Category Archives: Words of Wisdom

 By Richard Walrath   Speaking of Law and Order, Fred Thompson who plays the DA.on the show, is contemplating a run for the presidency.  After all, he used to be a Senator.  Maybe Thompson could be replaced by Attorney General … Continue reading →

By Richard Walrath    As we all know, species have been disappearing from the earth before scientists have been able to identify, classify, and categorize them.  One such species with long blond hair, possibly human, has been described as a … Continue reading →

 By Richard Walrath   I’m not sure abot this, but I think the idea of getting a pardon for Scooter Libby soon — as in right away — is so Libby doesn’t tell Fitzgerald what else he knows about the Valerie Plame … Continue reading →

By Richard Walrath   I’m not sure about this, but I think the idea of getting a pardon for Libby soon, as in right away, is so Libby doesn’t tell Fitzgerald what else he knows.  What was the name of … Continue reading →

By Richard Walrath   Is it possible that we could still end up with a Republican white male elected in 2008?  I think they’re going to go with Rudy Giuliani, who is far ahead of John McCain now and I … Continue reading →

By Richard Walrath   Everyone in this world is able to contribute to the happiness of others. Some do this with their presence — while others can do so with their absence.

By Richard Walrath   Among other reasons, Bush the First lost his bid for re-election in 1992 because he was unaware of what that gadget is at the check-out counter in a grocery store — that gadget that we all … Continue reading →

By Richard Walrath   Walker [Comptroller General David Walker, head of the Government Accountability Office] comes on CBS 60 Minutes and wants us all to know that the thing to do is cut Social Security and Medicare.  Put more money … Continue reading →

By Richard Walrath   This is going to be an interesting week.  People are absolutely up to their eyeballs in debt.  The housing market is in a slump and isn’t going to get better for some time.  People have been … Continue reading →

By Richard Walrath   Paul Krugman says he’s not predicting that we’re headed for the great wipe-out, but if there’s going to be one, this is the way it’s going to start.  The money-changers are telling everybody this is the … Continue reading →

By Richard Walrath   I think it’s interesting that one of the biggest problems in the Iraq war has been the inability of the Unted States to speak any of the dialects of the country Bush invaded.  Instead of insisting … Continue reading →

By Richard Walrath   When people decide not to spend or invest, liquidity dries up.  People who could do either decide not to.  They prefer to keep their wealth in some other form.  There are always plenty of people who … Continue reading →

By Richard Walrath   Paulson is on the air jawboning to China to increase the value of their yuan.  China’s answer reminds me of the story of the Chinese immigrant — legal, I hope — who came to this country, worked … Continue reading →

By Richard Walrath mailto:   Money and Banking 101 used to be the favorite course in Economics and Finance.  M-1, M-2, M-3 — every time someone came up with a new one to get people to spend, they just added … Continue reading →

By Richard Walrath What we did when we ended "welfare as we know it" was flood the labor market with hundreds of thousands of unskilled people able to find, at best, minimum wage jobs.  At the same time, welfare benefits … Continue reading →

By Richard Walrath  The market took a fall yesterday and, at the end of the day, the DOW had plummeted an unprecedented 461 points. The Dow has fallen before, except this time, there is the problem of the falling dollar … Continue reading →

By Richard E Walrath   Joe Lieberman hit the editorial pages of the Wall Street Journal today to chastise those in the Senate who oppose George Bush’s plan to "surge" more troops into the bloody insurgency in Iraq. "Unfortunately, for … Continue reading →

By Richard E Walrath   I wonder if the Democrats could scrape up 218 votes in the House? They have more than enough to impeach Bush, but can you count on all Democrats? The Repugnants needed all their votes to … Continue reading →

By Richard E Walrath   Swiftboating Hillary Clinton will not be a repeat of the John Kerry 2004 disaster. Her campaign will be loaded with money as well as ammunition. Kerry watched his ship sink in August 2004 and never … Continue reading →

By Richard E Walrath   Saw an interesting article last week on George Bush’s Alternative Minimum Tax (AMT). Its authors, Craig Jennings and Adam Hughes, say the AMT is a "stealth tax" which draws more and more middle-class taxpayers into … Continue reading →

By Richard Walrath  Dennis Kucinich sounds even better the second time around than he did the first. Health Care? Extend Medicare to all. It does a better job at a lower cost than any of the insurance companies. What to … Continue reading →

By Richard Walrath   In his Feb. 15 commentary on health care, New York Times’ Paul Krugman dissected the "dysfunctional nature" of our health insurance system.  Krugman says it is a "system in which resources that could have been used to … Continue reading →

By Richard Walrath   The military mind is persistent. You can count on the generals to figure it out. The only trouble is that they’re always fighting the last war. In this case, they didn’t get that right, either. Vietnam … Continue reading →

By Richard E Walrath   Everybody knows that Bush did not win the first election. It’s worth spnding some time looking at how Cleveland voters voted or did not vote compared to the down-state and rural areas of ahia. We … Continue reading →