time is running out for the European Union, and the entire global financial system. Question: Have you heard […]

BEHIND CLOSED DOORS

What’s going on behind those closed White House doors when the President meets with Congressional leaders in an attempt to negotiate an agreement on the national budget and the debt ceiling? Obama says they will be meeting every day until they finish their job, but so far the reports emanating from those meetings indicate that […]

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