Yesterday, I went to the mall. This is not a new occurrence. I go to the mall almost every day. It is where the grocery store and the office supply store are, as well as the Starbucks and many, many restaurants. To get to the mall, I ride for about 10 minutes on a mini-bus, filled with people heading in my direction. Yesterday, the driver stopped on the way to fill up his tires. The compressor was owned by a guy who had set up a little business for himself on the side of the road. That’s also no big deal.
It’s an election year. That must mean it’s time for Congressional representatives to announce support for ridiculous Constitutional amendments and for state leaders to instill fear in the population by creating all sorts of boogeymen, like (imaginary) undocumented Mexicans running roughshod in the Arizona desert, beheading (imaginary) poor, unsuspecting, hardworking, freedom-loving, salt of the earth Americans.
Which has me wondering: why is discussing problems and solutions like grown ups so unpalatable in America?
I should make clear from the outset that I am not an economist. So this post is more of a question for those of you out there who actually know something about the way economies, and more specifically financial investments, work.
When I want to learn about something, I generally start with my good friend, the Google. Depending on how much I want to know, it can stop there, or lead me to the local public library. Sometimes, when I want to know a lot about one particular thing, I even head for one of the university libraries in town.
They get six years of free reign during which they drive the country into a ditch. Not just any ditch, either--a snow-filled ditch with a pond of thin ice at the bottom, far, far away from the nearest gas station.
Then, they start losing. So, instead of asking themselves why they are losing, they double down, and lose some more.
Right after the election was over, I started a series of posts called Stuff I Learned, about the history of American presidents, as I read a book called The American Presidency. I didn't get very far into the book, and now I can't find it. I'm not all that worried about finishing, not being a fan of non-fiction.
So, at least for now, I won't be sharing with you the stuff I learned about American history. Instead, I'm hoping you'll share with me stuff you already know, because I'm confused.
Clayton Homes, owned by Warren Buffett’s Berkshire Hathaway, makes more mobile home loans than any competitor by a factor of six....operates under at least 18 names, leading many buyers to think they’re shopping around...lends at interest rates that can top 15 percent, and often adds thousands in fees to borrowers’ loans....Clayton customers report deceptive and predatory deals including loan terms that changed abruptly....To maintain its down-to-earth image, Clayton has hired the stars of the reality TV show Duck Dynasty to appear in ads. Buffett, meanwhile, has become known as a Billionaire of the People, grousing publicly that his secretary pays a higher tax rate than he does
It seems there is concern among some folks that this so-called training maneuver is just a cover story. What's really going on? President Obama is about to use Special Forces to put Texas under martial law.
The protesters, Israeli Jews of Ethiopian origin, were demonstrating on Sunday against what they said was police racism and brutality after a video clip emerged last week showing policemen shoving and punching a black soldier. Demonstrators overturned a police car and threw bottles and stones at officers in riot gear at Rabin Square in the heart of Israel's commercial capital.