Economics

Soros the Austrian? George Soros grabbed headlines yesterday with an interview in Newsweek [http://www.thedailybeast.com/newsweek/2012/01/22/george-soros-on-the-coming-u-s-class-war.print.html] . The rabid leftist octogenarian investment icon and social activist ain't too optimistic. He's expecting riots in the U.S., lots of deflation,

Happy All Souls Day. It's probably my favorite non-obligatory feast day of the year. Occupy a Job Already The Occupy Wall Street people need to go home. I sympathized with them at first: I hate Wall Street, too. But it's obvious that it's a

This seems consistent with massive money printing: The extra money flows to the favored segments (Wall Street and its connections) but not to main street. Meanwhile, the extra money results in climbing prices. All the while, the government says it's a result of the Japanese earthquake, drought, and

The Land of Arnold I previously used my weekends for philosophy and theology. Now I use them to catch up on the previous week's contemporary reading, on those essays that I should have read when they first appeared but simply couldn't get to because of the

Received in an Email From one of my investment newsletters: a good, concise explanation of the European problems (besides a dearth of soap and shampoo): > There are three dynamics and a tension: > Ӣ Dynamic I The inevitable default by Greece on its sovereign debt raises the likelihood that one

St. Francis The first part of October is crammed with good feast days. St. Therese on October 1st, St. Francis today, St. Bruno in a few days. In honor of St. Francis Feast Day, I grabbed Joseph Pearce's Wisdom and Innocence, A Life of GK Chesterton off the

Happy Labor Day. Consistent with light holiday traffic patterns, I am blogging lightly today. I just have this fascinating piece from Zero Hedge: Wikileaks Discloses The Reason(s) Behind China's Shadow Gold Buying Spree [http://www.zerohedge.com/news/wikileaks-discloses-reasons-behind-chinas-shadow-gold-buying-spree] . Excerpt: > We have a suspicion that the