In quashed Fed indictment, 23 grand jurors explain why 2015’ll be lousy
A U.S. prosecutor quashed an indictment of the Fed in 1982 in this federal court house and post office in Salt Lake City, Utah. (Photo GSA.gov) There is more work to be done to ensure that all Americans can share in the accelerating recovery. — Jason Furman, council of economic advisers, White House By David […]
Baylor helps reflate economy with state-sponsored $13 million in red ink
Baylor School in Chattanooga is beneficiary of a F$13 million bond issue by the state. (Photo Baylor website) By David Tulis A government body’s creation of F$13 million in bonds for an exclusive private school in Chattanooga is a picture of commercial government writ rich. Last week a board of a state corporate subdivision known […]
Retail giants care little for customer, want only his money
A newspaper flier for a major chain store in Chattanooga. By Charles Hugh Smith Will we ever tire of navigating the multiple layers of intermediaries between the customer and the provider, while corporate profits soar to unprecedented heights? If we had to summarize what’s wrong with Corporate America and the entire U.S. economy, we can […]
How private money, inflation entail chicanery, fraud, coming wreck
Justice Stephen J. Field, a dissenter of paper money disaster By David Tulis The disaster of national economy that awaits us here in the hinterlands has its makings in ideas that are ultimately religious in nature. More immediately the wreckage caused by ballooning and unpayable debt is based on a ideas that take the form […]
Samuel warns us: Ask for king, get taxes, conscription, national economy
An Israelite king, Jehu, bows before Shalmaneser III, the Assyrian terror king, in 841 B.C., paying tribute. Slavery and kings were the lot of a the ungodly children of Israel. (Image Wikipedia) By David Tulis The promise of Christianity is that if men submit to the counsels of a loving God they and their kingdoms […]
Freedom for whites, blacks entails liberty for Mexican immigrants
Broadcast live streaming video on Ustream and Hot News Talk Radio 1240 Opposed to a free market in labor and free movement of peoples, progressives in the Republican party have little choice but to impose a draconian personal identification law that goes beyond the driver’s license. What is the Christian and free market perspective on […]
Capitalism, thinking of the other, is based on Christianity
Ustream and Hot News Talk Radio 1240 My show and this website argue for the simple premise that capitalism and the free market are based on the template of Christainity, which says, “I am here to help you.” 8 minutes. Tweet Pin It
Elites revitalize city with quiet consent of public; dissenters want more government
Robert Ashton Winslow tells how superior people of means and talent in the past 50 years have reshaped the river city into a tourist town with a pro-environment reputation. “We are so diverse and full of ideas and we do have real divisions,” the young filmmaker says. “But polarization makes us forget that we really […]
We hope in local economy because it matters not who controls U.S. senate
The walking bridge in Chattanooga is full of pedestrians during a holiday crowd, many of whose members believe GOP control of the U.S. senate is important. Charles Hugh Smith Please don’t claim anything changes if one party or the other is in the majority. Anyone clinging to that fantasy is delusional. If you really think […]
When companies export profit from local economy, negative multiplier effect kicks in
The sun sets in Hixson upon retail shops that energize two sorts of clientele. By Alfred Adask In 1999 Drs. William Heffernan, Robert Gronski, and Mary Hendrickson (professors in the Department of Rural Sociology at the University of Missouri) presented a paper entitled “Concentration of Agricultural Markets” to the National Farmers Union. That paper outlined […]