Professor Elam

Say’s Law. states that products have to be paid for with products. Who then shall pay for the stimulus?  Hillary says no one has to, yep fire up the Govt printing press.  As Soros noted in the previous post, this is one reason the US Dollar continues to decline.  And commentators on tv are wondering whether as both these articles say, throwing money from airplanes to the public is such a good idea.  We report, you decide. 

And in this article the WSJ questions decoupling. Monday’s world wide sell off shows that globalizatino has coupled rather than decoupled the markets of the world.  We get a cold, the Far East gets pneumonia. And clearly those markets questioned the proposals being floated here to do something about it. It will be difficult to solve this problem, have our cake, and eat it too.