Category Archives: U.S. News

Backyards, Skylines and Mountain Tops

Alicia Moritz Dante Ruffalo March 02

A LITTLE INFLATION HELPS A LOT

Inflation hawks are critics of the Federal Reserve and include politicians such as Ron Paul (who understands so little about economics he actually believes you shouldn’t use numbers in estimating things like GDP growth, i.e. Austrian School of Economics, which was debunked as nonsense). Mr. Paul writes alarming newsletters every week warning about soaring inflation. […]

March 02

KOCH BROTHERS AND KEYSTONE XL

As a former research scientist, I want to make clear, there are no respected members of the scientific community that deny anthropogenic causes of climate change.  Not a single one.  Millions of scientists around the world interpret the objective scientific climate data the same.  Their conclusion- man is the cause of global warming and only […]

dante ruffalo alicia moritz January 29

QUICK FACT SHEET ON KEYSTONE XL

The argument, say proponents of the Keystone XL pipeline, is that it will decrease energy dependence (foreign oil), create jobs (to build pipeline) and not risk environmental hazard. 1. Energy dependence: The answer is no.  TransCanada, the company that will construct the pipeline, estimates an increase in the price of oil of $3 per barrel […]

January 28

DEATH PENALTY- WHAT WOULD JUDGE POSNER DO?

Former Harvard Law School professor and Federal Circuit Judge Richard Posner has written volumes on cost-benefit analysis.  Judge Posner has applied this calculus to everything from public funding for Aids education to trademark law. Taking the conservative Federal Judge’s philosophy and applying it to capital punishment, there is an obvious imbalance in the equation immutable […]

Dante Ruffalo Alicia Moritz January 28

How QE Works and Why Europe is now using it

Although Mr. Bernanke is now retired from Chair of the Fed, Janet Yellen, his successor, has vowed to follow through on his monetary policies.  In fact, she was chosen to head the bank specifically for this reason. Quantitative Easing (QE) has been politicized in a manner which has distorted what it actually is.   Phrases […]

April 05

THAT’S NOT A ‘SMALL BUSINESS’

One must always remember that politics (particularly in DC) is a business with a revenue model based on votes instead of dollars and dollars are used to buy these votes. It is claimed by some politicians that the left is waging a war on ‘small business’.  This is ironic because Democrats are no less culpable […]

March 26

FOOD STAMPS ARE FOR LAZY PEOPLE

Recent cuts in food stamps were a contentious issue based in erroneous perceptions about none other than race.  The Senate’s former third-ranking Republican, Rick Santorum, is a vociferous advocate of teaching ‘intelligent design’ in public schools, opposes abortion even in the case of rape (saying the victim should ‘make the best out of a bad […]

dante Ruffalo alicia moritz March 19

WHAT ALAN GREENSPAN AND LIBOR HAVE IN COMMON

My all time favorite quote from former Fed Chairman Alan Greenspan is ‘I underestimated the extent to which market participants would behave irrationally.’ Said to Congress by the 88-year-old in a grave tone one would think it to be an honest admission. That however, is hardly the case.  Let me explain what a ‘market participant’ […]

Dante Ruffalo Alicia Moritz March 02

BITCOIN: UNDERSTAND CURRENCY BEFORE YOU GO CREATING ONE

The digital currency Bitcoin is fascinating in design.  It is comprised of an elegant equation, the solution to which yields a unit that is limited in supply to 21 million.  Super computers, kept cool near the arctic circle in Iceland, work ceaselessly, processing the equation in what is called ‘Bitcoin mining.’  It is a libertarian […]

Dante Ruffalo Alicia Moritz March 01

WHY DON’T SUPREME COURT JUSTICES KNOW MATH?

Monday, the Supreme Court will here Hall v. Florida.  The issue in the case is whether the Florida state court erred in sentencing to death a man with an IQ below the threshold for intellectual disability (IQ of 70). In 2002, Justice John Paul Stevens wrote in Atkins, a similar case of a ‘mentally retarded’ man sentenced to […]

Dante Ruffalo Alicia Moritz February 28

FACTORY WORKERS DON’T REJECT UNIONS

Autoworkers at a Volkswagen car manufacturing plant in Chattanooga, Tennessee rejected an offer to join the United Autoworkers Union.  The UAW is known to negotiate higher wages, better benefits and stronger pension plans for factory workers at autoplants.  The other notable feature of the UAW is turning states Blue.  Since Democrats support unions and Republicans […]

Dante Ruffalo Alicia Moritz debt ceiling February 27

WHAT THE DEBT CEILING IS NOT

The debt ceiling DOES NOT CONTROL SPENDING. I put this in caps, not to be impolite, but to correct an egregious mistake the media has allowed certain politicians to propagate. The debt ceiling is an arbitrary limit on the issuance of debt by the Treasury.  When politicians say they won’t raise the debt ceiling because […]

Dante Ruffalo February 26

Judiciary

After medical school, I attained a law degree with a concentration in patent law.  Where possible, I will write legal analyses of issues before the Supreme Court and occasionally write an argument.  I will also try to explain the legal principals used in the decisions of lower courts because often the media states the conclusion […]

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