November 9, 2011
The Long-Term Fear Factor
Labels: Bus Econ 20110917 Occupy Wall Street, Bus Econ eurozone, Bus Econ sovereign debt,Dayhoff Media The Tentacle, World Europe http://kevindayhoff.blogspot.com/2011/11/kevin-dayhoff-tentacle-long-term-fear.html
Recently the political turmoil in Italy and Greece, France’s increasing financial troubles, and the lack of leadership in Europe and the United States, are slowly edging the planet from an economic crisis to a long-term fear factor.
Not to be overlooked are the troubled national economies of Portugal, Ireland, Spain, and Japan, punctuated by the sharp populist rhetoric of President Barack Obama’s re-election campaign attacks on “the rich,” banks, Wall Street and big multi-national corporations.
Economic and political uncertainly is one thing. However, the growing social instability exemplified by the civil unrest in Greece and the Occupy Wall Street protests in the United States should give most thinking Americans, with sense of history, pause for thought.
In spite of the fact that the message of the Occupy Wall Street protestors is muddled, if not incoherent; putting an exclamation point on the generalized perception of dismay and unease over the current state of economic affairs could easily be understood as a call for action... http://www.thetentacle.com/ShowArticle.cfm?mydocid=4735
Kevin Dayhoff The Tentacle: The Long-Term Fear Factor
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Kevin E. Dayhoff
November 9, 2011
The Long-Term Fear Factor
Recently the political turmoil in Italy and Greece, France’s increasing financial troubles, and the lack of leadership in Europe and the United States, are slowly edging the planet from an economic crisis to a long-term fear factor.
November 2, 2011
Work Cut Out For Municipal League
This week officials from Maryland cities and towns throughout the state converged on the Cambridge Hyatt Chesapeake Bay conference facilities for the three-day Maryland Municipal League’s fall legislative conference.
October 26, 2011
The Path to Re-Election, Argentine Style
Riding the wave of a booming economy, fueled primarily by agricultural exports, the incumbent leftist Peronist-Justicialist and truly enigmatic president of Argentina, Cristina Elisabet Fernández de Kirchner, 58, easily won her bid for re-election on Sunday.
October 19, 2011
Bank Transfer Day
While everyone was distracted by what Charles Krauthammer delightfully described as, the “Starbucks-sipping, Levi’s-clad, iPhone-clutching protesters (of the Occupy Wall Street movement who) denounce corporate America even as they weep for Steve Jobs, corporate titan, billionaire eight times over…,” a new social uprising term has entered the public discourse. Saturday, November 5 is “Bank Transfer Day.”
October 12, 2011
The Maryland Redistricting Sweepstakes
Many veteran political observers were taken aback when Maryland Gov. Martin O’Malley’s redistricting commission released its proposed congressional redistricting plan late in the evening of October 3; especially those in Frederick and Carroll County.
October 5, 2011
The Durbin Predator Fees
Last week Bank of America announced it was going to further bite into the neck of the consuming public with a predatory “Durbin Fee” of $5 per month to use its debit card.
September 28, 2011
A “Capital” History Lesson
Yesterday, September 27, one city in the United States celebrated the anniversary of the occasion when it was the capital of the United States for one day. Can you name that city? How many cities have served as the capital of our nation since September 5, 1774?
September 21, 2011
Presidential Tax Attack
Just as the United States’ economy teeters on the brink of a double-dip recession, President Barack Obama on Monday prescribed his solution – $1.5 trillion in new taxes.
September 14, 2011
Special Session Challenges
In a little over a month, the Maryland General Assembly will hold its 15th special session since 1970. The General Assembly is scheduled to convene October 17 to redraw the state’s eight congressional districts based on the results of the 2010 census.
September 7, 2011
Without a Clue
Tomorrow evening President Barack Obama will lay out his job creation proposals in a campaign address to a joint session of Congress. The president previewed his plans Monday in a Labor Day speech in Detroit.
August 31, 2011
Never bet against the American farmer
Greetings from Southern California. This week I had the opportunity to attend a nationwide agri-business economics conference in San Diego and what I found is somewhat a mixed bag – of sorts.
August 24, 2011
As You Like It Richard III
Now is the winter of our discontent… On the morning of August 22, in 1485, a defining moment in English history took place with the death of King Richard III in the Battle of Bosworth Field.
August 17, 2011
Let them eat potatoes
It was quite fascinating recently to read an article about urban foragers who are scavenging for food at abandoned homes. If it isn’t a manifestation of the chaotic behavior of the butterfly effect at the beginnings of economic chaos theory, it is missing a good chance.
August 10, 2011
Turn off the faucet…and the lights
It was a tough day in the world’s dystopian financial markets Monday as turmoil over the global economy turned into wide-eyed, white-knuckle fear and liquidity began a desperate search for a safe place to spend the night.
August 3, 2011
Avoiding Debtmageddon
Now that Congress and the president have reached an agreement to avoid Debtmageddon, Americans can now turn their collective attention to the hard cold reality – the current recession continues to grind down the very soul of our society.
July 27, 2011
Celebrating Another ‘Recover Summer’
The “Recover Summer” announced by Democrats a year ago never materialized and is now nothing but a distant memory for the more than 14 million Americans still looking for work since the “Great Recession” was declared over in June 2009.
July 20, 2011
Mr. Jefferson’s Dinner Deal
As the August 2 deadline looms for the U.S. to raise the debt ceiling, many avid Washington-watchers are passing the popcorn as the drama continues to unfold. For those who study economic history, this fight is as old as the Republic itself.
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