Jun 13th
Posted by shambo and filed under Economics

Let me say this about that. A little over two years ago, I wrote an article entitled “Parenting for Dummies”.   That article had one basic point:   “Every parent who teaches their kids that they are ‘special’ is leaving them grossly unprepared for adult life”.  Fast forward to the summer of 2012 and I discover an article about a high school […]

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Aug 1st
Posted by shambo and filed under Economics

  Let me say this about that. Like most Americans I have been watching the “Great Monkey Grab-Ass Show” performed by our nation’s leaders in Washington, as they negotiate a settlement to the current debt/budget crisis.  To give you guys a summary of what has been happening (just in case you actually have a life and […]

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Jan 31st
Posted by shambo and filed under Economics

 Let me say this about that. A guy walked into a doctor’s office and complained to the nurse about severe headaches.  The nurse directed the guy to an exam room and told him to wait for the doctor.  A few minutes later the doctor walked in and asked the guy what was his problem.  The […]

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Oct 3rd
Posted by shambo and filed under Economics

Let me say this about that. Two middle-aged gentlemen lost their jobs and had achieved no success finding other employment.  After a couple of months, they decided to give up looking for new jobs and try their hand at making money by day-trading stocks.  They usually met for lunch each Monday to exchange stock trading […]

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Apr 28th
Posted by shambo and filed under Economics

Let me say this about that. OK, let’s start by being honest with each other.    Question:  How many of you out there really understand what the hell is going on in the Middle East?   That’s a pretty hard question so I’ll ask another, more simple one.    Question:  Why are the Israelis and […]

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Mar 10th
Posted by shambo and filed under Economics

Let me say this about that. I am often amazed by how little most folks actually know about how things work in their lives.  I don’t necessarily mean physical things like refrigerators, thermostats, or cell phones.  I mean institutions like banks, insurance companies and the stock market. I know a number of guys who claim success investing […]

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Posted in Economics
Mar 2nd
Posted by shambo and filed under Economics

Let me say this about that. Since my retirement, Mrs. Shambo and I have made a habit of spending at least one month/yr. outside the United States.  It’s fun, it’s exciting and it’s educational.  Just like the man who can’t “see the forest for the trees”, you really need to get out of America once in […]

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Nov 30th
Posted by shambo and filed under Economics

Let me say this about that. I have been studying the current administration’s economic stimulus packages.  Not because I don’t have a life and have nothing better to do.  I am doing it because I have discovered a mathematical phenomenon that has been overlooked, not only by the general public, but by the Obama economic […]

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Oct 6th
Posted by shambo and filed under Economics

Let me say this about that. I, for one, believe the Obama administration is doing a bang-up job handling our economy.  Their methodology is so simple, it’s a wonder no past administration had ever thought of it.  The fundamental strategy is to give away money and “HOPE” that things will get better.  The qualification for getting […]

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Sep 8th
Posted by shambo and filed under Economics

Let me say this about that. As LMSTAT pointed out last week, America has some big problems.  Leaders in  business and government have proven that they are no smarter than the average Joe Sixpack.  The guys running General Motors ran the company into bankruptcy.  The guys running the nation’s largest insurance company, AIG, ran it […]

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