U.S. Sen. Kay Bailey Hutchison recently launched her long-awaited challenge to Texas Gov. Rick Perry. I was quoted as a Hutchison supporter in an article that so far has run in two publications.
August 21, 2009
August 19, 2009
Capitalism: Free Enterprise versus Finance
The reason the distinction between Free Enterprise and Finance is so important today, lies in the fact that free enterprise or free markets have always generally been able to achieve a natural equilibrium based on supply and demand. However, speculative “financial” practices tend to force real production economies to become unbalanced. This generally creates the “boom and bust” phenomenon. Unfortunately, the two concepts still remain fused today and synthesized in the public’s mind within the definition of capitalism–just as Karl Marx intended it in the mid 1800’s when he coined the term as a pejorative or strictly negative term.
Real Estate Valuations
The activities of the valuation and appraisal function have become increasingly vital to the exercise of best practices, as regards the fiduciary quality control function. One goal of the appraisal process and administration function should be to ensure that possible inherent conflicts throughout the valuation process do not occur. It is our view that differentiated functions in the valuation process need to be clearly assigned, uninfluenced and separated to achieve an accurate accounting of the portfolio, as well as each of its individual component investments.
Global Trade
While global trade has declined over the past year due to financial turmoil confronting the world’s economies, significant efforts are being undertaken by major sovereign governments and their central banks to rapidly remedy these situations with stimuli programs of lasting benefit. As has been the trend of the last several years, international trade will continue to be at the core of global financial expansion for both developed and emerging economies. Infrastructure projects take considerable planning and time to effect development. Consequently, areas with well established, high quality and efficient infrastructures which are ready for receipt, forwarding and distribution of international or domestic products will be positioned to prosper in the global economy of the 21st century.
A Basic Program to End the Financial Turmoil
We believe in the inherent value of being students of history while applying heuristic and analytic methods to research of core phenomena in pursuit of solutions which have the highest probability of success. Our work is done without regard to passion, prejudice or partisanship but only toward the application of logic in achieving true understanding.
August 13, 2009
My review of Rachmaninov: Piano Concertos 2 & 3 CD
As a classical pianist myself I have my own definite tastes in CD’s. I was so impressed by this work, Rachmaninov: Piano Concertos 2 & 3, Sergey Rachmaninov, that I had to write a review.
My Review of Becoming Madame Mao by Anchee Min
From time to time I will write online reviews of literature or music that really appeals to me. So it was with this book Becoming Madame Mao by Anchee Min.
Genesis and Evolution of an Economic Turmoil
The current financial turmoil or upheaval that is with us today and will continue for an indeterminate amount of time – needs to truly be understood. Re-tracing specific events leading up to a complex series of problems is especially important in fully grasping the situation before embarking on devising a strategy and tactical plan toward a comprehensive vanishment or resolution.
Consequence and Moral Hazard
If a system’s goal is to accommodate expansion and prosperity throughout regions, then we need to consider the broad effect all the way to a participant from a disadvantaged or emerging market. How long will they or for that matter the global society, be set back?
Prudential Regulation in Free Market Economies
The North American “experiment” has been instructive in many areas. Apparently, free market societies left to their own devices have a tendency to be highly creative and productive. GDP is but one indicator validating this phenomenon.